[Form 4] ASA GOLD AND PRECIOUS METALS LIMITED Insider Trading Activity

Rhea-AI Filing Summary

Saba Capital Management, L.P. and Boaz Weinstein reported purchases of common stock of ASA Gold & Precious Metals Ltd (ASA) on 08/12/2025 and 08/13/2025. The Form 4 lists an acquisition of 354,169 shares at $35.39 and 1,836 shares at $35.11, for a total of 356,005 shares acquired. Following these transactions, the filing shows indirect beneficial ownership rising to 4,042,551 shares. The reporting persons are identified as Directors and 10% owners.

Positive

• Insider purchases disclosed: Acquisition of 354,169 and 1,836 common shares on 08/12/2025 and 08/13/2025.
• Transaction prices provided: Purchases reported at $35.39 and $35.11 per share, enabling clear valuation of the trades.
• Beneficial ownership updated: Indirect beneficial ownership reported as 4,042,551 shares following the transactions.
• Proper Form 4 signatures: Filing bears signatures from Saba Capital Management, L.P. and Boaz Weinstein, indicating formal submission.

Negative

• None.

Insights

Financial Analyst

TL;DR: Significant insider purchases totaling 356,005 shares at ~$35 each, increasing indirect ownership to 4,042,551 shares.

The filing documents two non-derivative acquisitions executed on 08/12/2025 and 08/13/2025 with transaction code "P" and explicit per-share prices of $35.39 and $35.11. These purchases, reported by Saba Capital Management, L.P. and Boaz Weinstein, increased indirect beneficial ownership to 4,042,551 shares. The disclosure is routine Form 4 reporting of insider activity and provides clear share counts and prices without additional commentary.

Corporate Governance Expert

TL;DR: Form 4 properly discloses insider acquisitions by reporting persons who are Directors and 10% owners.

The document lists the reporting persons and their relationship to the issuer as Directors and 10% owners and provides transaction dates, share amounts, transaction code "P" and prices. The filing includes signatures from Saba Capital Management, L.P. and Boaz Weinstein. No derivatives or explanatory plans are disclosed within the form text.

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)
08/12/2025

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	08/12/2025		P		354,169	A	$35.39	4,040,715	I	-
Common Stock	08/13/2025		P		1,836	A	$35.11	4,042,551	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	08/14/2025
	Boaz Weinstein	08/14/2025
	** 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.

FAQ

What transactions does the ASA Form 4 report show?

The Form 4 reports two purchases of common stock on 08/12/2025 and 08/13/2025 for 354,169 and 1,836 shares respectively.

At what prices were the ASA shares purchased according to the filing?

The filing lists purchase prices of $35.39 per share on 08/12/2025 and $35.11 per share on 08/13/2025.

Who filed the Form 4 for ASA and what is their relationship to the issuer?

The reporting persons are Saba Capital Management, L.P. and Boaz Weinstein, each identified as a Director and a 10% owner.

How many ASA shares does the filing show as beneficially owned after the transactions?

Following the reported transactions, the Form 4 shows indirect beneficial ownership of 4,042,551 shares.

Does the Form 4 include any derivative transactions or option activity for ASA?

No. Table II for derivative securities is present but contains no entries in this filing.