ASA Gold & Precious Metals (ASA) director reports buy of 8,770 shares
Rhea-AI Filing Summary
ASA Gold & Precious Metals Ltd insider activity shows a new share purchase by a major holder. On 01/05/2026, a reporting person related to Saba Capital Management, L.P. acquired 8,770 shares of common stock of ASA at a price of $60.32 per share, coded as a purchase transaction. After this trade, the reporting person beneficially owned 5,409,265 shares, held indirectly. The filer is identified as a director of ASA and filed the Form 4 as a single reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 8,770 | $60.32 | $529K |
FAQ
What insider transaction was reported for ASA on this Form 4?
The filing reports that on 01/05/2026, a reporting person related to Saba Capital Management, L.P. purchased 8,770 shares of ASA Gold & Precious Metals Ltd common stock at $60.32 per share.
What is the relationship of the reporting person to ASA Gold & Precious Metals Ltd (ASA)?
The reporting person is identified as a director of ASA Gold & Precious Metals Ltd, with the director box checked on the form.
Was the ASA insider trade on this Form 4 a purchase or a sale?
The transaction is coded as P, indicating a purchase of ASA common stock.
Is the ASA (ASA) ownership direct or indirect for this insider?
The Form 4 indicates the ownership form is indirect (I), meaning the shares are held through an entity or another indirect structure rather than directly by the individual.
Who signed the ASA Form 4 reporting this insider transaction?
The Form 4 is signed by Saba Capital Management, L.P. by Zachary Gindes, and also lists Boaz Weinstein with signature dates of 01/06/2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.