Saba Capital buys more ASA Gold & Precious shares

Saba Capital Management, L.P., a 10% owner of ASA Gold & Precious Metals Ltd (ASA), reported open-market purchases of the company’s common stock.

Rhea-AI Filing Summary

Saba Capital Management, L.P., a 10% owner of ASA Gold & Precious Metals Ltd (ASA), reported open-market purchases of the company’s common stock. On February 12, 2026, it bought 83,533 shares at $69.69 per share, followed by 50,560 shares at $71.50 per share on February 13, 2026.

After these indirect purchases, Saba Capital Management beneficially owned 5,903,701 ASA common shares. All reported holdings are classified as indirect ownership.

Insider Trade Summary

Net Buyer: 134,093 shares

Net Buy 2 txns

Insider Saba Capital Management, L.P.

Role 10% Owner

Bought 134,093 shs ($9.44M)

Type	Security	Shares	Price	Value
Purchase	Common Stock	50,560	$71.50	$3.62M
Purchase	Common Stock	83,533	$69.69	$5.82M

Holdings After Transaction: Common Stock — 5,903,701 shares (Indirect, -)

FAQ

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

What insider activity did Saba Capital report for ASA on this Form 4?

Saba Capital Management, L.P. reported buying ASA common stock. It disclosed two open-market purchases on February 12 and 13, 2026, increasing its indirect beneficial ownership position in ASA Gold & Precious Metals Ltd to a total of 5,903,701 common shares.

How many ASA shares did Saba Capital buy on February 12, 2026?

Saba Capital bought 83,533 ASA shares on February 12, 2026. The transaction was an open-market purchase of common stock at a price of $69.69 per share, increasing its indirect beneficial ownership compared with its previously reported position in ASA.

What was Saba Capital’s ASA share purchase on February 13, 2026?

Saba Capital bought 50,560 ASA shares on February 13, 2026. This transaction was also an open-market purchase of ASA common stock at a price of $71.50 per share, further adding to its indirectly held stake in the company.

What is Saba Capital’s total beneficial ownership of ASA after these trades?

After the reported trades, Saba Capital beneficially owned 5,903,701 ASA shares. This figure reflects indirect ownership of ASA Gold & Precious Metals Ltd common stock as disclosed in the Form 4 following the February 12 and 13, 2026 purchases.

Is Saba Capital considered a 10% owner of ASA Gold & Precious Metals Ltd?

Yes, Saba Capital Management, L.P. is identified as a 10% owner. The Form 4 indicates the reporting person is a 10% owner of ASA Gold & Precious Metals Ltd, and the recent open-market purchases were reported under that insider status.

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

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Accepted by SEC EDGAR 02/17/2026 - 03:11 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)
02/12/2026

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	02/12/2026		P		83,533	A	$69.69	5,853,141	I	-
Common Stock	02/13/2026		P		50,560	A	$71.5	5,903,701	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	02/17/2026
	Boaz Weinstein	02/17/2026
	** 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.