GF New Germany Fund, Inc.

NYSE
$10.68

New Germany Fund, Inc. (GF) Insider Activity

What the officers, directors and large holders did with their own shares. Only open-market purchases and sales count toward the totals — grants, option exercises and shares withheld for tax are compensation mechanics, not decisions, and they're listed separately below.

Insider signal Bullish Insiders bought more than they sold over this window — uncommon at any size.
Cluster activity 1 buyer in the last 30 days 1 buyer in the last 90 days 1 seller in the last 90 days
Insiders buying
1
13 transactions
Insiders selling
1
2 transactions
Purchases
$551.7K
50,715 shares
Sales
$145.3K
13,266 shares
Net activity
$406.5K
purchases less sales

How much of that selling was preplanned? 0% planned / 100% discretionary

10b5-1 plan sales $0 0 transactions · 0 shares
Discretionary sales $145.3K 2 transactions · 13,266 shares

Largest single sale: $135.1K.

Where they traded

Buy Sell Dot area is proportional to transaction value.

Last open-market purchase: September 30, 2026 , by Saba Capital Management, L.P. .

Recent open-market activity

Date Insider Role Action Shares Price Value Held after
Saba Capital Management, L.P. 10% Owner Buy 11,059 $10.71 $118.4K 3,718,533
Saba Capital Management, L.P. 10% Owner Buy 1,988 $10.63 $21.1K 3,707,474
Saba Capital Management, L.P. 10% Owner Buy 1,272 $10.73 $13.6K 3,705,486
Saba Capital Management, L.P. 10% Owner Buy 5,256 $10.74 $56.4K 3,704,214
Saba Capital Management, L.P. 10% Owner Buy 500 $10.85 $5.4K 3,698,958
Saba Capital Management, L.P. 10% Owner Buy 4,657 $10.85 $50.5K 3,698,458
Saba Capital Management, L.P. 10% Owner Sell 12,336 $10.95 $135.1K 3,693,801 −0.3% of holding
Saba Capital Management, L.P. 10% Owner Sell 930 $10.96 $10.2K 3,706,137 −0% of holding
Saba Capital Management, L.P. 10% Owner Buy 14,185 $10.82 $153.5K 3,707,067
Saba Capital Management, L.P. 10% Owner Buy 1,258 $11.10 $14.0K 3,692,882
Saba Capital Management, L.P. 10% Owner Buy 1,534 $10.88 $16.7K 3,691,624
Saba Capital Management, L.P. 10% Owner Buy 3,306 $10.92 $36.1K 3,690,090
Saba Capital Management, L.P. 10% Owner Buy 800 $11.55 $9.2K 3,686,784
Saba Capital Management, L.P. 10% Owner Buy 1,179 $11.55 $13.6K 3,685,984
Saba Capital Management, L.P. 10% Owner Buy 3,721 $11.56 $43.0K 3,684,805

Form 4s are due within two business days of a transaction, so this is close to real time — unlike the quarterly 13F data on the Institutional tab. A single large sale often reflects a prearranged 10b5-1 plan rather than a fresh view, so read a pattern of sales rather than any one of them.