Insider Sales: NQP Form 4 — 11,117 Shares Sold at ~$10.94

Insider Form 4 summary: Saba Capital Management, L.P. and Boaz Weinstein reported sales of Nuveen Pennsylvania Quality Municipal Income Fund (NQP) common stock on September 2-3, 2025.

Rhea-AI Filing Summary

Insider Form 4 summary: Saba Capital Management, L.P. and Boaz Weinstein reported sales of Nuveen Pennsylvania Quality Municipal Income Fund (NQP) common stock on September 2-3, 2025. Saba sold 10,927 shares on 09/02/2025 at $10.93 and 190 shares on 09/03/2025 at $10.96. After these transactions the reporting persons beneficially owned 4,905,197 to 4,905,387 shares indirectly.

Positive

• Timely disclosure of insider sales with transaction dates and prices reported
• Complete beneficial ownership figures provided (4,905,197–4,905,387 shares), aiding transparency

Negative

• None.

Insights

Securities Analyst

TL;DR: Small insider sales relative to reported beneficial holding; disclosure is routine.

The Form 4 discloses routine dispositions by an indirect beneficial owner and an associated individual. Total reported disposals (11,117 shares) are small compared with the >4.9 million shares reported beneficially owned, indicating these trades are unlikely to materially change control or valuation. No derivative transactions or amendments are indicated, and prices reported are $10.93 and $10.96.

Corporate Governance Expert

TL;DR: Filing is compliant and provides necessary Section 16 disclosure for insider sales.

The filing names the reporting persons, provides transaction dates, codes, amounts, prices and resulting beneficial ownership, and includes manual signatures. It indicates the relationship to the issuer as a director and 10% owner. There are no corrective amendments or indications of plans (e.g., Rule 10b5-1) in the text provided.

Insider Trade Summary

Net Seller: 11,117 shares

Net Sell 2 txns

Insider Saba Capital Management, L.P., Weinstein Boaz

Role 10% Owner | 10% Owner

Sold 11,117 shs ($122K)

Type	Security	Shares	Price	Value
Sale	Common Stock	190	$10.96	$2K
Sale	Common Stock	10,927	$10.93	$119K

Holdings After Transaction: Common Stock — 4,905,197 shares (Indirect, -)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transactions were reported on the NQP Form 4?

The filing reports sales of 10,927 shares on 09/02/2025 at $10.93 and 190 shares on 09/03/2025 at $10.96.

Who filed the Form 4 for NQP?

The reporting persons are Saba Capital Management, L.P. and Boaz Weinstein, listed as a director and 10% owner.

How many NQP shares do the reporting persons beneficially own after the transactions?

The filing shows beneficial ownership of approximately 4,905,197 to 4,905,387 shares following the reported sales.

Were any derivative transactions reported in this Form 4 for NQP?

No derivative securities transactions are reported; only non-derivative common stock sales are listed.

Does the Form 4 indicate a Rule 10b5-1 trading plan?

The filing does not indicate that the transactions were made pursuant to a Rule 10b5-1 plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 09/04/2025 - 10:49 AM Learn about SEC filing dates

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
NUVEEN PENNSYLVANIA QUALITY MUNICIPAL INCOME FUND [ NQP ]

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)
09/02/2025

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

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

	Form filed by One Reporting Person
X	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	09/02/2025		S		10,927	D	$10.93	4,905,387	I	-
Common Stock	09/03/2025		S		190	D	$10.96	4,905,197	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

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)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

Weinstein Boaz

(Last) (First) (Middle)

405 LEXINGTON AVENUE

58TH FLOOR

(Street)

NEW YORK NY 10174

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

Explanation of Responses:

	Saba Capital Management, L.P. By: Zachary Gindes	09/04/2025
	Boaz Weinstein	09/04/2025
	** 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.