Mario Gabelli (NYSE: GRX) Discloses Series G Preferred Share Trades
Rhea-AI Filing Summary
Mario J. Gabelli reported insider transactions in Gabelli Healthcare & WellnessRx Trust Series G Cumulative Preferred Shares. On 12/26/2025, affiliates recorded a purchase of 100,000 Series G shares at $10 per share through GAMCO Investors, Inc., bringing GAMCO’s indirectly held amount to 500,000 shares. On the same date, 500,000 Series G shares were surrendered at $10 per share by Associated Capital Group, Inc. in connection with a right to put up to 100% of the outstanding Series G preferred shares to the fund, after which AC was shown with 1,500,000 shares. The filing notes Gabelli is a director, 10% owner, and control person of the adviser, and that he disclaims beneficial ownership beyond his indirect pecuniary interest in both GAMCO and AC holdings.
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FAQ
What insider transactions did Mario J. Gabelli report for GRX on 12/26/2025?
The filing reports a purchase of 100,000 Series G Cumulative Preferred Shares of Gabelli Healthcare & WellnessRx Trust (GRX) at $10 per share through GAMCO Investors, Inc., and a surrender of 500,000 Series G shares at $10 per share by Associated Capital Group, Inc. under a put right.
How many GRX Series G preferred shares are indirectly owned after the reported transactions?
After the reported transactions, GAMCO Investors, Inc. is shown with 500,000 Series G Cumulative Preferred Shares, and Associated Capital Group, Inc. is shown with 1,500,000 Series G shares, all reported as indirect holdings for Mario J. Gabelli.
What is the nature of Mario J. Gabellis relationship to Gabelli Healthcare & WellnessRx Trust (GRX)?
The filing identifies Mario J. Gabelli as a director, a 10% owner, and a control person of the adviser to Gabelli Healthcare & WellnessRx Trust.
What does the put right mentioned in the GRX Form 4 involve?
The explanation states that 500,000 Series G Cumulative Preferred Shares were surrendered in accordance with a Right to Put to the Fund up to 100% of Outstanding Series G Cumulative Preferred Shares.
How does Mario J. Gabelli describe his beneficial ownership of GAMCO and AC GRX shares?
The filing explains that Mario J. Gabelli is the controlling shareholder of both GAMCO Investors, Inc. and Associated Capital Group, Inc. but has less than a 100% interest in each and disclaims beneficial ownership of shares held by them that exceed his indirect pecuniary interest.
Were the GRX insider transactions reported as direct or indirect holdings?
All reported positions in the Series G Cumulative Preferred Shares are listed as indirect holdings, attributed through GAMCO Investors, Inc. and Associated Capital Group, Inc. rather than as directly owned by Mario J. Gabelli.