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ASA Gold & Precious Metals (NYSE: ASA) sees 10% owner Saba Capital buy more shares

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Saba Capital Management, L.P., a 10% owner of ASA Gold & Precious Metals Ltd, reported open-market purchases of the company’s common stock. On January 6, 2026, it bought 3,280 shares at $61.80 per share. On January 7, 2026, it bought an additional 3,598 shares at $59.78 per share. After these transactions, Saba Capital reported indirect beneficial ownership of 5,416,143 ASA common shares.

Positive

  • None.

Negative

  • None.
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)
01/06/2026
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 01/06/2026 P 3,280 A $61.8 5,412,545 I -
Common Stock 01/07/2026 P 3,598 A $59.78 5,416,143 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 01/08/2026
Boaz Weinstein 01/08/2026
** 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?

The filing shows that Saba Capital Management, L.P., a 10% owner of ASA Gold & Precious Metals Ltd, purchased ASA common stock in two transactions on January 6 and 7, 2026.

How many ASA shares did Saba Capital Management, L.P. buy and at what prices?

Saba Capital bought 3,280 ASA common shares at $61.80 per share on January 6, 2026, and 3,598 shares at $59.78 per share on January 7, 2026.

What is Saba Capital Management, L.P.’s ownership in ASA after these transactions?

Following the reported purchases, Saba Capital Management, L.P. reported indirect beneficial ownership of 5,416,143 shares of ASA common stock.

Is Saba Capital Management, L.P. an insider or major shareholder of ASA (ASA)?

Yes. In the filing, Saba Capital Management, L.P. is identified as a 10% owner of ASA Gold & Precious Metals Ltd.

Were any derivative securities reported in this ASA Form 4 filing?

No derivative securities are listed as acquired, disposed of, or beneficially owned in the provided Table II for this Form 4.

Are the ASA shares held directly or indirectly by Saba Capital Management, L.P.?

The Form 4 classifies Saba Capital’s holdings as indirect beneficial ownership, with the ownership form marked as I for the reported common stock.

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