NEW GERMANY FUND (GF) Director Leoni Wolfgang Acquires 16.76 Shares

What Happened
Leoni Wolfgang, a director of New Germany Fund, acquired 16.76 shares on June 29, 2026. The shares were purchased at $11.48 each for a reported total of $192. The filing notes the shares were acquired through dividend reinvestment (transaction code J), a routine way to convert dividends into additional shares.

Key Details

• Transaction date: 2026-06-29; Price: $11.48 per share; Shares acquired: 16.76; Total value: ~$192.
• Method: Dividend reinvestment (remark on Form 4). Transaction code: J (other acquisition/disposition).
• Shares owned after the transaction: not reported in the provided filing details.
• Filing date: 2026-06-30 — filed promptly (no late filing indicated).

Context
Dividend reinvestments are common and typically routine; they increase an insider’s stake but do not necessarily indicate new bullish conviction. The dollar amount here is small, so this is likely administrative rather than a market signal.