[Form 4] The Gabelli Convertible and Income Securities Fund, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 highlights: On 07/01/2025, Mario J. Gabelli reported a sale of 5,000 GCV common shares at an average price of $3.8155 per share, generating proceeds of roughly $19,100. Following the transaction, Mr. Gabelli still directly holds 481,501 shares.

The filing also discloses substantial indirect holdings through related entities: 1,089,000 shares via GGCP, Inc., 17,575 shares via Gabelli & Company Investment Advisers, Inc., and 326,425 shares via Associated Capital Group, Inc. Mr. Gabelli disclaims beneficial ownership in excess of his indirect pecuniary interest.

Given the small size of the sale relative to Mr. Gabelli’s aggregate position of approximately 1.9 million shares, the transaction appears routine and does not materially change insider ownership levels.

Insights

Financial Analyst

TL;DR: Routine 5,000-share sale by Mario Gabelli; <1% of holdings, neutral signal for GCV investors.

The reported disposition represents only about 0.3% of Mr. Gabelli’s direct stake and an even smaller fraction of his total economic exposure when including indirect holdings. No derivative transactions or significant shifts in ownership structure are indicated. Because the fund’s market capitalization and daily volume comfortably exceed the dollar value of the sale, liquidity impact is negligible. Insider still retains a sizeable position, suggesting continued alignment with shareholders. Overall, the filing is not materially impactful to the investment thesis for GCV.

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
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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^*

GABELLI MARIO J

(Last) (First) (Middle)

C/O GAMCO INVESTORS, INC.

ONE CORPORATE CENTER

(Street)

RYE NY 10580

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC [ GCV ]

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

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Control Person of Adviser

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

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

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

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

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	07/01/2025		S		5,000	D	$3.8155	481,501	D
Common Stock, Par Value $0.001								1,089,000	I	GGCP, Inc.(1)
Common Stock, Par Value $0.001								17,575	I	Gabelli & Company Investment Advisers, Inc.(2)
Common Stock, Par Value $0.001								326,425	I	Associated Capital Group, Inc.(3)

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 shares reported reflect the total shares owned by GGCP, Inc. (GGCP). Mario J. Gabelli is the Chief Executive Officer, a director, and the controlling shareholder of GGCP. Mr. Gabelli has less than a 100% interest in GGCP and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest.

2. The shares reported reflect the total shares owned by Gabelli & Company Investment Advisers, Inc. (GCIA), a wholly owned subsidiary of Associated Capital Group, Inc. Mr. Gabelli has less than a 100% interest in GCIA and disclaims beneficial ownership of the shares held by this entity which are in excess of his indirect pecuniary interest.

3. The shares reported reflect the total shares owned by Associated Capital Group, Inc. (ACG). Mario J. Gabelli is the Executive Chair and controlling shareholder of ACG. Mr. Gabelli has less than a 100% interest in ACG and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest.

	Douglas R. Jamieson as Attorney-in-Fact for Mario J. Gabelli	07/02/2025
	** 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).
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FAQ

How many GCV shares did Mario Gabelli sell on 07/01/2025?

He sold 5,000 common shares.

At what price were the shares sold?

The sale price was $3.8155 per share.

How many GCV shares does Mario Gabelli own directly after the sale?

He directly owns 481,501 shares following the transaction.

What is Mario Gabelli’s total indirect ownership in GCV?

Indirectly he holds 1,433,000 shares (1,089,000 via GGCP, 17,575 via GCIA, 326,425 via ACG).

Does the Form 4 indicate any derivative transactions?

No. Table II lists no derivative securities acquired or disposed of.

Is the transaction considered a Rule 10b5-1 trade?

The filing does not mark the Rule 10b5-1 checkbox, so it is not reported as such.