Director boosts stake in Gabelli Dividend & Income Trust (GDV)

Rhea-AI Filing Summary

Gabelli Dividend & Income Trust director Michael J. Melarkey reported open-market purchases of 2,000 common shares at $28.5202 per share. The transactions on January 23, 2026 included 1,000 shares bought indirectly through Le Cle Investments and 1,000 shares bought in a direct account.

Following these trades, indirect holdings through Le Cle Investments total 6,951.698 shares, and direct holdings total 1,000 shares. The filing notes that Mr. Melarkey is a managing member of Le Cle Investments, whose controlling members include trusts he controls.

Insider Trade Summary

Net Buyer: 2,000 shares ($57,040)

Net Buy 2 txns

Insider MELARKEY MICHAEL J

Role null

Bought 2,000 shs ($57K)

Type	Security	Shares	Price	Value
Purchase	Common Shares, Par Value $0.001	1,000	$28.5202	$29K
Purchase	Common Shares, Par Value $0.001	1,000	$28.5202	$29K

Holdings After Transaction: Common Shares, Par Value $0.001 — 1,000 shares (Direct, null); Common Shares, Par Value $0.001 — 6,951.698 shares (Indirect, Le Cle Investments)

Footnotes (1)

1. [object Object]

Key Figures

Shares purchased (total): 2,000 shares Purchase price: $28.5202 per share Indirect shares purchased: 1,000 shares +3 more

6 metrics

Shares purchased (total) 2,000 shares Open-market purchases on January 23, 2026

Purchase price $28.5202 per share Common Shares, Par Value $0.001

Indirect shares purchased 1,000 shares Held through Le Cle Investments

Direct shares purchased 1,000 shares Direct ownership by Michael J. Melarkey

Indirect holdings after 6,951.698 shares Le Cle Investments position after transaction

Direct holdings after 1,000 shares Direct position after transaction

Key Terms

open-market purchase, indirect ownership, Common Shares, Par Value $0.001, Form 4

4 terms

open-market purchase financial

"transaction_action: "open-market purchase""

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

indirect ownership financial

"ownership_type: "indirect" and nature_of_ownership: "Le Cle Investments""

Common Shares, Par Value $0.001 financial

"security_title: "Common Shares, Par Value $0.001""

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 02:12 PM Accepted by SEC EDGAR 07/02/2026 - 02:11 PM Learn about SEC filing dates

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^*

MELARKEY MICHAEL 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 DIVIDEND & INCOME TRUST [ GDV ]

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)
01/23/2026

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	01/23/2026		P		1,000	A	$28.5202	1,000	D
Common Shares, Par Value $0.001	01/23/2026		P		1,000	A	$28.5202	6,951.698	I	Le Cle Investments(1)

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. Mr. Melarkey is a managing member of Le Cle Investments whose controlling members include trusts controlled by Mr. Melarkey.

	John C. Ball as Attorney-in-Fact for Michael J. Melarkey	07/02/2026
	** 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 GDV director Michael J. Melarkey report?

Michael J. Melarkey reported buying 2,000 GDV common shares in open-market transactions. The trades occurred at $28.5202 per share and were split between indirect holdings via Le Cle Investments and a directly held account.

How many GDV shares did Melarkey buy directly versus indirectly?

He bought 1,000 GDV shares indirectly and 1,000 shares directly. The indirect purchase was through Le Cle Investments, while the direct purchase was in his own name, both executed at the same stated price per share.

What are Melarkey’s GDV shareholdings after these Form 4 transactions?

After the reported trades, Melarkey’s indirect holdings are 6,951.698 GDV common shares, and his direct holdings are 1,000 shares. These amounts reflect the updated positions disclosed following the January 23, 2026 purchases.

At what price were the GDV shares purchased in this Form 4 filing?

The GDV common shares were purchased at $28.5202 per share. Both the 1,000 indirectly held shares and the 1,000 directly held shares were acquired at this same reported price in open-market transactions on January 23, 2026.

What is the role of Le Cle Investments in Melarkey’s GDV holdings?

Le Cle Investments holds GDV shares indirectly for Melarkey, with 6,951.698 shares after the transaction. The filing states he is a managing member of Le Cle Investments, whose controlling members include trusts that he controls.