Form 4: New Germany Fund Insider Reports Stock Transaction
Insider Transaction (Form 4)
Saba Capital Management, L.P. reported changes in beneficial ownership of New Germany Fund Inc common stock on September 22, 2026.
Summary
- Open-market sale: disposed of 12,336 Common Stock at $10.95 ($135,079) on September 22, 2026; holds 3,693,801 after (Indirect).
- Open-market purchase: acquired 4,657 Common Stock at $10.85 ($50,528) on September 23, 2026; holds 3,698,458 after (Indirect).
Sentiment
Score: 4
Explanation: StockSavvy.ai notes net insider selling of $84,551 across mixed open-market transactions.
Insider Transactions
Saba Capital Management, L.P. — 10% owner
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-22 | Open-market sale | Common Stock | 12,336 | $11 | $135.1K | 3,693,801 |
| 2026-09-23 | Open-market purchase | Common Stock | 4,657 | $11 | $50.5K | 3,698,458 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-22 | Open-market sale (12,336 shares) |
| 2026-09-23 | Open-market purchase (4,657 shares) |
Keywords
insider transaction, Form 4, GF, NEW GERMANY FUND INC, net selling, Saba Capital Management, L.P.
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