MEGI Form 4: Saba Capital holds 5,885,858 after stock sales
NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) disclosed insider activity by 10% owner Saba Capital Management, L.P..
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Rhea-AI Filing Summary
NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) disclosed insider activity by 10% owner Saba Capital Management, L.P.. Saba reported open‑market sales of MEGI common stock: 2,100 shares at $14.13 on November 10, 2025, and 2,902 shares at $14.23 on November 11, 2025. Following these transactions, Saba beneficially owned 5,885,858 shares, held indirectly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,902 | $14.23 | $41K |
| Sale | Common Stock | 2,100 | $14.13 | $30K |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did MEGI's Form 4 report?
A 10% owner, Saba Capital Management, L.P., reported open‑market sales of MEGI common stock on November 10–11, 2025.
Who reported the transactions for MEGI (MEGI)?
Saba Capital Management, L.P., signed by Zachary Gindes and Boaz Weinstein.
Was the ownership direct or indirect?
The Form 4 lists indirect ownership for the reported holdings.
What is Saba Capital’s relationship to MEGI?
Listed as a 10% Owner of NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI).
AI-generated analysis. How Rhea-AI works. Not financial advice.