Gabelli Multimedia Trust (NYSE: GGT) director Mario Gabelli discloses 4,000-share sale

Rhea-AI Filing Summary

Gabelli Multimedia Trust Inc. (GGT) director and adviser control person Mario J. Gabelli reported small open-market sales of the fund’s common stock. On December 9, 2025, an affiliated entity sold 2,000 shares at an average price of $4.1817 per share, followed by another 2,000-share sale on December 10, 2025 at $4.18 per share. After these sales, Gabelli reports indirect ownership of 1,156,396 shares through GGCP, Inc., plus additional indirect holdings including 31,000 shares via GAMCO Investors, Inc., 432,582 shares via Associated Capital Group, Inc., and smaller positions through other related entities, as well as 1,020,654 shares held directly. The filing notes that any Section 16 disgorgement from this sale will be paid to the issuer and that Gabelli disclaims beneficial ownership of shares beyond his indirect pecuniary interest.

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

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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 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)

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		2,000	D	$4.1817(1)	1,158,396	I	GGCP, Inc.(2)
Common Stock, Par Value $0.001	12/10/2025		S		2,000	D	$4.18(1)	1,156,396	I	GGCP, Inc.(2)
Common Stock, Par Value $0.001								31,000	I	GAMCO Investors, Inc.(3)
Common Stock, Par Value $0.001								432,582	I	Associated Capital Group, Inc.(4)
Common Stock, Par Value $0.001								2,918	I	Gabelli & Company Investment Advisers, Inc.(5)
Common Stock, Par Value $0.001								33,500	I	GPJ Retirement Partners(6)
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. 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.

2. 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.

3. 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.

4. 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.

5. 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.

6. 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	12/11/2025
	** 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.
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FAQ

What insider transaction did Mario J. Gabelli report for GGT?

Mario J. Gabelli reported two small open-market sales of Gabelli Multimedia Trust Inc. (GGT) common stock: 2,000 shares on December 9, 2025 and 2,000 shares on December 10, 2025.

At what prices were the recent GGT insider share sales executed?

The reported sales of GGT common stock were executed at average prices of $4.1817 per share on December 9, 2025 and $4.18 per share on December 10, 2025.

How many GGT shares does Mario J. Gabelli report owning after these transactions?

Following the transactions, Gabelli reports 1,156,396 shares indirectly via GGCP, Inc., plus other indirect holdings including 31,000 shares through GAMCO Investors, Inc., 432,582 shares via Associated Capital Group, Inc., and smaller positions through additional entities, along with 1,020,654 shares held directly.

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

Mario J. Gabelli is reported as a director of Gabelli Multimedia Trust Inc. and an other control person of the adviser, reflecting his roles in related advisory entities.

How will disgorgement from the reported GGT sale be handled?

The disclosure states that disgorgement will be paid to the issuer for this sale by the seller under Section 16, based on the sale price and Gabelli’s pecuniary interest in the selling entity.

Why does Mario J. Gabelli disclaim beneficial ownership of some GGT shares?

For each affiliated entity, Gabelli notes he has less than a 100% interest and disclaims beneficial ownership of shares held by those entities that exceed his indirect pecuniary interest.

Which entities hold GGT shares associated with Mario J. Gabelli?

Reported holders include GGCP, Inc., GAMCO Investors, Inc., Associated Capital Group, Inc., Gabelli & Company Investment Advisers, Inc., and GPJ Retirement Partners, LLC, in addition to Gabelli’s direct holdings.