Saba Capital boosts NEW GERMANY FUND (GF) stake with 43,687-share buy

Rhea-AI Filing Summary

Saba Capital Management, L.P., a ten percent owner of NEW GERMANY FUND INC, reported open-market purchases of common stock. The firm bought 37,087 shares on July 2, 2026 and 6,600 shares on July 6, 2026 at $11.60 per share, bringing its indirect holdings to 3,646,502 shares.

Insider Trade Summary

Net Buyer: 43,687 shares ($506,769)

Net Buy 2 txns

Insider Saba Capital Management, L.P.

Role null

Bought 43,687 shs ($507K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	6,600	$11.60	$77K
Purchase	Common Stock	37,087	$11.60	$430K

Holdings After Transaction: Common Stock — 3,646,502 shares (Indirect, -)

Footnotes (1)

Key Figures

Shares bought July 2, 2026: 37,087 shares Shares bought July 6, 2026: 6,600 shares Total shares bought: 43,687 shares +3 more

6 metrics

Shares bought July 2, 2026 37,087 shares Open-market purchase of common stock at $11.60

Shares bought July 6, 2026 6,600 shares Open-market purchase of common stock at $11.60

Total shares bought 43,687 shares Net-buy shares in reported period

Price per share $11.60 per share Purchase price for both transactions

Holdings after trades 3,646,502 shares Indirect common stock position after July 6, 2026

Net-buy direction 43,687 shares net buy Form 4 transaction summary

Key Terms

open-market purchase, ten percent owner, indirect ownership, non-derivative

4 terms

open-market purchase financial

"transaction_action: open-market purchase"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

ten percent owner regulatory

"is_ten_percent_owner: 1"

indirect ownership financial

"ownership_type: indirect"

non-derivative financial

"transaction_type: non-derivative"

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/07/2026 - 01:37 PM Accepted by SEC EDGAR 07/07/2026 - 01:36 PM Learn about SEC filing dates

FAQ

What insider transactions did Saba Capital report for NEW GERMANY FUND INC (GF)?

Saba Capital reported two open-market purchases of NEW GERMANY FUND INC common stock, totaling 43,687 shares. These trades occurred on July 2 and July 6, 2026 at $11.60 per share, increasing its reported indirect ownership stake.

How many NEW GERMANY FUND INC (GF) shares did Saba Capital buy on July 2, 2026?

On July 2, 2026, Saba Capital bought 37,087 shares of NEW GERMANY FUND INC common stock. The transaction was an open-market purchase at a price of $11.60 per share, classified as a non-derivative acquisition of common stock.

What was Saba Capital’s NEW GERMANY FUND INC (GF) position after these Form 4 purchases?

After the reported trades, Saba Capital’s indirect holdings in NEW GERMANY FUND INC common stock totaled 3,646,502 shares. This figure reflects the position following the July 6, 2026 purchase and is reported as indirect ownership on the Form 4.

Were Saba Capital’s NEW GERMANY FUND INC (GF) trades open-market purchases?

Yes. Both transactions were classified as open-market purchases of NEW GERMANY FUND INC common stock. The Form 4 uses transaction code P, described as a purchase in an open market or private transaction, at a price of $11.60 per share.

Does Saba Capital’s Form 4 for NEW GERMANY FUND INC (GF) show any stock sales?

No. The Form 4 only reports net-buy activity for NEW GERMANY FUND INC. It shows two purchase transactions totaling 43,687 shares and indicates zero sales, gifts, tax withholdings, or derivative exercises in the summarized period.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Saba Capital Management, L.P.

(Last) (First) (Middle)

405 LEXINGTON AVENUE

58TH FLOOR

(Street)

NEW YORK NEW YORK 10174

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NEW GERMANY FUND INC [ GF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/02/2026		P		37,087	A	$11.6	3,639,902	I	-
Common Stock	07/06/2026		P		6,600	A	$11.6	3,646,502	I	-

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	Saba Capital Management, L.P. By: Zachary Gindes	07/07/2026
	Boaz Weinstein	07/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)