New Germany Fund Inc: 10% owner Saba Capital bought 5,340 shares

What happened Saba Capital Management, L.P., a 10% owner, purchased 3,678 shares at $10.27 on Oct 13, 2026 for $37,773 and purchased 1,662 shares at $10.25 on Oct 14, 2026 for $17,036, a total of 5,340 shares for $54,809.

Key details

• Oct 13, 2026 — purchased 3,678 shares at $10.27 for $37,773 (transaction code P).
• Oct 14, 2026 — purchased 1,662 shares at $10.25 for $17,036 (transaction code P).
• Shares owned after the transactions: the Form 4 does not report total beneficial ownership following these purchases.
• Footnotes/plans: the filing reports purchases (open market or private) and does not disclose a 10b5-1 plan or other footnotes.
• Filing date and period: filed Oct 15, 2026; period of report Oct 13, 2026.

Why it may matter

• These were purchases (transaction code P), not option exercises or gifts.
• Saba Capital Management, L.P. is reported as a 10% owner, indicating a non-executive large holder.

A filing does not show why the insider traded or why the company acted.