Form 4: UBS Group AG Reports Indirect Acquisition of Gabelli Dividend & Income Trust Auction Preferred Stock
SEC Form 4 Filing
UBS Group AG reports an indirect acquisition of Auction Preferred Stock in Gabelli Dividend & Income Trust through its subsidiaries.
Summary
- UBS Group AG filed a Form 4 indicating changes in beneficial ownership of Gabelli Dividend & Income Trust (GDV) securities.
- The report details the indirect acquisition of Auction Preferred Stock by UBS subsidiaries.
- On June 26, 2024, UBS acquired 19 shares of Auction Preferred Stock at a price of $25,000.
- These shares are held indirectly by a subsidiary of UBS Group AG.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by insiders and major shareholders, providing transparency to the market.
Stakeholder Impact
- The filing provides transparency to shareholders regarding changes in ownership.
Key Dates
| Date | Description |
|---|---|
| 06/26/2024 | Date of transaction: Acquisition of Auction Preferred Stock |
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