Saba Capital Buys 11,330 Shares of GRX at $9.48
Saba Capital Management, L.P. and reporting person Boaz Weinstein reported an acquisition of Common Stock of Gabelli Healthcare & WellnessRx Trust (GRX).
Rhea-AI Filing Summary
Saba Capital Management, L.P. and reporting person Boaz Weinstein reported an acquisition of Common Stock of Gabelli Healthcare & WellnessRx Trust (GRX). On 08/25/2025 they purchased 11,330 shares at $9.48 per share, and the filing shows 2,037,156 shares beneficially owned indirectly following the transaction. The Form 4 is signed and dated 08/26/2025 by Saba Capital and Boaz Weinstein.
Positive
- None.
Negative
- None.
Insights
TL;DR: Reporting persons purchased 11,330 GRX shares at $9.48, increasing indirect holdings to 2,037,156 shares.
The Form 4 documents a straightforward open-market purchase by Saba Capital Management, L.P. with Boaz Weinstein listed as a reporting person. The transaction date is 08/25/2025 and the reported post-transaction beneficial ownership is 2,037,156 shares held indirectly. The filing contains no additional financial metrics, option exercises, or derivative positions.
TL;DR: Insider purchase disclosed; filers are identified as director and 10% owner with indirect ownership reported.
The disclosure identifies the reporting parties as a director and as a 10% owner and shows the mechanics of the transaction (purchase code P). The Form 4 is properly signed. No amendments, derivative holdings, or changes to control are disclosed in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 11,330 | $9.48 | $107K |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction was reported for GRX in this Form 4?
Who filed the Form 4 for GRX?
When was the Form 4 signed?
AI-generated analysis. How Rhea-AI works. Not financial advice.