Gabelli Equity Trust director updates share holdings
GABELLI EQUITY TRUST INC director Anthonie C. van Ekris filed an amended Form 3 to correct his initial statement of beneficial ownership.
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Form Type
3/A
Rhea-AI Filing Summary
GABELLI EQUITY TRUST INC director Anthonie C. van Ekris filed an amended Form 3 to correct his initial statement of beneficial ownership. The amendment reports 5,000 shares of common stock held directly and 2,000 shares in a trust account for his son plus 2,000 shares in a trust account for his daughter, where he serves as trustee.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
VANEKRIS ANTHONIE C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock, Par Value $0.001 | -- | -- | -- |
| holding | Common Stock, Par Value $0.001 | -- | -- | -- |
| holding | Common Stock, Par Value $0.001 | -- | -- | -- |
Holdings After Transaction:
Common Stock, Par Value $0.001 — 5,000 shares (Direct);
Common Stock, Par Value $0.001 — 2,000 shares (Indirect, Trust account for son);
Common Stock, Par Value $0.001 — 2,000 shares (Indirect, Trust account for daughter)
Footnotes (3)
- F1. The shares being reported for Mr. van Ekris and his children should have been included in the original filing.
- F2. The shares reported are held in a trust account for the son of Mr. van Ekris. Mr. van Ekris also serves as the trustee on the account.
- F3. The shares reported are held in a trust account for the daughter of Mr. van Ekris. Mr. van Ekris also serves as the trustee on the account.
Key Figures
Direct common shares: 5,000 shares
Trust shares for son: 2,000 shares
Trust shares for daughter: 2,000 shares
3 metrics
Direct common shares
5,000 shares
Common Stock, par value $0.001, held directly by Mr. van Ekris
Trust shares for son
2,000 shares
Common Stock held in a trust account for his son; Mr. van Ekris is trustee
Trust shares for daughter
2,000 shares
Common Stock held in a trust account for his daughter; Mr. van Ekris is trustee
Key Terms
Form 3/A, beneficial ownership, trust account, indirect ownership
4 terms
Form 3/A regulatory
"Amended Form 3 updates the initial statement of beneficial ownership"
An amended Form 3 (Form 3/A) is a corrected or updated disclosure filed with regulators that revises an insider’s initial report of their ownership in a public company — typically for officers, directors or large shareholders. Investors use it like a corrected inventory list: it clarifies who owns how many shares and whether earlier reports had errors, helping assess insider confidence, possible conflicts and the accuracy of ownership records that can affect stock valuation and trust.
beneficial ownership financial
"The amendment corrects the initial statement of beneficial ownership for the director"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
trust account financial
"Shares are held in a trust account for the son and daughter of Mr. van Ekris"
A trust account is a special bank or brokerage account where assets are held and managed by a designated person or firm (the trustee) for the benefit of another person or group (the beneficiary). It matters to investors because it separates assets from personal or corporate funds, can protect assets, control how and when money is used, and may affect tax or legal rights—think of it as a locked drawer opened only under agreed rules.
indirect ownership financial
"Holdings in the children’s trust accounts are reported as indirect ownership"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the amended Form 3/A for GAB disclose about Anthonie C. van Ekris?
The amended Form 3/A updates Anthonie C. van Ekris’s initial ownership report. It shows he holds 5,000 GABELLI EQUITY TRUST INC common shares directly, plus additional shares through trust accounts for his son and daughter where he serves as trustee.
Why was an amendment to the original Form 3 for GAB necessary?
The amendment states that the shares reported for Mr. van Ekris and his children should have been included in the original filing. The Form 3/A therefore corrects the initial statement by adding these direct and trust account holdings of GAB common stock.
Are the trust accounts in the GAB Form 3/A controlled by Anthonie C. van Ekris?
Yes. The filing explains that the GAB shares for both his son and daughter are held in trust accounts for which Mr. van Ekris serves as trustee. This role gives him responsibility over those trust accounts and supports their classification as indirect holdings.
Does the GAB Form 3/A show any new buy or sell transactions?
No specific buy or sell transactions are identified in the data. The entries are categorized as holdings with unknown transaction codes, and the amendment emphasizes that these shares should have been reported in the original ownership statement instead of reflecting new trading activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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