STOCK TITAN
  1. Home
  2. Sec-filings
  3. ASA
  4. [Form 4] ASA GOLD AND PRECIOUS METALS LIMITED Insider Trading Activity

Saba Capital and Boaz Weinstein Report ASA Purchases at ~$40

Filing Impact
(Very High)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Saba Capital Management, L.P. and Boaz Weinstein reported purchases of ASA Gold & Precious Metals Ltd (ASA) common stock on 09/09/2025 and 09/10/2025. The filings show 31,225 shares purchased at $40.06 on 09/09/2025 and 19,126 shares purchased at $40.34 on 09/10/2025. After these transactions the reporting persons beneficially owned 4,310,895 shares in an indirect capacity.

Positive

  • Insider purchases disclosed: 31,225 shares at $40.06 and 19,126 shares at $40.34
  • Increased beneficial ownership: holdings rose to 4,310,895 shares (indirect)
  • Timely reporting: Form signed and dated 09/11/2025

Negative

  • None.

Insights

TL;DR: Directors and 10% owners reported two small open-market purchases, modestly increasing indirect holdings to 4.31 million shares.

The Form 4 discloses open-market purchases executed over two days at prices of $40.06 and $40.34 per share, increasing indirect beneficial ownership from 4,291,769 to 4,310,895 shares. These are straightforward Section 16 disclosures documenting acquisition activity by an affiliated investment manager and an individual associated with it. There are no derivative transactions or dispositions reported.

TL;DR: Insider buying by a 10% owner and director is disclosed; filing is procedural and contains no adverse governance items.

The report lists Saba Capital Management, L.P. and Boaz Weinstein as reporting persons with director and 10% owner status. Transactions are coded as purchases and are reported timely with signatures dated 09/11/2025. The filing contains no amendments, option activity, or other governance concerns; it serves to update beneficial ownership records.

Insider Saba Capital Management, L.P., Weinstein Boaz
Role 10% Owner | 10% Owner
Bought 50,351 shs ($2.02M)
Type Security Shares Price Value
Purchase Common Stock 19,126 $40.34 $772K
Purchase Common Stock 31,225 $40.06 $1.25M
Holdings After Transaction: Common Stock — 4,310,895 shares (Indirect, -)

FAQ

What transactions did insiders report for ASA (ASA)?
Two purchases: 31,225 shares on 09/09/2025 at $40.06 and 19,126 shares on 09/10/2025 at $40.34.

Who filed the Form 4 for ASA?
Reporting persons: Saba Capital Management, L.P. and Boaz Weinstein, listed as director and 10% owner.

How many ASA shares are beneficially owned after the transactions?
Total indirect ownership: 4,310,895 shares following the reported purchases.

Were any derivative transactions or dispositions reported?
No: The filing shows only non-derivative acquisitions; no dispositions or derivative securities reported.

When was the Form 4 signed?
Signature date: The filing shows signatures dated 09/11/2025.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →
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
ASA Gold & Precious Metals Ltd [ ASA ] 		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)
09/09/2025
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 09/09/2025 P 31,225 A $40.06 4,291,769 I -
Common Stock 09/10/2025 P 19,126 A $40.34 4,310,895 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 09/11/2025
Boaz Weinstein 09/11/2025
** 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.

Source: View Original Filing on SEC EDGAR