Saba Capital sells MEGI shares in Form 4
Saba Capital Management, L.P., a 10% owner of NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI), reported an insider sale of common stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Saba Capital Management, L.P., a 10% owner of NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI), reported an insider sale of common stock. On January 12, 2026, Saba Capital sold 30,586 shares of MEGI common stock at a price of $13.72 per share. Following this transaction, Saba Capital reports beneficial ownership of 5,354,165 MEGI shares, held as indirect ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 30,586 | $13.72 | $420K |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Saba Capital report for MEGI?
Saba Capital Management, L.P. reported selling 30,586 shares of NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) common stock on January 12, 2026.
Is Saba Capital considered a 10% owner of MEGI in this filing?
Yes. The Form 4 identifies Saba Capital Management, L.P. as a 10% owner of NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI).
Is Saba Capital’s MEGI ownership reported as direct or indirect?
The Form 4 shows Saba Capital’s 5,354,165 MEGI shares as indirect beneficial ownership.
What type of security was involved in Saba Capital’s MEGI transaction?
The transaction involved common stock of NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI), reported in the non-derivative securities table.
AI-generated analysis. How Rhea-AI works. Not financial advice.