Saba Capital (NYSE: ASA) boosts stake with 8,466-share insider purchase

Rhea-AI Filing Summary

Saba Capital Management, L.P., a more than 10% owner of ASA Gold & Precious Metals Ltd, reported an indirect open-market purchase of common stock. On 02/02/2026, it bought 8,466 shares at $64.27 per share with transaction code "P" for a purchase.

After this transaction, Saba Capital Management, L.P. indirectly beneficially owned 5,574,906 ASA common shares. The filing reflects ownership as indirect rather than directly held.

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

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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)
02/02/2026

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	02/02/2026		P		8,466	A	$64.27	5,574,906	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	02/03/2026
	Boaz Weinstein	02/03/2026
	** 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 insider transaction did Saba Capital report for ASA on this Form 4?

Saba Capital Management, L.P. reported buying 8,466 shares of ASA common stock in an open-market purchase. The transaction occurred on 02/02/2026 and was coded "P", indicating a standard purchase under SEC rules.

At what price did Saba Capital buy ASA Gold & Precious Metals (ASA) shares?

Saba Capital Management, L.P. bought 8,466 ASA common shares at $64.27 per share. This per-share price is reported directly in the Form 4 as the transaction price for the non-derivative common stock purchase.

How many ASA shares does Saba Capital beneficially own after this transaction?

Following the reported trade, Saba Capital Management, L.P. beneficially owned 5,574,906 ASA common shares. The filing classifies this position as indirect ownership, reflecting how the shares are held rather than being directly in its name.

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

Yes. The Form 4 identifies Saba Capital Management, L.P. as a 10% owner of ASA Gold & Precious Metals Ltd. This status triggers ongoing SEC reporting obligations for its transactions in ASA common stock.

Did the ASA Form 4 include any derivative securities transactions?

No derivative securities transactions appear in this Form 4 excerpt. The reported activity involves only non-derivative ASA common stock, with a single purchase entry and no options, warrants, or other derivative instruments listed in Table II.