Saba Capital Form 4: MEGI insider sells shares near $14

Rhea-AI Filing Summary

NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) reported insider activity by a 10% owner. Saba Capital Management, L.P. disclosed two open‑market sales of common stock: 32,909 shares at $14.09 on 11/06/2025 and 46,491 shares at $14.01 on 11/07/2025, totaling 79,400 shares.

Following these transactions, Saba reported 5,890,860 shares of common stock indirectly beneficially owned. After the first sale, the filing shows 5,937,351 shares indirectly beneficially owned. The filing indicates the form was submitted by one reporting person.

Insider Trade Summary

Net Seller: 79,400 shares ($1,115,027)

Net Sell 2 txns

Insider Saba Capital Management, L.P.

Role 10% Owner

Sold 79,400 shs ($1.12M)

Type	Security	Shares	Price	Value
Sale	Common Stock	46,491	$14.01	$651K
Sale	Common Stock	32,909	$14.09	$464K

Holdings After Transaction: Common Stock — 5,890,860 shares (Indirect, -)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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 NY 10174

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NYLI CBRE Global Infrastructure Megatrends Term Fund [ MEGI ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
11/06/2025

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

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

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

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	11/06/2025		S		32,909	D	$14.09	5,937,351	I	-
Common Stock	11/07/2025		S		46,491	D	$14.01	5,890,860	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	11/10/2025
	Boaz Weinstein	11/10/2025
	** 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.

FAQ

What insider activity did MEGI disclose on this Form 4?

A 10% owner, Saba Capital Management, L.P., reported two open‑market sales of MEGI common stock.

How many MEGI shares were sold and at what prices?

On 11/06/2025, 32,909 shares at $14.09; on 11/07/2025, 46,491 shares at $14.01.

What is the reporting person’s ownership after the transactions?

Indirect beneficial ownership is reported as 5,890,860 shares of MEGI common stock.

Is the ownership direct or indirect?

The filing lists the transactions under Indirect (I) ownership.

Who signed the filing and when?

The signature block lists Saba Capital Management, L.P. By: Zachary Gindes and Boaz Weinstein with date 11/10/2025.

What is the filer’s relationship to MEGI?

The filer is marked as a 10% Owner of MEGI.