Gabelli Healthcare holder Saba buys 500 shares
Rhea-AI Filing Summary
Gabelli Healthcare & WellnessRx Trust (GRX) reported that major shareholder Saba Capital Management, L.P., a ten percent owner, purchased 500 shares of common stock on September 3, 2026, at $10.08 per share in an open-market or private transaction, held indirectly. Following this trade, Saba Capital’s reported indirect holdings rose to 2,155,633 shares. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 500 shares
Net Buy
1 txn
Insider
Saba Capital Management, L.P.
Role
10% Owner
Bought
500 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 500 | $10.08 | $5K |
Holdings After Transaction:
Common Stock — 2,155,633 shares (Indirect, -)
Key Figures
Shares purchased: 500 shares
Purchase price per share: $10.08 per share
Total shares held after transaction: 2,155,633 shares
3 metrics
Shares purchased
500 shares
Common stock bought on September 3, 2026
Purchase price per share
$10.08 per share
Price paid for GRX common stock on September 3, 2026
Total shares held after transaction
2,155,633 shares
Indirect GRX common stock holdings by Saba Capital Management after the purchase
Key Terms
ten percent owner, indirect, open market or private transaction
3 terms
ten percent owner regulatory
"Saba Capital Management, L.P. is identified as a ten percent owner"
indirect regulatory
"The ownership type for this position is reported as indirect"
open market or private transaction financial
"The purchase is described as in an open market or private transaction"
FAQ
What insider transaction did GRX disclose from Saba Capital Management?
GRX disclosed that Saba Capital Management, L.P., a ten percent owner, purchased 500 shares of common stock on September 3, 2026 in an open-market or private transaction at a reported price of $10.08 per share, held indirectly.
Is Saba Capital’s GRX transaction under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote indicating a trading plan, so the September 3, 2026 purchase is not reported as being made under a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.