X0508 4 2024-06-25 0001642122 Associated Capital Group, Inc. AC 0001233348 GABELLI MARC ONE CORPORATE CENTER RYE NY 10580 true false Class A Common Stock 20766 D Phantom RSA 0 2024-06-25 4 A 0 10000 34.28 A Class A Common Stock 10000 10000 D Class B Common Stock Class A Common Stock 81018 D Each phantom RSA represents the right to receive the cash value of one share of Associated Capital Group, Inc. Class A common stock. Phantom RSAs are awarded pursuant to the Issuer's Stock Award and Incentive Plan and are payable in cash upon vesting. Thirty percent of these phantom RSAs vest after three years from the date of the award and the remaining seventy percent vest after five years from the date of the award. The Class B Common Stock of the Issuer is convertible at the option of the holder on a one-for-one basis into Class A Common Stock of the Issuer and has no expiration date. /s/ Marc Gabelli 2024-08-13