Saba Capital discloses MEGI insider sale and 5.84M shares held
Rhea-AI Filing Summary
NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) insider Saba Capital Management, L.P. reported a sale of common stock. On 11/18/2025, the reporting person disposed of 13,775 MEGI common shares at a price of $13.98 per share in a transaction coded "S" (sale). After this transaction, Saba Capital Management, L.P. reported beneficial ownership of 5,840,574 MEGI shares held indirectly. The filer is identified as a 10% owner and the Form 4 is filed by one reporting person.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 13,775 | $13.98 | $193K |
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Saba Capital Management report in this MEGI Form 4 filing?
Saba Capital Management, L.P. reported a sale of 13,775 MEGI common shares on 11/18/2025 at a price of $13.98 per share.
What is the relationship of the reporting person to MEGI?
The reporting person is identified as a 10% owner of NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI).
What type of security was involved in this MEGI Form 4 transaction?
The transaction involved MEGI common stock listed in Table I as a non-derivative security.
Was this MEGI Form 4 filed by one or multiple reporting persons?
The filing indicates it was a Form filed by one reporting person.
On what date did the earliest reported MEGI transaction occur?
The earliest reported transaction date for this Form 4 is 11/18/2025.