David I. Schachter
Net Worth

Last updated:

What is David I. Schachter net worth?

The estimated net worth of Mr. David I. Schachter is at least $1,916,435 as of 12 Sep 2025. He owns shares worth $2,235 as insider, has earned $4,200 from insider trading and has received compensation worth at least $1,910,000 in companies like GAMCO Global Gold, Natural Resources & Income Trust, The Gabelli Utility Trust, The Gabelli Global Utility & Income Trust etc.

What is the salary of David I. Schachter?

Mr. David I. Schachter salary is $80,000 per year as Vice President in The Gabelli Utility Trust. He also receives $75,000 as Vice President in GAMCO Global Gold, Natural Resources & Income Trust and salaries from other companies.

How old is David I. Schachter?

Mr. David I. Schachter is 72 years old, born in 1953.

What stocks does David I. Schachter currently own?

As insider, Mr. David I. Schachter owns shares in one company:

Company Title Shares Price per share Total value
The Gabelli Utility Trust (GUT) Vice President 375 $5.96 $2,235

What does The Gabelli Utility Trust do?

The Gabelli Utility Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets across the globe. It makes its investments in stocks of companies providing products, services, or equipment for the generation or distribution of electricity, gas, water, telecommunications services, and infrastructure operations. The fund invests in stocks of companies across market capitalization. It benchmarks the performance of its portfolio against S&P 500 Utilities Index, Lipper Utility Fund Average, and S&P 500 Index. The Gabelli Utility Trust was formed on July 9, 1999 and is domiciled in United States.

GUT logo
GUT
The Gabelli Utility Trust
$5.96

David I. Schachter insider trading

The Gabelli Utility Trust

Mr. David I. Schachter has made 2 insider trades between 2003-2004, according to the Form 4 filled with the SEC. Most recently he purchased 75 units of GUT stock worth $525 on 26 Nov 2004.

The largest trade he's ever made was exercising 300 units of GUT stock on 24 Sep 2003. As of 12 Sep 2025 he still owns at least 375 units of GUT stock.

Transaction Date Security Shares Price per share Total value Source
Purchase
Common Stock 75 $7 $525
Purchase
Gabelli Utility Trust 33 $7 $231
Sale
Common Stock Purchase Rights 300 $7 $2,100
Sale
Common Stock Purchase Rights 300 $7 $2,100

GAMCO Global Gold, Natural Resources & Income Trust key executives

GAMCO Global Gold, Natural Resources & Income Trust executives and other stock owners filed with the SEC:

  • Mr. Bruce N. Alpert CPA, CPA Executive Vice President & Chief Operating Officer
  • Mr. Caesar M. P. Bryan L.L.B. Portfolio Mang.
  • Mr. David I. Schachter (72) Vice President
  • Mr. Mario Joseph Gabelli C.F.A., CFA Portfolio Mang.
  • Mr. Vincent Hugonnard-Roche Portfolio Mang.
  • Ms. Agnes Nora Mullady Pres & Chief Operating Officer of the Open-End Fund Division & Vice President
  • Ms. Barbara G. Marcin CFA Portfolio Mang.
  • Ms. Laurissa M. Martire Vice President and Ombudsman
  • Ms. Molly A.F. Marion (71) N