RENN Fund VP buys 1,000 shares at $2.95 each
RENN Fund, Inc. (RCG) executive Jay H. Kesslen, a Vice-President, purchased 1,000 shares of Common Stock on 2026-08-27 in an open market or private transaction at a price of $2.95 per share.
Rhea-AI Filing Summary
RENN Fund, Inc. (RCG) executive Jay H. Kesslen, a Vice-President, purchased 1,000 shares of Common Stock on 2026-08-27 in an open market or private transaction at a price of $2.95 per share. Following this buy, his directly held position increased to 47,880 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
1 txn
Insider
Kesslen Jay H
Role
Vice-President
Bought
1,000 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $2.95 | $3K |
Holdings After Transaction:
Common Stock — 47,880 shares (Direct)
Key Figures
Shares purchased: 1,000 shares of Common Stock
Purchase price per share: $2.95 per share
Shares held after transaction: 47,880 shares of Common Stock
+1 more
4 metrics
Shares purchased
1,000 shares of Common Stock
Non-derivative purchase on 2026-08-27 coded P
Purchase price per share
$2.95 per share
Price for the 1,000-share Common Stock purchase on 2026-08-27
Shares held after transaction
47,880 shares of Common Stock
Direct ownership by Jay H. Kesslen after the reported purchase
Net buy shares
1,000 shares
Net effect across all reported transactions in this Form 4
Key Terms
Form 4, Purchase in open market or private transaction, direct ownership
3 terms
Form 4 regulatory
"The reported transaction is disclosed in a Form 4 insider filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Purchase in open market or private transaction financial
"Transaction code P is described as a Purchase in open market or private transaction"
direct ownership financial
"The ownership_type field indicates direct ownership of the shares"
FAQ
What insider transaction did RCG report for Jay H. Kesslen?
Jay H. Kesslen purchased 1,000 shares of RENN Fund, Inc. Common Stock on 2026-08-27 at $2.95 per share in an open market or private transaction, increasing his directly held position to 47,880 shares.
Was the August 27, 2026 RCG insider trade under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is unchecked, and there is no footnote indicating that Jay H. Kesslen’s 1,000-share purchase on 2026-08-27 was made pursuant to a Rule 10b5-1 trading plan.
Is the reported RCG insider transaction a buy or a sell?
The reported transaction is a buy. The Form 4 shows a code “P” transaction with an acquired/disposed code of “A”, and the normalized transaction direction is listed as “buy” for 1,000 shares of Common Stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
