Form 4: New Germany Fund Insider Buys Shares
Insider Transaction (Form 4)
Saba Capital Management, L.P. reported changes in beneficial ownership of New Germany Fund Inc common stock on September 15, 2026.
Summary
- Open-market purchase: acquired 3,306 Common Stock at $10.92 ($36,102) on September 15, 2026; holds 3,690,090 after (Indirect).
- Open-market purchase: acquired 1,534 Common Stock at $10.88 ($16,690) on September 16, 2026; holds 3,691,624 after (Indirect).
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a bullish signal: an insider made an open-market purchase of $52,791, committing personal capital to the stock.
Insider Transactions
Saba Capital Management, L.P. — 10% owner
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-15 | Open-market purchase | Common Stock | 3,306 | $11 | $36.1K | 3,690,090 |
| 2026-09-16 | Open-market purchase | Common Stock | 1,534 | $11 | $16.7K | 3,691,624 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-15 | Open-market purchase (3,306 shares) |
| 2026-09-16 | Open-market purchase (1,534 shares) |
Keywords
insider transaction, Form 4, GF, NEW GERMANY FUND INC, bullish, Saba Capital Management, L.P.
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