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 October 13, 2026.
Summary
- Open-market purchase: acquired 3,678 Common Stock at $10.27 ($37,773) on October 13, 2026; holds 3,757,760 after (Indirect).
- Open-market purchase: acquired 1,662 Common Stock at $10.25 ($17,036) on October 14, 2026; holds 3,759,422 after (Indirect).
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a bullish signal: an insider made an open-market purchase of $54,809, committing personal capital to the stock.
Insider Transactions
Saba Capital Management, L.P. — 10% owner
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-10-13 | Open-market purchase | Common Stock | 3,678 | $10 | $37.8K | 3,757,760 |
| 2026-10-14 | Open-market purchase | Common Stock | 1,662 | $10 | $17.0K | 3,759,422 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-13 | Open-market purchase (3,678 shares) |
| 2026-10-14 | Open-market purchase (1,662 shares) |
Keywords
insider transaction, Form 4, GF, NEW GERMANY FUND INC, bullish, Saba Capital Management, L.P.
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