NEW GERMANY FUND INC

NEW GERMANY FUND INC insiders are currently net buyers of GF stock, showing neutral sentiment over the past 90 days. Executives have purchased $17.4M while selling $9.1M, resulting in a positive net flow of $8.2M. This buying activity represents 66% of total transaction volume.

NEW GERMANY FUND INC has 24 active insiders who have filed SEC Form 4 transactions in the past 90 days. (ss&c) Investment Corp Deutsche (Executive) leads with 23 transactions totaling $16.5M. Capital Management, L.p. Saba (Executive) follows with 54 transactions worth $9.4M. Open-market purchases require insiders to invest their own capital, demonstrating genuine conviction.

The Insider Alignment Score measures the ratio of buying to selling activity on a 0-100 scale. NEW GERMANY FUND INC's current score of 66/100 indicates neutral insider sentiment. Scores above 60 suggest insiders are accumulating shares faster than selling, reflecting $17.4M in purchases versus $9.1M in sales.

The most recent insider transaction occurred on May 21, 2026, when Management, L.p. Saba Capital (Executive) acquired 3,900 shares at $11.83 per share for $46.1K. This appears to be a discretionary trade.

Based on SEC Form 4 filings from the past 90 days, GF insider trading sentiment is currently neutral with an Alignment Score of 66/100. The net insider flow of $8.2M reflects accumulation, with 66% of volume being purchases.

SEC Form 4 is the primary disclosure mechanism for insider trading at publicly traded companies like NEW GERMANY FUND INC. Corporate insiders must file within two business days of any transaction, making it one of the most timely sources of executive sentiment. At GF, we track all Form 4 filings—currently showing 317 transactions from 24 insiders over 90 days.

A 10b5-1 plan allows NEW GERMANY FUND INC executives to pre-schedule stock sales when they don't possess material non-public information. At GF, approximately 0% of recent transactions are 10b5-1 trades. Most trading activity at GF appears discretionary, making insider signals more meaningful.

You can monitor NEW GERMANY FUND INC (GF) insider trading activity on this page, which updates within hours of new SEC Form 4 filings. We track all 24 active insiders and provide real-time transaction feeds, the Alignment Score, 10b5-1 vs. discretionary breakdowns, and direct links to SEC EDGAR filings.

Our Alignment Score measures the ratio of insider buying to selling on a scale of 0-100. A score above 70 indicates strong bullish sentiment, while below 30 suggests bearish activity. NEW GERMANY FUND INC's current score of 66/100 indicates moderately bullish sentiment suggesting insider confidence. This is calculated from $17.4M in purchases versus $9.1M in sales over 90 days, resulting in a net flow of $8.2M.

SEC Form 4 filings are mandatory reports that NEW GERMANY FUND INC insiders must submit within 2 business days. Each filing includes the insider's name, relationship, transaction type, shares, and price. Transaction codes: P (purchase), S (sale), A (award), M (option exercise), G (gift). At GF, the most common type is "P" with 49 occurrences. The most recent Form 4 was filed on May 21, 2026 by Management, L.p. Saba Capital.

Rule 10b5-1 allows corporate insiders to establish pre-scheduled trading plans when they don't possess material non-public information. At NEW GERMANY FUND INC, approximately 0% of recent transactions are executed under 10b5-1 plans, while 100% appear to be discretionary trades. The low percentage means most insider activity at GF represents discretionary decisions with more informational value.