Saba Capital raises ASA Gold & Precious Metals (NYSE: ASA) stake with new buys

Rhea-AI Filing Summary

Saba Capital Management, L.P., a 10% owner of ASA Gold & Precious Metals Ltd, reported two open-market common stock purchases. On February 5, it bought 15,423 shares at $64.31 per share, bringing its indirectly held position to 5,625,450 shares. On February 6, it bought another 15,796 shares at $65.91 per share, increasing its indirect beneficial ownership to 5,641,246 shares.

Insider Trade Summary

Net Buyer: 31,219 shares ($2,032,967)

Net Buy 2 txns

Insider Saba Capital Management, L.P.

Role 10% Owner

Bought 31,219 shs ($2.03M)

Type	Security	Shares	Price	Value
Purchase	Common Stock	15,796	$65.91	$1.04M
Purchase	Common Stock	15,423	$64.31	$992K

Holdings After Transaction: Common Stock — 5,641,246 shares (Indirect, -)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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)
02/05/2026

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	02/05/2026		P		15,423	A	$64.31	5,625,450	I	-
Common Stock	02/06/2026		P		15,796	A	$65.91	5,641,246	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	02/09/2026
	Boaz Weinstein	02/09/2026
	** 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 activity did ASA (ASA) report in this Form 4 filing?

ASA reported insider purchases by 10% owner Saba Capital Management, L.P.. The firm bought 15,423 ASA common shares on February 5 and 15,796 shares on February 6 in open-market transactions, increasing its indirect beneficial ownership to 5,641,246 shares.

How many ASA shares did Saba Capital Management buy and at what prices?

Saba Capital Management bought two blocks of ASA common stock. It purchased 15,423 shares at $64.31 per share on February 5 and 15,796 shares at $65.91 per share on February 6 in separate open-market transactions.

What is Saba Capital Management’s total ASA ownership after these transactions?

After the reported trades, Saba Capital Management’s indirect beneficial ownership in ASA rose to 5,641,246 common shares. The position increased from 5,625,450 shares following the February 5 purchase to the higher total after the additional buying on February 6.

What type of Form 4 transactions were disclosed for ASA (ASA)?

The Form 4 for ASA discloses open-market purchases of common stock by Saba Capital Management, coded as “P” transactions. These are non-derivative equity trades, not options or warrants, and are reported as indirectly owned positions by the reporting person.

Is Saba Capital Management a 10% owner of ASA Gold & Precious Metals?

Yes. The filing identifies Saba Capital Management, L.P. as a 10% owner of ASA Gold & Precious Metals Ltd. The reported transactions reflect changes in its sizeable indirect stake, now totaling 5,641,246 ASA common shares after the February purchases.