ASA Gold & Precious Metals (ASA) insider boosts indirect shareholdings
Rhea-AI Filing Summary
ASA Gold & Precious Metals Ltd disclosed that a reporting person associated with Saba Capital Management, L.P. bought additional common shares in late December 2025. The Form 4 shows three open-market purchases on 12/24/2025, 12/26/2025, and 12/29/2025 at prices of $60.76, $61.92, and $58.81 per share, respectively, increasing the indirect position by 467, 714 and 10,111 shares. Following these trades, the reporting person indirectly beneficially owned 5,375,709 ASA common shares. The filing identifies the reporting person as a director-level affiliate and confirms the report is filed by one reporting person.
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FAQ
What insider activity did ASA Gold & Precious Metals (ASA) report?
The company reported that a Saba Capital Management, L.P.-affiliated reporting person filed a Form 4 showing open-market purchases of ASA common stock in late December 2025.
How many ASA shares were purchased in this Form 4 filing?
The Form 4 lists three purchases of 467, 714, and 10,111 ASA common shares, reflecting multiple open-market buy transactions.
At what prices were ASA shares bought by the reporting person?
The reported purchases were made at $60.76 per share on 12/24/2025, $61.92 per share on 12/26/2025, and $58.81 per share on 12/29/2025.
How many ASA shares does the insider beneficially own after these transactions?
After the reported transactions, the Form 4 states the reporting person indirectly beneficially owned 5,375,709 ASA common shares.
Is the ASA reporting person a director or officer of the company?
The relationship section indicates the reporting person is a director of ASA Gold & Precious Metals Ltd; no officer title is listed.
Are the ASA shares held directly or indirectly by the reporting person?
The ownership form in the Form 4 identifies the indirect (I) ownership of the 5,375,709 ASA common shares.
Who signed the ASA Form 4 reporting these transactions?
The Form 4 includes signature lines for Saba Capital Management, L.P. by Zachary Gindes and Boaz Weinstein, dated 12/30/2025.