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 August 11, 2026.
Summary
- Open-market purchase: acquired 4,758 Common Stock at $11.59 ($55,145) on August 11, 2026; holds 3,677,879 after (Indirect).
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a bullish signal: an insider made an open-market purchase of $55,145, committing personal capital to the stock.
Insider Transactions
Saba Capital Management, L.P. — 10% owner
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-11 | Open-market purchase | Common Stock | 4,758 | $12 | $55.1K | 3,677,879 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-11 | Open-market purchase (4,758 shares) |
Keywords
insider transaction, Form 4, GF, NEW GERMANY FUND INC, bullish, Saba Capital Management, L.P.
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