RENN Fund executive buys 1,134 shares at $3.27
RENN Fund, Inc. President and Co-Portfolio Manager Murray Stahl, who is also a ten-percent owner, bought additional common shares in open-market transactions.
Rhea-AI Filing Summary
RENN Fund, Inc. President and Co-Portfolio Manager Murray Stahl, who is also a ten-percent owner, bought additional common shares in open-market transactions. On April 2, 2026, he purchased a total of 1,134 shares at $3.27 per share across direct and indirect accounts.
Following these trades, Stahl held 159,968 shares directly, with additional indirect holdings reported for his spouse and several affiliated entities. For each indirect account, he disclaims beneficial ownership except to the extent of his pecuniary interest, if any.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,134 shares
Net Buy
7 txns
Insider
STAHL MURRAY
Role
President/Co-Portfolio Manager
Bought
1,134 shs ($4K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 360 | $3.27 | $1K |
| Purchase | Common Stock | 18 | $3.27 | $58.86 |
| Purchase | Common Stock | 180 | $3.27 | $588.60 |
| Purchase | Common Stock | 180 | $3.27 | $588.60 |
| Purchase | Common Stock | 296 | $3.27 | $967.92 |
| Purchase | Common Stock | 18 | $3.27 | $58.86 |
| Purchase | Common Stock | 82 | $3.27 | $268.14 |
Holdings After Transaction:
Common Stock — 159,968 shares (Direct);
Common Stock — 5,948 shares (Indirect, Spouse);
Common Stock — 137,748 shares (Indirect, Fromex Equity Corp.);
Common Stock — 323,000 shares (Indirect, FRMO Corp.);
Common Stock — 367,266 shares (Indirect, Horizon Common Inc.);
Common Stock — 12,024 shares (Indirect, Horizon Kinetics Hard
Assets LLC);
Common Stock — 68,434 shares (Indirect, Horizon Kinetics Asset Management LLC)
Footnotes (2)
- F1. This figure does not include 159,968 shares held directly by Mr. Stahl.
- F2. For each indirect account, Mr. Stahl disclaims beneficial ownership except to the extent of his pecuniary interest, if any.
Key Figures
Total shares bought: 1,134 shares
Purchase price: $3.27 per share
Direct holdings after trade: 159,968 shares
+3 more
6 metrics
Total shares bought
1,134 shares
Open-market purchases on April 2, 2026
Purchase price
$3.27 per share
Common Stock buys on April 2, 2026
Direct holdings after trade
159,968 shares
Common Stock held directly by Murray Stahl
Direct shares bought
360 shares
Direct open-market purchase on April 2, 2026
Indirect shares via spouse
18 shares
Spouse account, post-transaction holdings 5,948 shares
Net share change
1,134 shares
Net buy across all reported transactions
Key Terms
open-market purchase, indirect ownership, beneficial ownership, pecuniary interest, +1 more
5 terms
open-market purchase financial
"transaction_action: "open-market purchase" for each Common Stock trade"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"transactions marked ownership_type "indirect" with nature_of_ownership entities"
beneficial ownership financial
"footnote: "disclaims beneficial ownership except to the extent of his pecuniary interest""
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"footnote: "except to the extent of his pecuniary interest, if any""
ten percent owner financial
"is_ten_percent_owner: 1 for reporting person Murray Stahl"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did RENN Fund (RCG) report for Murray Stahl?
Murray Stahl reported open-market purchases of 1,134 RENN Fund common shares on April 2, 2026, at $3.27 per share. These buys were split between his direct holdings and multiple indirect accounts tied to his spouse and affiliated entities.
Which indirect entities are involved in Murray Stahl’s RENN Fund (RCG) holdings?
Indirect RENN Fund holdings are reported under Stahl’s spouse, Fromex Equity Corp., FRMO Corp., Horizon Common Inc., and Horizon Kinetics-affiliated LLCs. He disclaims beneficial ownership of these indirect accounts except for any pecuniary interest he may have.
AI-generated analysis. How Rhea-AI works. Not financial advice.
