Saba/Boaz Weinstein Buys 16,853 ASA Shares Raising Stake to 4.10M

Saba Capital Management, L.P. and individual reporting person Boaz Weinstein reported purchases of ASA Gold & Precious Metals Ltd (ASA) common stock on 08/27/2025–08/29/2025.

Rhea-AI Filing Summary

Saba Capital Management, L.P. and individual reporting person Boaz Weinstein reported purchases of ASA Gold & Precious Metals Ltd (ASA) common stock on 08/27/2025–08/29/2025. Transactions: 7,510 shares at $37.04 (08/27), 8,243 shares at $36.77 (08/28), and 1,100 shares at $37.41 (08/29). Following these buys, beneficial ownership rose to 4,102,007 shares (indirect).

Positive

• Insider purchases totaling 16,853 shares over three days indicate accumulation by a director and 10% owner.
• Beneficial ownership is explicitly stated as 4,102,007 shares (indirect) after the transactions.
• Transaction prices are disclosed for each trade: $37.04, $36.77, and $37.41.

Negative

• None.

Insights

Financial Analyst

TL;DR: Significant insider purchases increased indirect ownership to 4,102,007 shares, signaling continued accumulation.

The reporting shows multiple open-market purchases executed over three consecutive days at prices between $36.77 and $37.41, adding 16,853 shares total. Purchases were reported by Saba Capital Management, L.P. (via indirect ownership) and Boaz Weinstein as reporting person. The filings are routine Section 16 disclosures documenting acquisition activity and the updated beneficial ownership level.

Corporate Governance Expert

TL;DR: Director and 10% owner reported timely purchases; disclosure aligns with Section 16 filing requirements.

The Form 4 records purchases by a director and a 10% owner across three dates with manual signatures present. All transactions are non-derivative common stock acquisitions with ownership presented as indirect. The filing provides clear, audit-traceable details required for insider-trading transparency.

Insider Trade Summary

Net Buyer: 16,853 shares

Net Buy 3 txns

Insider Saba Capital Management, L.P., Weinstein Boaz

Role 10% Owner | 10% Owner

Bought 16,853 shs ($622K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	1,100	$37.41	$41K
Purchase	Common Stock	8,243	$36.77	$303K
Purchase	Common Stock	7,510	$37.04	$278K

Holdings After Transaction: Common Stock — 4,102,007 shares (Indirect, -)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transactions were reported for ASA (ASA) on this Form 4?

Three open-market purchases: 7,510 shares at $37.04 on 08/27/2025; 8,243 shares at $36.77 on 08/28/2025; 1,100 shares at $37.41 on 08/29/2025.

Who filed the Form 4 for ASA?

Saba Capital Management, L.P. and reporting person Boaz Weinstein filed the disclosure.

How many ASA shares does the reporting person beneficially own after these transactions?

4,102,007 shares are reported as beneficially owned (indirect) following the transactions.

Are the reported transactions derivative or non-derivative?

The Form 4 reports non-derivative common stock acquisitions only; Table II (derivatives) contains no entries.

What dates were the ASA purchases made?

Purchases occurred on 08/27/2025, 08/28/2025, and 08/29/2025.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 09/02/2025 - 03:47 PM Learn about SEC filing dates

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)
08/27/2025

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	08/27/2025		P		7,510	A	$37.04	4,092,664	I	-
Common Stock	08/28/2025		P		8,243	A	$36.77	4,100,907	I	-
Common Stock	08/29/2025		P		1,100	A	$37.41	4,102,007	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	09/02/2025
	Boaz Weinstein	09/02/2025
	** 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.