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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Series G Cumulative Preferred Shares | 100,000 | $10.00 | $1.00M |
| Other | Series G Cumulative Preferred Shares | 500,000 | $10.00 | $5.00M |
| holding | Series G Cumulative Preferred Shares | -- | -- | -- |
Footnotes (3)
- F1. 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.
- F2. Shares were surrendered in accordance with Right to Put to the Fund up to 100% of Outstanding Series G Cumulative Preferred Shares.
- F3. The shares reported reflect the total shares owned by Associated Capital Group, Inc. (AC). Mario J. Gabelli is the Executive Chair and controlling shareholder of AC. Mr. Gabelli has less than a 100% interest in AC and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.
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.
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.