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GABELLI MULTIMEDIA TRUST (GGT) director discloses sale of 9,000 shares

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Mario J. Gabelli, a director and control person of an adviser to GABELLI MULTIMEDIA TRUST INC. (GGT), reported selling 9,000 shares of common stock at $4.2 per share on 12/11/2025.

After this sale, he reports 1,133,396 shares held indirectly through GGCP, Inc. and 1,020,654 shares held directly, plus additional indirect holdings through GAMCO Investors, Inc., Associated Capital Group, Inc., Gabelli & Company Investment Advisers, Inc., and GPJ Retirement Partners.

The disclosure notes that disgorgement related to this sale will be paid to GABELLI MULTIMEDIA TRUST INC. under Section 16, based on the sale price and his pecuniary interest, and that he disclaims beneficial ownership of shares held by the various entities beyond his indirect economic interest.

Positive

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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)
12/11/2025
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 12/11/2025 S 9,000 D $4.2(1) 1,133,396 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 12/15/2025
** 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 insider transaction did Mario J. Gabelli report for GGT?

Mario J. Gabelli reported the sale of 9,000 shares of GABELLI MULTIMEDIA TRUST INC. (GGT) common stock, par value $0.001 per share.

When and at what price were the GABELLI MULTIMEDIA TRUST (GGT) shares sold?

The reported sale occurred on 12/11/2025 at a price of $4.2 per share.

How many GGT shares does Mario J. Gabelli beneficially own after this transaction?

After the sale, he reports 1,020,654 shares held directly and 1,133,396 shares held indirectly through GGCP, Inc., along with additional indirect holdings through GAMCO Investors, Inc., Associated Capital Group, Inc., Gabelli & Company Investment Advisers, Inc., and GPJ Retirement Partners.

What is Mario J. Gabelli’s relationship to GABELLI MULTIMEDIA TRUST INC. (GGT)?

He is a director of GABELLI MULTIMEDIA TRUST INC. and is also identified as an other: Control Person of Adviser to the issuer.

What does the disgorgement note mean in Mario J. Gabelli’s GGT insider report?

The explanation states that disgorgement will be paid to GABELLI MULTIMEDIA TRUST INC. for this sale under Section 16, based on the sale price and Mario J. Gabelli’s pecuniary interest in the selling entity.

How does Mario J. Gabelli describe his beneficial ownership of GGT shares held through affiliated entities?

For shares held by GGCP, Inc., GAMCO Investors, Inc., Associated Capital Group, Inc., Gabelli & Company Investment Advisers, Inc., and GPJ Retirement Partners, he notes that he has less than a 100% interest in these entities and disclaims beneficial ownership of shares beyond his indirect pecuniary interest.

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148.36M
33.36M
3.24%
15.01%
0.42%
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United States
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