Form 4: Gabelli's Mario J. Gabelli Buys More GRX Shares

Mario J. Gabelli, a director and control person of the adviser, increased his direct beneficial ownership in Gabelli Healthcare & WellnessRx Trust by purchasing 2,500 common shares.

Summary

• Mario J. Gabelli, a Director and Control Person of the Adviser for Gabelli Healthcare & WellnessRx Trust (GRX), acquired additional common shares.
• On December 3, 2025, Mr. Gabelli purchased 2,500 common shares at a price of $9.6877 per share.
• Following this transaction, Mr. Gabelli directly beneficially owns 239,425 common shares.
• He also indirectly beneficially owns 312,226 shares through GGCP, Inc., 8,000 shares through Associated Capital Group, Inc., 6,380 shares through GPJ Retirement Partners, LLC, and 3,000 shares through a trust account.
• Mr. Gabelli disclaims beneficial ownership of shares held by entities where he has less than a 100% interest, in excess of his indirect pecuniary interest.

Sentiment

Score: 7

Explanation: The purchase of shares by a key insider, Mario J. Gabelli, indicates confidence in the company's valuation and future performance, which is generally a positive signal for investors.

Positives

• Insider buying by a key figure (Director and Control Person of Adviser) signals confidence in the company's future prospects.
• The purchase increases direct beneficial ownership, aligning management's interests further with shareholders.

Negatives

• The transaction size of 2,500 shares is relatively small compared to Mr. Gabelli's total direct and indirect holdings, suggesting a modest increase in exposure.

Related Party Transactions

• Mario J. Gabelli's indirect beneficial ownership includes shares held by GGCP, Inc., where he is CEO, director, and controlling shareholder.
• Indirect beneficial ownership also includes shares held by Associated Capital Group, Inc. (ACG), where he is Executive Chair and controlling shareholder.
• Further indirect holdings are through GPJ Retirement Partners, LLC, and a trust account established by Mr. Gabelli.
• Mr. Gabelli disclaims beneficial ownership of shares held by these entities in excess of his indirect pecuniary interest.

Stakeholder Impact

• Shareholders: The insider purchase may instill greater confidence among existing and potential shareholders, signaling management's belief in the company's value.
• Management: The increased direct ownership further aligns Mr. Gabelli's financial interests with the long-term performance of the trust.

Key Dates

Recommendation

The insider purchase by Mario J. Gabelli, a significant figure within Gabelli Healthcare & WellnessRx Trust, is a positive signal indicating management's confidence. While the transaction size is modest, insider buying generally suggests a belief that the stock is undervalued or poised for future growth. This action supports a 'hold' recommendation, as it reinforces the investment thesis without providing new fundamental data to warrant a stronger 'buy' or 'sell' action based solely on this filing.

Keywords

Gabelli Healthcare & WellnessRx Trust, GRX, Mario J. Gabelli, Insider Trading, Form 4, Share Purchase, Beneficial Ownership, Investment Trust, Healthcare Investment