[Form 4] GABELLI EQUITY TRUST INC Insider Trading Activity

Rhea-AI Filing Summary

Gabelli Equity Trust director Salvatore J. Zizza reported internal changes in his share holdings. On common stock valued at $5.00 per share, 433 shares were attributed to his spouse as indirect ownership and 1,647 shares were recorded under his direct ownership.

Following these transactions, Zizza held 4,763 shares indirectly through his spouse and 18,113 shares directly. A footnote explains that the common shares were acquired through the exercise of common stock purchase rights, characterizing the activity as a restructuring-type event rather than a typical open‑market trade.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider ZIZZA SALVATORE J

Role null

Type	Security	Shares	Price	Value
Other	Common Stock, Par Value $0.001	1,647	$5.00	$8K
Other	Common Stock, Par Value $0.001	433	$5.00	$2K

Holdings After Transaction: Common Stock, Par Value $0.001 — 18,113 shares (Direct, null); Common Stock, Par Value $0.001 — 4,763 shares (Indirect, By spouse)

Footnotes (1)

1. [object Object]

Key Figures

Indirect transaction shares: 433 shares Direct transaction shares: 1,647 shares Total restructuring shares: 2,080 shares +3 more

6 metrics

Indirect transaction shares 433 shares Common stock via spouse at $5.00 per share

Direct transaction shares 1,647 shares Common stock at $5.00 per share

Total restructuring shares 2,080 shares Shares involved in J-code restructuring activity

Price per share $5.00/share Valuation used for both transactions

Direct holdings after 18,113 shares Common stock directly owned following transactions

Indirect holdings after 4,763 shares Common stock indirectly owned via spouse after transactions

Key Terms

Common Stock, Par Value $0.001, common stock purchase rights, indirect, transaction code J, +1 more

5 terms

Common Stock, Par Value $0.001 financial

"security_title: Common Stock, Par Value $0.001"

common stock purchase rights financial

"acquired these common shares through the exercise of common stock purchase rights"

indirect financial

"ownership_type: indirect, nature_of_ownership: By spouse"

transaction code J financial

"transaction_code: J, transaction_code_description: Other acquisition or disposition"

restructuringShares financial

"transactionSummary shows restructuringShares: 2080"

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^*

ZIZZA SALVATORE J

(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)

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

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 Stock, Par Value $0.001	04/28/2026		J(1)		1,647	A	$5	18,113	D
Common Stock, Par Value $0.001	04/28/2026		J(1)		433	A	$5	4,763	I	By spouse

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 shares through the exercise of common stock purchase rights.

	Peter D. Goldstein as Attorney-in-Fact for Salvatore J. Zizza	04/30/2026
	** 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)