STOCK TITAN

Gabelli Multimedia Trust (NYSE: GGT) amended insider filing shows 18,000 shares sold and Section 16 disgorgement

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Mario J. Gabelli, a director and control person of the adviser to Gabelli Multimedia Trust Inc. (GGT), has filed an amended Form 4 to correct a previously reported stock sale. The filing states that an initial transaction reported as 2,000 common shares sold on 12/09/2025 should have been reported as 9,000 common shares sold, at a sale price of about $4.18 per share. A second sale of 9,000 common shares on 12/10/2025 at $4.18 per share is also reported. Following these transactions, indirect holdings include 1,151,396 GGT shares through GGCP, Inc., 31,000 shares through GAMCO Investors, Inc., 432,582 shares through Associated Capital Group, Inc., 2,918 shares through Gabelli & Company Investment Advisers, Inc., and 33,500 shares through GPJ Retirement Partners, plus 1,020,654 shares held directly. The filing notes that disgorgement will be paid to the issuer for the 12/09/2025 sale under Section 16, and that Mr. Gabelli disclaims beneficial ownership of shares exceeding his indirect pecuniary interests in the related entities.

Positive

  • None.

Negative

  • None.
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*
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 MULTIMEDIA TRUST INC. [ GGT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) X Other (specify below)
Control Person of Adviser
3. Date of Earliest Transaction (Month/Day/Year)
12/09/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
12/11/2025
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 12/09/2025 S 9,000(1) D $4.1817(2) 1,151,396 I GGCP, Inc.(3)
Common Stock, Par Value $0.001 12/10/2025 S 9,000(1) D $4.18(2) 1,142,396 I GGCP, Inc.(3)
Common Stock, Par Value $0.001 31,000 I GAMCO Investors, Inc.(4)
Common Stock, Par Value $0.001 432,582 I Associated Capital Group, Inc.(5)
Common Stock, Par Value $0.001 2,918 I Gabelli & Company Investment Advisers, Inc.(6)
Common Stock, Par Value $0.001 33,500 I GPJ Retirement Partners(7)
Common Stock, Par Value $0.001 1,020,654 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 initial transaction that was previously reported as 2,000 common shares sold should have been reported as 9,000 common shares sold.
2. Disgorgement will be paid to the Issuer for this sale by the seller pursuant to Section 16 reflecting the sale price and the Reporting Persons pecuniary interest in the selling entity.
3. 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.
4. The shares reported reflect the total shares owned by GAMCO Investors, Inc. (GAMCO). Mario J. Gabelli is the Chairman, Chief Executive Officer, and controlling shareholder of GAMCO. Mr. Gabelli has less than a 100% interest in GAMCO and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest.
5. 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.
6. 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.
7. The shares reported reflect the total shares owned by GPJ Retirement Partners, LLC, a limited liability company. Mr. Gabelli has less than a 100% interest in the entity and disclaims beneficial ownership of the shares held by this entity which are in excess of his indirect pecuniary interest.
Douglas R. Jamieson as Attorney-in-Fact for Mario J. Gabelli 12/12/2025
** 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).
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.

FAQ

What did Mario J. Gabelli report in this amended Form 4 for GGT?

The amended Form 4 reports that a transaction previously shown as 2,000 Gabelli Multimedia Trust Inc. (GGT) common shares sold on 12/09/2025 should have been reported as a sale of 9,000 common shares, and it also reports a separate sale of 9,000 common shares on 12/10/2025.

At what prices were the GGT shares sold in the corrected transactions?

The corrected sale on 12/09/2025 involved 9,000 GGT common shares at a sale price of $4.1817 per share, and the 12/10/2025 sale involved 9,000 shares at $4.18 per share.

How many GGT shares does Mario J. Gabelli report as beneficially owned after the transactions?

After the reported transactions, the filing lists 1,151,396 GGT shares indirectly through GGCP, Inc., 31,000 through GAMCO Investors, Inc., 432,582 through Associated Capital Group, Inc., 2,918 through Gabelli & Company Investment Advisers, Inc., 33,500 through GPJ Retirement Partners, and 1,020,654 shares held directly.

What does the filing say about disgorgement related to the GGT stock sale?

The filing states that disgorgement will be paid to the issuer for the 12/09/2025 sale under Section 16, reflecting the sale price and Mr. Gabelli's pecuniary interest in the selling entity.

What is Mario J. Gabelli’s relationship to Gabelli Multimedia Trust Inc. (GGT)?

The filing indicates that Mario J. Gabelli is a director of the issuer and a control person of the adviser to Gabelli Multimedia Trust Inc. (GGT).

Why does the filing mention that Mario J. Gabelli disclaims beneficial ownership of certain GGT shares?

For each related entity (GGCP, GAMCO, Associated Capital Group, Gabelli & Company Investment Advisers, and GPJ Retirement Partners), the filing notes that Mr. Gabelli has less than a 100% interest and therefore disclaims beneficial ownership of shares held by those entities that exceed his indirect pecuniary interest.

Gabelli Multimedia

NYSE:GGT

GGT Rankings

GGT Latest News

GGT Latest SEC Filings

GGT Stock Data

150.87M
33.36M
3.24%
15.01%
0.42%
Asset Management
Financial Services
Link
United States
Rye