Saba Capital (ASA) builds ASA Gold & Precious Metals stake with new buys

Rhea-AI Filing Summary

Saba Capital Management, L.P., a 10% owner of ASA Gold & Precious Metals Ltd, reported buying additional common shares in two open-market transactions. On February 9, 2026, it purchased 25,939 shares at $69.99 per share, bringing its indirect holdings to 5,667,185 shares.

On February 10, 2026, Saba Capital Management purchased another 62,201 common shares at $71.10 per share, increasing its indirectly held position to 5,729,386 shares. All reported holdings are shown as indirect ownership.

Insider Trade Summary

Net Buyer: 88,140 shares

Net Buy 2 txns

Insider Saba Capital Management, L.P.

Role 10% Owner

Bought 88,140 shs ($6.24M)

Type	Security	Shares	Price	Value
Purchase	Common Stock	62,201	$71.10	$4.42M
Purchase	Common Stock	25,939	$69.99	$1.82M

Holdings After Transaction: Common Stock — 5,729,386 shares (Indirect, -)

FAQ

What insider activity did Saba Capital report for ASA (ASA)?

Saba Capital Management, L.P. reported buying ASA Gold & Precious Metals common stock in two open-market transactions. It acquired 25,939 shares at $69.99 on February 9, 2026, and 62,201 shares at $71.10 on February 10, 2026, all held indirectly.

How many ASA (ASA) shares does Saba Capital own after these trades?

After the reported purchases, Saba Capital Management, L.P. indirectly owns 5,667,185 ASA shares following the February 9, 2026 trade and 5,729,386 shares following the February 10, 2026 trade. These amounts reflect its updated indirect beneficial ownership positions.

Were Saba Capital’s ASA (ASA) transactions purchases or sales?

Both reported ASA transactions by Saba Capital Management, L.P. were open-market purchases, coded “P” on the Form 4. The firm bought 25,939 shares on February 9, 2026 and 62,201 shares on February 10, 2026, increasing its indirect common stock holdings.

What prices did Saba Capital pay for ASA (ASA) shares?

Saba Capital Management, L.P. paid $69.99 per share for 25,939 ASA common shares on February 9, 2026. It then paid $71.10 per share for 62,201 ASA common shares on February 10, 2026. Both transactions were reported as indirect beneficial ownership.

Is Saba Capital a major shareholder of ASA (ASA)?

Yes. The Form 4 lists Saba Capital Management, L.P. as a 10% owner of ASA Gold & Precious Metals Ltd. Its reported common stock holdings after the February 10, 2026 purchase total 5,729,386 shares, all categorized as indirectly owned.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/11/2026 - 01:14 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)
02/09/2026

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	02/09/2026		P		25,939	A	$69.99	5,667,185	I	-
Common Stock	02/10/2026		P		62,201	A	$71.1	5,729,386	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	02/11/2026
	Boaz Weinstein	02/11/2026
	** 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.