ASA insider Form 4 shows indirect buys at ~$47–$49, updated holdings

Rhea-AI Filing Summary

ASA Gold & Precious Metals Ltd reported insider share purchases on a Form 4. The reporting person disclosed three open-market buys of common stock with indirect ownership: 40,943 shares at $47.39 on 10/09/2025 (beneficially owned following the trade: 4,768,082 shares), 25,883 shares at $47.06 on 10/10/2025 (4,793,965 shares), and 8,437 shares at $49.02 on 10/13/2025 (4,802,402 shares). The filing indicates the transactions were coded “P” for purchases and that ownership is indirect. The document was signed by Saba Capital Management, L.P. (by Zachary Gindes) and by Boaz Weinstein on 10/14/2025.

Insights

Securities law analyst

Routine Form 4 disclosing indirect insider purchases; neutral impact.

This filing lists open-market purchases of ASA common stock across three dates with transaction code “P.” The reporting person shows indirect ownership and provides post-transaction beneficial ownership after each trade, which is standard Section 16 disclosure.

Form 4s document changes in insider holdings; they do not involve company proceeds or operational updates. While additional shares were acquired, the filing itself does not state strategic rationale or future intentions.

Key details are the trade dates (10/09/2025, 10/10/2025, 10/13/2025), per‑share prices ($47.39, $47.06, $49.02), and beneficially owned amounts after each transaction. Subsequent filings may provide further context.

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).

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)
10/09/2025

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	10/09/2025		P		40,943	A	$47.39	4,768,082	I	-
Common Stock	10/10/2025		P		25,883	A	$47.06	4,793,965	I	-
Common Stock	10/13/2025		P		8,437	A	$49.02	4,802,402	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	10/14/2025
	Boaz Weinstein	10/14/2025
	** 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 did ASA (ASA) disclose in this Form 4?

It reported three open‑market purchases of common stock coded “P,” with indirect ownership and updated beneficial ownership after each trade.

Who is the reporting person in the ASA (ASA) Form 4?

The filing is by Saba Capital Management, L.P., with signatures by Zachary Gindes and Boaz Weinstein.

What were the ASA (ASA) trade dates and prices?

10/09/2025 at $47.39 for 40,943 shares; 10/10/2025 at $47.06 for 25,883 shares; 10/13/2025 at $49.02 for 8,437 shares.

How many ASA (ASA) shares were beneficially owned after each trade?

4,768,082 after 10/09/2025; 4,793,965 after 10/10/2025; and 4,802,402 after 10/13/2025.

Is the ASA (ASA) ownership direct or indirect?

The Form 4 marks the ownership form as indirect for the reported transactions.

When was the ASA (ASA) Form 4 signed?

The signatures are dated 10/14/2025.