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 17, 2026.
Summary
- Open-market purchase: acquired 1,258 Common Stock at $11.10 ($13,964) on September 17, 2026; holds 3,692,882 after (Indirect).
- Open-market purchase: acquired 14,185 Common Stock at $10.82 ($153,482) on September 18, 2026; holds 3,707,067 after (Indirect).
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a bullish signal: an insider made an open-market purchase of $167,446, committing personal capital to the stock.
Insider Transactions
Saba Capital Management, L.P. — 10% owner
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-17 | Open-market purchase | Common Stock | 1,258 | $11 | $14.0K | 3,692,882 |
| 2026-09-18 | Open-market purchase | Common Stock | 14,185 | $11 | $153.5K | 3,707,067 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-17 | Open-market purchase (1,258 shares) |
| 2026-09-18 | Open-market purchase (14,185 shares) |
Keywords
insider transaction, Form 4, GF, NEW GERMANY FUND INC, bullish, Saba Capital Management, L.P.
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