GDL · Insider Trading

The GDL Fund

Every open-market purchase and sale reported by GDL officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Form 4 Filings
50
most recent
Open-Market Buys
26
code P
Sales
17
code S
Reporting Insiders
2
current holders
GDL — Recent Form 4 Transactions (latest 2026-02-24)
FiledInsiderRole TypeSharesValue
2026-02-24 Mario J Gabelli Director Sell −800 −$6.82K
2026-01-13 Mario J Gabelli Director Sell −800 −$6.71K
2025-04-22 Michael J Melarkey Director J −3,038 −$151.90K
2024-11-27 Mario J Gabelli Director Sell −2,500 −$20.10K
2024-09-03 Mario J Gabelli Director Sell −307 −$2.48K
2024-03-28 Mario J Gabelli Director J −990,000 −$9.90M
2024-02-23 John Chester Ball President & Treasurer Buy +32 +$253
2023-12-13 Mario J Gabelli Director Sell −2,000 −$16.02K
2023-08-08 Mario J Gabelli Director Buy +120 +$952
2023-08-01 Mario J Gabelli Director Buy +500 +$3.97K
2023-04-18 Mario J Gabelli Director Sell −2,000 −$15.70K
2023-03-28 Mario J Gabelli Director J −250,000 −$2.50M
2023-02-16 Mario J Gabelli Director Buy +2,000 +$16.24K
2022-10-26 Mario J Gabelli Director Buy +221 +$1.77K
2022-10-19 Mario J Gabelli Director MIXED — —
2022-10-11 Mario J Gabelli Director Buy +1,200 +$9.47K
2022-10-05 Mario J Gabelli Director Buy +2,906 +$23.25K
2022-07-20 Mario J Gabelli Director Buy +900 +$7.42K
2022-03-30 Mario J Gabelli Director Buy +1,240,000 +$12.40M
2022-02-18 Agnes Mullady Director Buy +150 +$1.30K
2021-10-26 Mario J Gabelli Director Sell −3,591 −$32.29K
2021-10-04 Mario J Gabelli Director Sell −7,407 −$66.44K
2021-02-18 Mario J Gabelli Director Buy +3,500 +$31.43K
2021-02-05 Mario J Gabelli Director MIXED −2,343,708 +$55.27K
2021-02-01 Mario J Gabelli Director MIXED −2,343,708 +$55.27K
2020-12-08 Mario J Gabelli Director Buy +2,400 +$21.01K
2020-07-17 Mario J Gabelli Director Buy +1,870 +$6.19K
2020-05-27 Mario J Gabelli Director Buy +10,987 +$91.29K
2020-05-12 Mario J Gabelli Director Buy +4,959 +$40.52K
2020-05-08 Mario J Gabelli Director Buy +6,659 +$54.12K
2020-05-06 Mario J Gabelli Director Buy +7,002 +$56.47K
2020-04-22 James P Conn Director Buy +1,000 +$7.91K
2020-03-30 Mario J Gabelli Director J −256,000 −$12.80M
2020-03-11 Mario J Gabelli Director Sell −7,400 −$378.73K
2020-01-08 Mario J Gabelli Director Sell −741 −$37.69K
2019-12-27 Mario J Gabelli Director Buy +4,700 +$43.58K
2019-11-01 Mario J Gabelli Director Sell −1,000 −$9.19K
2019-09-10 James P Conn Director Sell −2,996 −$27.57K
2019-09-03 James P Conn Director Sell −11,004 −$101.91K
2018-12-17 Mario J Gabelli Director Buy +800 +$7.33K
2018-12-13 Mario J Gabelli Director Buy +4,781 +$43.83K
2018-10-29 Mario J Gabelli Director Buy +58,904 +$526.14K
2018-10-26 Mario J Gabelli Director Buy +67,754 +$601.94K
2018-09-10 Mario J Gabelli Director Sell −337 −$17.60K
2018-07-19 Mario J Gabelli Director Sell −268 −$14.02K
2018-05-23 Mario J Gabelli Director Sell −807 −$42.13K
2018-05-14 Mario J Gabelli Director Buy +2,007,700 +$20.07M
2018-05-10 Mario J Gabelli Director Buy +10,619 +$99.08K
2018-05-08 Mario J Gabelli Director Buy +9,090 +$85.09K
2018-05-04 Mario J Gabelli Director Sell −536 −$27.87K
GDL — Current Insider Holders
InsiderRole Shares HeldValue
Mario J Gabelli Director 4,594,613 $38.18M
Michael J Melarkey Director 6,977 $57.98K
GDL Insider Trading FAQ
Who are the insiders at GDL?
2 officers, directors and 10%+ beneficial owners currently report holdings in GDL via SEC Form 4.
Are GDL insiders buying or selling?
Across the 50 most recent Form 4 filings for GDL, 26 were open-market purchases (code P) and 17 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.
How current is GDL insider data?
Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent GDL filing is dated 2026-02-24.
How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the GDL quote page; the site-wide leaderboard is on the insider transactions hub.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.