Saba Capital adds to ASA Gold & Precious (NYSE: ASA) stake

Rhea-AI Filing Summary

Saba Capital Management, L.P., a 10% owner of ASA Gold & Precious Metals Ltd, reported an open-market purchase of 40,222 shares of common stock on February 11, 2026 at $72.09 per share. Following this transaction, Saba Capital indirectly held 5,769,608 shares of ASA common stock.

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

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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^*

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)
02/11/2026

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	02/11/2026		P		40,222	A	$72.09	5,769,608	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	02/12/2026
	Boaz Weinstein	02/12/2026
	** 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 on February 11, 2026?

ASA disclosed that Saba Capital Management, L.P. bought 40,222 ASA common shares on February 11, 2026. The transaction was an open-market purchase at $72.09 per share, reported as an indirect ownership position in the company’s stock.

Who is the reporting person in the latest ASA (ASA) Form 4 filing?

The reporting person is Saba Capital Management, L.P., listed as a 10% owner of ASA Gold & Precious Metals Ltd. It filed a Form 4 to report an indirect open-market purchase of additional ASA common stock on February 11, 2026.

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

Saba Capital Management, L.P. purchased 40,222 shares of ASA common stock at a price of $72.09 per share. The Form 4 describes this as an open-market transaction, increasing Saba’s reported indirect ownership stake in ASA.

What is Saba Capital’s ASA shareholding after the reported transaction?

After the reported purchase, Saba Capital Management, L.P. beneficially owned 5,769,608 ASA common shares indirectly. This total reflects its holdings following the 40,222-share open-market acquisition disclosed in the February 11, 2026 Form 4 filing.

Is the ASA (ASA) insider transaction a buy or a sell?

The ASA insider transaction is a buy. Form 4 data show transaction code P, indicating an open-market purchase, where Saba Capital Management, L.P. acquired 40,222 ASA common shares at $72.09 per share, increasing its indirect beneficial ownership.

Does Saba Capital hold ASA shares directly or indirectly?

Saba Capital’s ASA position in this filing is reported as indirect ownership. The Form 4 identifies 5,769,608 common shares beneficially owned following the transaction, with ownership type coded as indirect, rather than directly held in Saba’s own name.