Flannery Fiona 4

What Happened Fiona Flannery, a director of New Germany Fund Inc. (ticker: GF), acquired 11.82 shares on June 29, 2026. The shares were purchased at $11.48 per share for a total of approximately $136. The filing lists the transaction as an "other acquisition" (code J) and the remarks state the shares were acquired through dividend reinvestment (DRIP). This is a purchase (acquisition) and is typically a routine way for insiders to grow holdings using dividends.

Key Details

• Transaction date: 2026-06-29
• Transaction type/code: Other acquisition (J) — dividend reinvestment noted in remarks
• Price per share: $11.48
• Shares acquired: 11.82
• Total value: ~$136
• Shares owned after the transaction: Not specified in the filing
• Filing date: 2026-06-30 — appears timely (not marked late)

Context Dividend reinvestment plans (DRIPs) convert cash dividends into additional shares and are common, routine insider acquisitions that do not necessarily signal new investment decisions. This was a small, routine reinvestment by a company director rather than a large open-market purchase.