SEC FILLINGS DISCLOSED/ Apr 16, $SABA CAP INCOME & OPPORTUNITIES FD (BRW.US)$ Insider Saba Capital Management, L.P. intends to sell 588.21K shares of its common stock on Apr 16, with a total market value of approximately $6.26 million.
Saba Capital Management, L.P. has reduced shareholding in $SABA CAP INCOME & OPPORTUNITIES FD (BRW.US)$ by 69,265 shares since Jan 17, 2024, with a total value of approximately $728.15K.
What is Form 144?
Form 144: Notice of Proposed Sale of Securities is a document issued by the Securities and Exchange Commission (SEC). Individuals such as executive officers and affiliates of a US-listed company must submit this form to the SEC when they intend to sell more than 5,000 shares or units of that company's stock, or if the sale price adds up to more than $50,000 in any three-month period. This regulation is known as Rule 144, under the Securities Act of 1933.