Saba Capital reports NQP share sales; 4,221,640 shares remain indirect
Rhea-AI Filing Summary
Nuveen Pennsylvania Quality Municipal Income Fund (NQP) reported a Form 4 from Saba Capital Management, L.P., a 10% owner. The reporting person sold 46,029 common shares at $12.04 on 11/06/2025 and 41,553 shares at $12.04 on 11/07/2025. Following these transactions, the reporting person held 4,221,640 shares indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 87,582 shares
Net Sell
2 txns
Insider
Saba Capital Management, L.P.
Role
10% Owner
Sold
87,582 shs ($1.05M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 41,553 | $12.04 | $500K |
| Sale | Common Stock | 46,029 | $12.04 | $554K |
Holdings After Transaction:
Common Stock — 4,221,640 shares (Indirect, -)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did NQP disclose in this Form 4 filing?
A 10% owner, Saba Capital Management, L.P., reported open-market sales of NQP common shares on 11/06/2025 and 11/07/2025.
What is the reporting person’s relationship to NQP?
The reporting person is listed as a 10% Owner of NQP.
What type of security was involved?
The transactions involved common stock of NQP.
Was ownership direct or indirect?
Ownership is reported as Indirect (I).