GRX 10% owner increases stake with consecutive open‑market purchases
Rhea-AI Filing Summary
Gabelli Healthcare & WellnessRx Trust (GRX) reported insider activity by a 10% owner. An affiliated holder purchased common stock on two consecutive days, indicating additional accumulation.
On 10/16/2025, the holder bought 3,520 shares at $9.18. On 10/17/2025, they bought 5,816 shares at $9.20. Following these transactions, the filer reported 2,060,371 shares beneficially owned on an indirect basis. The filing is signed for Saba Capital Management, L.P. by Zachary Gindes, with Boaz Weinstein also listed.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,336 shares
Net Buy
2 txns
Insider
Saba Capital Management, L.P.
Role
10% Owner
Bought
9,336 shs ($86K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,816 | $9.20 | $54K |
| Purchase | Common Stock | 3,520 | $9.18 | $32K |
Holdings After Transaction:
Common Stock — 2,060,371 shares (Indirect, -)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did GRX report?
A 10% owner reported open‑market purchases of GRX common stock on two dates, increasing indirect beneficial ownership to 2,060,371 shares.
What is the filer’s relationship to GRX?
The reporting person is identified as a 10% Owner.
Is the ownership direct or indirect after the trades?
The filing shows indirect ownership, with 2,060,371 shares beneficially owned after the reported transactions.