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