RENN Fund director buys 756 shares at $3.02
Horizon Kinetics Asset Management LLC, a more than ten percent owner of RENN Fund, Inc., reported an open-market purchase of 756 shares of common stock at $3.02 per share on July 10, 2026.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Horizon Kinetics Asset Management LLC, a more than ten percent owner of RENN Fund, Inc., reported an open-market purchase of 756 shares of common stock at $3.02 per share on July 10, 2026. Following this transaction, it holds 933,420 shares directly, reflecting its pecuniary interest through accounts it manages as investment adviser to the fund.
Filing Explained
On July 10, 2026, the purchase increased the 10% owner’s reported direct holding to 933,420 shares; no issuer-level issuance is disclosed.
The
Under the supplied Form 4 code definitions, transaction code P means an open-market purchase, so the disclosed state is a completed acquisition by the reporting person rather than an issuer share issuance.
The filing does not disclose a Rule 10b5-1 trading plan for this transaction, and its explanation states that HKAM serves as the issuer’s investment adviser and has a pecuniary interest through managed accounts.
Platform records list 10 insider transactions during the 90-day period analyzed, totaling 7,560 shares bought and no shares sold, including purchases dated
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 756 | $3.02 | $2K |
Footnotes (1)
- F1. Horizon Kinetics Asset Management LLC ("HKAM") serves as the investment adviser to the Issuer and has a pecuniary interest in shares of the Issuer through various accounts that it manages. HKAM is a Delaware limited liability company and a wholly owned subsidiary of Horizon Kinetics Holding Corporation, a Delaware corporation.
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