ASA (ASA) COO logs 13,355-share indirect stock sale via spouse

Rhea-AI Filing Summary

ASA Gold & Precious Metals Ltd COO Alexander Merk reported indirect open-market sales of company shares held through his spouse. On February 20, 2026, 13,155 shares were sold at $70.60 per share, following a sale of 200 shares at the same price on February 19, 2026. After these transactions, indirect holdings through his spouse were reported as zero shares, while direct ownership was reported at 303,805 shares as of February 19, 2026.

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^*

Merk Alexander

(Last) (First) (Middle)

C/O ACA

190 MIDDLE STREET, SUITE 301

(Street)

PORTLAND ME 04101

(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		10% Owner
X	Officer (give title below)		Other (specify below)
	COO

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

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
ASA GOLD AND PRECIOUS METALS LIMITED								303,805	D
ASA GOLD AND PRECIOUS METALS LIMITED	02/19/2026		S		200	D	$70.6	13,155	I	Spouse
ASA GOLD AND PRECIOUS METALS LIMITED	02/20/2026		S		13,155	D	$70.6	0	I	Spouse

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:

	/s/ Alexander Merk	02/20/2026
	** 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 ASA (ASA) report for COO Alexander Merk?

ASA reported that COO Alexander Merk disclosed indirect open-market sales totaling 13,355 shares. These shares were held through his spouse and were sold at $70.60 per share, with transactions on February 19 and 20, 2026, as reflected in the Form 4.

How many ASA shares were sold in the latest Form 4 filing?

The Form 4 shows total insider sales of 13,355 ASA shares. This includes 200 shares sold on February 19, 2026, and 13,155 shares sold on February 20, 2026, all in open-market transactions at a reported price of $70.60 per share.

At what price were ASA Gold & Precious Metals Ltd shares sold by the COO’s spouse?

All reported ASA share sales were executed at $70.60 per share. The filing describes these as open-market transactions carried out over two days, indicating a consistent sale price for the 13,355 shares disclosed in the Form 4.

Were the ASA insider sales held directly or indirectly by Alexander Merk?

The 13,355 ASA shares sold were held indirectly through Merk’s spouse. The Form 4 marks these positions as indirect ownership with the nature of ownership listed as “Spouse,” while a separate line shows Merk’s directly held shares after the transactions.

How many ASA shares does COO Alexander Merk hold directly after the reported sales?

After the reported transactions, Merk’s direct ownership is 303,805 ASA shares. The filing records this direct holding as of February 19, 2026, separate from the indirectly held spouse shares that were fully sold in the disclosed open-market transactions.

Did the ASA COO retain any indirectly owned shares after these transactions?

No indirectly owned shares remained after the reported sales. The Form 4 indicates that indirect holdings through the COO’s spouse declined to zero shares following the 13,355-share open-market sales completed on February 19 and 20, 2026.