Gabelli Equity Trust (NYSE: GAB) executive receives 17 shares via rights

Rhea-AI Filing Summary

Gabelli Equity Trust executive John Chester Ball, President & Treasurer, reported an “other” transaction on common shares. He received 17 common shares at $5.00 per share through a primary and oversubscription allocation tied to the exercise of common stock purchase rights. Following this transaction, his direct holdings increased to 64 common shares. The filing reflects a rights-based allocation rather than an open-market buy or sell.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ball John Chester

Role President & Treasurer

Type	Security	Shares	Price	Value
Other	Common shares, par value $0.001	17	$5.00	$85.00

Holdings After Transaction: Common shares, par value $0.001 — 64 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares in transaction: 17 shares Transaction price: $5.00 per share Post-transaction holdings: 64 shares

3 metrics

Shares in transaction 17 shares Other transaction on common shares at $5.00

Transaction price $5.00 per share Price for common shares in rights-based allocation

Post-transaction holdings 64 shares Direct common share ownership after transaction

Key Terms

common stock purchase rights, oversubscription allocation, other acquisition or disposition

3 terms

common stock purchase rights financial

"based on the exercise of common stock purchase rights"

oversubscription allocation financial

"through a primary and oversubscription allocation based on the exercise"

other acquisition or disposition regulatory

"transaction_code_description": "Other acquisition or disposition""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ball John Chester

(Last) (First) (Middle)

C/O GAMCO INVESTORS, INC.

ONE CORPORATE CENTER

(Street)

RYE NEW YORK 10580

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
GABELLI EQUITY TRUST INC [ GAB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & Treasurer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common shares, par value $0.001	04/28/2026		J(1)		17	A	$5	64	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reporting person acquired these common stock through a primary and oversubscription allocation based on the exercise of common stock purchase rights.

	John C. Ball	04/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did GABELLI EQUITY TRUST INC (GAB) report?

The filing shows John Chester Ball recorded an “other” transaction involving 17 common shares at $5.00 each. These shares were allocated through a rights-based primary and oversubscription process rather than an open-market trade.

How many GAB shares did John Chester Ball receive in this Form 4?

He received 17 common shares in this transaction. The shares came via a primary and oversubscription allocation based on exercising common stock purchase rights, not through regular market buying or selling activity.

What is John Chester Ball’s total GAB holding after this transaction?

After the reported transaction, his direct ownership stands at 64 common shares. This reflects the addition of 17 shares received through the rights-related allocation disclosed in the Form 4 footnote.

How were the new GABELLI EQUITY TRUST INC shares acquired?

According to the footnote, the shares were acquired through a primary and oversubscription allocation. This allocation was based on the exercise of common stock purchase rights, indicating a rights-offering mechanism rather than open-market purchases.

What does transaction code J mean in this GAB Form 4 filing?

Transaction code J indicates an “other acquisition or disposition” of securities. In this case, it corresponds to shares obtained through a rights-based allocation process, not a standard market buy or sell order.