Merk Alexander 4

What Happened
Merk Alexander, Chief Operating Officer of ASA Gold & Precious Metals Ltd (ASA), sold a total of 13,355 shares in two open-market transactions. On 2026-02-19 he sold 200 shares at $70.60 each for $14,120, and on 2026-02-20 he sold 13,155 shares at $70.60 each for $928,743 — a combined proceeds of approximately $942,863. These were sales (S), not purchases.

Key Details

• Transaction dates and prices:
  • 2026-02-19: 200 shares sold at $70.60 ($14,120)
  • 2026-02-20: 13,155 shares sold at $70.60 ($928,743)
• Total shares sold: 13,355; total proceeds: ≈ $942,863
• Method reported: open market sales
• Shares owned after transaction: not specified in the provided filing excerpt
• Filing date: 2026-02-20. The Form 4 was filed the same day as the second sale and one day after the first — within the typical two-business-day Form 4 reporting window (i.e., not indicated as late).

Context
Insider sales are often routine (e.g., for diversification, tax needs, or planned selling); they do not necessarily indicate a change in company outlook. Purchases generally carry more signal value for bullishness. This filing shows standard open-market disposition of shares by an executive rather than any derivative exercise, gift, or tax-withholding transaction.