RENN Fund holder Horizon Kinetics buys 756 shares

Horizon Kinetics Asset Management LLC, a ten percent owner of RENN Fund, Inc., reported purchasing 756 shares of common stock on July 17, 2026 at $3.02 per share, increasing its direct holdings to 937,200 shares.

Accepted by SEC EDGAR 07/20/2026 - 11:58 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Horizon Kinetics Asset Management LLC, a ten percent owner of RENN Fund, Inc., reported purchasing 756 shares of common stock on July 17, 2026 at $3.02 per share, increasing its direct holdings to 937,200 shares. Horizon Kinetics serves as the investment adviser to RENN Fund and has a pecuniary interest in shares held in various managed accounts.

Insider Trade Summary

Net Buyer: 756 shares

Net Buy 1 txn

Insider HORIZON KINETICS ASSET MANAGEMENT LLC

Role 10% Owner

Bought 756 shs ($2K)

Type	Security	Shares	Price	Value
Purchase	Common Stock F1	756	$3.02	$2K

Holdings After Transaction: Common Stock — 937,200 shares (Direct)

Footnotes (1)

1. F1. Horizon Kinetics Asset Management LLC, a Delaware limited liability company and wholly owned subsidiary of Horizon Kinetics Holding Corporation, serves as the investment adviser to the Issuer and has a pecuniary interest in shares held in various accounts that it manages.

Key Figures

Shares purchased: 756 shares Purchase price per share: $3.02 per share Shares held after transaction: 937,200 shares

3 metrics

Shares purchased 756 shares Common stock transaction on July 17, 2026

Purchase price per share $3.02 per share Price for the 756 common shares acquired

Shares held after transaction 937,200 shares Direct holdings with pecuniary interest after the purchase

Key Terms

pecuniary interest, investment adviser, ten percent owner, Rule 10b5-1

4 terms

pecuniary interest financial

"has a pecuniary interest in shares held in various accounts that it manages"

investment adviser financial

"serves as the investment adviser to the Issuer and has a pecuniary interest"

An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.

ten percent owner financial

"Horizon Kinetics Asset Management LLC is identified as a ten percent owner"

Rule 10b5-1 regulatory

"The Form 4’s Rule 10b5-1 checkbox is not marked as affirmative"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Horizon Kinetics report in its latest Form 4 for RENN Fund (RCG)?

Horizon Kinetics Asset Management reported a purchase of 756 RENN Fund common shares on July 17, 2026 at $3.02 per share. After this transaction, it reported 937,200 shares held directly with a pecuniary interest through accounts it manages.

How many RENN Fund (RCG) shares did Horizon Kinetics buy and at what price?

Horizon Kinetics bought 756 shares of RENN Fund common stock at $3.02 per share. The transaction was coded as a purchase of non-derivative common stock, reflecting an increase in its reported direct holdings associated with managed accounts.

What is Horizon Kinetics’ total reported holding in RENN Fund (RCG) after this trade?

Following the reported transaction, Horizon Kinetics’ direct position is 937,200 RENN Fund shares. The firm has a pecuniary interest in these shares, which are held in various client accounts that it manages as investment adviser to the fund.

Was Horizon Kinetics’ RENN Fund (RCG) trade made under a Rule 10b5-1 plan?

The Form 4’s Rule 10b5-1 checkbox is not marked as affirmative, and the footnotes do not describe the purchase as made under a Rule 10b5-1 trading plan. The filing characterizes it simply as a reported purchase of common stock.

What role does Horizon Kinetics play in relation to RENN Fund (RCG)?

Horizon Kinetics Asset Management LLC serves as the investment adviser to RENN Fund, Inc. It has a pecuniary interest in shares held across various accounts it manages, linking its economic exposure to the fund’s common stock held for clients.

Is Horizon Kinetics considered a large shareholder of RENN Fund (RCG)?

Yes. The reporting information identifies Horizon Kinetics Asset Management as a ten percent owner of RENN Fund, Inc. The Form 4 shows it with 937,200 shares following the latest purchase, representing its reported direct holdings tied to managed accounts.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

HORIZON KINETICS ASSET MANAGEMENT LLC

(Last) (First) (Middle)

C/O HORIZON KINETICS LLC

470 PARK AVE S 8TH FL S

(Street)

NEW YORK NEW YORK 10016

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
RENN Fund, Inc. [ RCG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	07/17/2026		P		756	A	$3.02	937,200(1)	D

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:

1. Horizon Kinetics Asset Management LLC, a Delaware limited liability company and wholly owned subsidiary of Horizon Kinetics Holding Corporation, serves as the investment adviser to the Issuer and has a pecuniary interest in shares held in various accounts that it manages.

	/s/ Jay Kesslen, attorney-in-fact	07/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)