Small insider purchase boosts Anagnos’ MEGI stake to 28k shares

Rhea-AI Filing Summary

Form 4 filing for NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI). Portfolio Manager Jeremy Anagnos reported a single open-market purchase (code P) on 01 Aug 2025 of 250 common shares at $14.36 per share, totaling roughly $3.6 k. Following the transaction, Anagnos’ direct ownership stands at 28,000 shares. No derivative positions or additional transactions were disclosed. The filing is made individually, not jointly, and contains no 10b5-1 plan notation.

Insights

Securities Analyst

TL;DR: Small insider buy; immaterial to fund size; neutral signal.

The purchase increases the manager’s stake by less than 1%, implying limited conviction or routine accumulation. Monetary value is negligible versus MEGI’s market cap, so market impact should be minimal. Still, any insider buying is directionally positive compared with selling and may hint at management’s view that shares trade below intrinsic NAV.

Corporate Governance Expert

TL;DR: Compliance-clean Form 4; no governance red flags identified.

The filing is timely (within two business days) and accurately discloses the transaction. No 10b5-1 safe-harbor box is checked, suggesting discretionary purchase. Absence of derivative activity or complex structures simplifies oversight. Overall governance implication: routine and transparent, with no adverse concerns.

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^*

Anagnos Jeremy

(Last) (First) (Middle)

555 EAST LANCASTER AVENUE

SUITE 120

(Street)

RADNOR PA 19087

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

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025

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
NYLI CBRE Global Infrastructure Megatrends Term Fund	08/01/2025		P		250	A	$14.36	28,000	D

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:

	Jeff Chang	08/04/2025
	** 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

Who purchased MEGI shares according to the Aug 2025 Form 4?

Jeremy Anagnos, Portfolio Manager of MEGI, reported the purchase.

How many MEGI shares were bought on 01 Aug 2025?

A total of 250 shares were acquired.

What was the purchase price in the Form 4 for MEGI?

The shares were bought at $14.36 each.

What is Jeremy Anagnos’ total MEGI ownership after the transaction?

He now holds 28,000 directly owned shares.

Does the filing indicate use of a Rule 10b5-1 trading plan?

No, the 10b5-1 checkbox is not marked.