ASA: Insider buys 46,649 shares at $46.5; stake 4.70M

Saba Capital Management, L.P. reported an insider purchase of 46,649 shares of ASA Gold & Precious Metals Ltd (ASA) on 10/07/2025 at a reported price of $46.5 per share.

Rhea-AI Filing Summary

Saba Capital Management, L.P. reported an insider purchase of 46,649 shares of ASA Gold & Precious Metals Ltd (ASA) on 10/07/2025 at a reported price of $46.5 per share. After the transaction the reporting person beneficially owned 4,703,326 shares, held indirectly. The filing is a Form 4 disclosure of a non-derivative acquisition by a director-level reporting entity.

Positive

• Insider purchase of 46,649 shares indicates additional confidence by the reporting entity
• Substantial indirect stake retained at 4,703,326 shares after the transaction

Negative

• None.

Insights

Insider Transactions Analyst

Director-level entity added 46,649 shares, raising indirect stake to 4.70M.

The filing shows a non-derivative acquisition of 46,649 common shares at $46.5 on 10/07/2025, executed by Saba Capital Management, L.P. and reported as indirect ownership. This increases the reported indirect position to 4,703,326 shares, which is the key disclosed position metric.

The primary dependencies are the accuracy of reported price and share counts; no derivative instruments or dispositions were reported. Investors may monitor subsequent Form 4 filings for further purchases or sales and any changes in ownership form over the next few reporting periods.

Insider Trade Summary

Net Buyer: 46,649 shares

Net Buy 1 txn

Insider Saba Capital Management, L.P.

Role 10% Owner

Bought 46,649 shs ($2.17M)

Type	Security	Shares	Price	Value
Purchase	Common Stock	46,649	$46.50	$2.17M

Holdings After Transaction: Common Stock — 4,703,326 shares (Indirect, -)

FAQ

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

What did Saba Capital report on ASA (ticker: ASA)?

Saba Capital Management, L.P. reported acquiring 46,649 shares of ASA on 10/07/2025 at $46.5 per share, increasing indirect holdings to 4,703,326 shares.

Was the Form 4 transaction a purchase or sale for ASA?

The Form 4 reports a purchase (transaction code P) of 46,649 common shares.

Does the filing show any derivative transactions for ASA?

No. Table II (derivative securities) contains no reported transactions; only a non-derivative acquisition is disclosed.

How is ownership held according to the Form 4 for ASA?

The reported ownership after the transaction is indirect (I), meaning the shares are beneficially owned through the reporting entity rather than directly by an individual.

Who signed the Form 4 for the ASA filing?

The filing shows signatures from Zachary Gindes and Boaz Weinstein dated 10/08/2025.

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

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Accepted by SEC EDGAR 10/08/2025 - 10:09 AM 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)
10/07/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	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	10/07/2025		P		46,649	A	$46.5	4,703,326	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

Explanation of Responses:

	Saba Capital Management, L.P. By: Zachary Gindes	10/08/2025
	Boaz Weinstein	10/08/2025
	** 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.