New Germany Fund Inc: 10% owner Saba Capital bought 3,685 shares

What happened Saba Capital Management, L.P., listed as a 10% owner, purchased 585 shares at $10.28 on Oct 9, 2026 for $6,014 and 3,100 shares at $10.32 on Oct 12, 2026 for $31,992, a total of 3,685 shares for $38,006. The Form 4 was filed on Oct 14, 2026 (period of report Oct 9, 2026; accession 0001510281-26-000344).

Key details

• Transaction dates and prices: Oct 9, 2026 — 585 shares at $10.28 ($6,014); Oct 12, 2026 — 3,100 shares at $10.32 ($31,992).
• Shares owned after the transaction: not reported in the provided filing summary.
• Transaction code: P (purchase). No 10b5-1 plan, tax withholding, or other footnotes noted in the provided information.
• Filing timeliness: not indicated in the provided summary.

Why it may matter

• Saba Capital Management, L.P. is a 10% owner, which denotes a large holder rather than an executive officer.
• These were market purchases (transaction code P), not gifts or option exercises.
• This filing does not show why the insider traded or why the company acted.