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 1, 2026.
Summary
- Open-market purchase: acquired 905 Common Stock at $11.40 ($10,317) on September 1, 2026; holds 3,679,084 after (Indirect).
- Open-market purchase: acquired 2,000 Common Stock at $11.48 ($22,960) on September 2, 2026; holds 3,681,084 after (Indirect).
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a bullish signal: an insider made an open-market purchase of $33,277, committing personal capital to the stock.
Insider Transactions
Saba Capital Management, L.P. — 10% owner
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-01 | Open-market purchase | Common Stock | 905 | $11 | $10.3K | 3,679,084 |
| 2026-09-02 | Open-market purchase | Common Stock | 2,000 | $11 | $23.0K | 3,681,084 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-01 | Open-market purchase (905 shares) |
| 2026-09-02 | Open-market purchase (2,000 shares) |
Keywords
insider transaction, Form 4, GF, NEW GERMANY FUND INC, bullish, Saba Capital Management, L.P.
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