- 28 Jun 2024 Form 4 Insider Report for GABELLI UTILITY TRUST (GUT)

Reporting relationship: 10%+ Owner
Issuer ticker: GUT
Reported as of: 28 Jun 2024
Net transaction value: -$7.89
SEC form: 4
Accepted by SEC: 02 Jul 2024, 21:56:06 UTC
Prior SEC filing: 20 Dec 2024
Next SEC filing: 20 Dec 2024
Source filing: View source filing
Reporting owner signature: BANK OF AMERICA CORP /DE/ By: Its: Authorized Signatory Andres Ortiz

Key filing fact

BANK OF AMERICA CORP /DE/ filed Form 4 for GABELLI UTILITY TRUST (GUT) on 02 Jul 2024.

Key facts

This page summarizes BANK OF AMERICA CORP /DE/'s Form 4 filing for GABELLI UTILITY TRUST (GUT).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 02 Jul 2024, 21:56.

Change

Previous filing in this sequence was filed on 20 Dec 2024.
Current net transaction value: -$7.89.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GUT transaction

Series C Preferred Shares

Purchase

Transaction value: $6,245
Shares: +263
Change %
Price: $23.74^*
Shares after: 263
Date: 28 Jun 2024
Ownership: See Footnote
Footnotes: F1, F2, F3

GUT transaction

Series C Preferred Shares

Sale

Transaction value: $6,253
Shares: -263
Change %: -100%
Price: $23.78^*
Shares after: 0
Date: 28 Jun 2024
Ownership: See Footnote
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

This statement is jointly filed by Bank of America Corporation and Merrill Lynch, Pierce, Fenner & Smith Incorporated ("Merrill Lynch") (collectively, the "Reporting Persons"). Bank of America Corporation holds an indirect interest in the securities listed in this Report by virtue of its 100% ownership of its subsidiary Merrill Lynch. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that any such Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Securities Exchange Act of 1934 (the "Exchange Act"), or for any other purpose. Each reporting person is currently analyzing additional trading activity and expect to file another Form 4 as promptly as reasonably practicable once that analysis is complete.

Footnote F2

Each Reporting Person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the Exchange Act or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.

Footnote F3

Without conceding its status as a greater than 10% beneficial owner or that the reported transactions are subject to disclosure under Section 16(a) of the Exchange Act or short-swing profit recovery under Section 16(b) of the Exchange Act, the amount of profit potentially recoverable by the Issuer from the reported transactions in the event that the Reporting Persons were greater than 10% beneficial owners and the transactions were subject to Section 16(b) will be remitted to the Issuer.

SEC remarks

Exhibits Index Exhibit 99.1 - Joint Filing Agreement