NYLI CBRE Global Infrastructure Megatrends (MEGI) 10% owner reports stock sales

Rhea-AI Filing Summary

NYLI CBRE Global Infrastructure Megatrends Term Fund insider Saba Capital Management, L.P., reported sales of common stock. The reporting person is identified as a 10% owner.

On 12/24/2025, the reporting person sold 19,336 shares of common stock at a price of $13.76 per share, leaving 5,681,779 shares beneficially owned indirectly after this trade. On 12/26/2025, it sold an additional 75,521 shares at $13.77 per share, with indirect beneficial ownership reported as 5,606,258 shares following that transaction.

Both transactions are reported as indirect ownership changes and are coded as sales, giving investors a view into recent trading activity by a large holder.

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

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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)
12/24/2025

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	12/24/2025		S		19,336	D	$13.76	5,681,779	I	-
Common Stock	12/26/2025		S		75,521	D	$13.77	5,606,258	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	12/30/2025
	Boaz Weinstein	12/30/2025
	** 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 in this Form 4 filing?

The filing reports that Saba Capital Management, L.P., a 10% owner of NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI), sold shares of the fund's common stock on two dates in December 2025.

How many MEGI shares did the insider sell on 12/24/2025 and at what price?

On 12/24/2025, the reporting person sold 19,336 MEGI common shares at a price of $13.76 per share.

What MEGI share sale occurred on 12/26/2025 and at what price?

On 12/26/2025, the reporting person sold 75,521 MEGI common shares at a price of $13.77 per share.

How many MEGI shares did the insider beneficially own after these transactions?

After the 12/24/2025 sale, indirect beneficial ownership was 5,681,779 MEGI shares; after the 12/26/2025 sale, indirect beneficial ownership was reported as 5,606,258 shares.

What is the relationship of the reporting person to MEGI?

The reporting person is listed as a 10% owner of NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) and files as one reporting person on this Form 4.

Are these MEGI insider holdings reported as direct or indirect ownership?

The holdings after each transaction, 5,681,779 and 5,606,258 shares, are both reported as indirect (I) beneficial ownership.