Saba Capital Management, L.P. 4

What Happened Saba Capital Management, L.P., listed as a 10% owner of ASA Gold & Precious Metals Ltd (ASA), purchased 3,723 shares on January 20, 2026 at $66.08 per share, for a total cost of approximately $246,016. This was a purchase (transaction code P), which is a direct acquisition of stock rather than a sale or derivative transaction.

Key Details

• Transaction date and price: 2026-01-20 — 3,723 shares @ $66.08 each (total ≈ $246,016).
• Transaction type: P = Purchase (open market or private purchase as reported).
• Filing date: Form 4 filed 2026-01-22 (filed within the typical 2-business-day window; not reported late).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes/conditions: None noted in the supplied transaction details.
• Insider status: Saba Capital is a 10% institutional owner, not an executive officer or director.

Context Purchases by large shareholders can signal confidence or routine portfolio adjustments; because Saba Capital is a 10% institutional holder, this is institutional buying rather than insider executive trading. No options exercises, gifts, or tax-withholding events are involved in this filing.