ASA Gold & Precious Metals Ltd (ASA) insider increases ASA share stake

Rhea-AI Filing Summary

ASA Gold & Precious Metals Ltd reported insider buying by a director affiliated with Saba Capital Management, L.P.. The reporting person filed a Form 4 showing two indirect open-market purchases of ASA common stock.

On 12/30/2025, the insider purchased 6,892 shares at $60.34 per share. On 12/31/2025, the insider purchased an additional 9,112 shares at $59.99 per share. Following these transactions, the insider indirectly beneficially owned 5,391,713 ASA common shares.

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
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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)
12/30/2025

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	12/30/2025		P		6,892	A	$60.34	5,382,601	I	-
Common Stock	12/31/2025		P		9,112	A	$59.99	5,391,713	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	01/02/2026
	Boaz Weinstein	01/02/2026
	** 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.

FAQ

What did ASA (ASA) report in this Form 4 filing?

The filing reports that a director affiliated with Saba Capital Management, L.P. made two indirect open-market purchases of ASA Gold & Precious Metals Ltd common stock on 12/30/2025 and 12/31/2025.

How many ASA shares did the insider buy and at what prices?

The insider bought 6,892 ASA common shares at $60.34 per share on 12/30/2025, and 9,112 shares at $59.99 per share on 12/31/2025.

What is the insider’s total beneficial ownership in ASA after these trades?

After the reported transactions, the insider indirectly beneficially owned 5,391,713 shares of ASA common stock.

What is the insider’s relationship to ASA Gold & Precious Metals Ltd?

The reporting person is identified as a Director of ASA Gold & Precious Metals Ltd, with ownership reported as indirect.

Were any derivative securities like options or warrants reported in this ASA Form 4?

No derivative securities are listed in Table II; only non-derivative ASA common stock transactions are shown in Table I.

Who signed the Form 4 reporting these ASA insider transactions?

The form includes signatures for Saba Capital Management, L.P. by Zachary Gindes and Boaz Weinstein, dated 01/02/2026.