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Horizon Kinetics buys 756 RENN Fund shares at $2.95

RENN Fund, Inc. (RCG) reported an open-market purchase of its common stock by Horizon Kinetics Asset Management LLC, a ten percent owner.

(Neutral)
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Form Type
4

Rhea-AI Filing Summary

RENN Fund, Inc. (RCG) reported an open-market purchase of its common stock by Horizon Kinetics Asset Management LLC, a ten percent owner. On 2026-08-28, Horizon Kinetics Asset Management LLC purchased 756 shares at $2.95 per share, bringing its reported holdings to 959,880 shares. According to a related note, Horizon Kinetics Asset Management LLC, a wholly owned subsidiary of Horizon Kinetics Holding Corporation, serves as investment adviser to RENN Fund, Inc. and has a pecuniary interest in shares held in various managed accounts.

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Insider HORIZON KINETICS ASSET MANAGEMENT LLC
Role 10% Owner
Bought 756 shs ($2K)
Type Security Shares Price Value
Purchase Common Stock F1 756 $2.95 $2K
Holdings After Transaction: Common Stock — 959,880 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.
Shares purchased 756 shares Common Stock acquired on 2026-08-28 by Horizon Kinetics Asset Management LLC
Purchase price per share $2.95 Price per share for the 756 shares of Common Stock purchased on 2026-08-28
Shares held after transaction 959,880 shares Total reported RENN Fund, Inc. Common Stock held by Horizon Kinetics Asset Management LLC following the 2026-08-28 purchase
Net buy shares 756 shares Net buy activity across all reported transactions in this Form 4
ten percent owner regulatory
"HORIZON KINETICS ASSET MANAGEMENT LLC is listed as a ten percent owner"
pecuniary interest financial
"has a pecuniary interest in shares held in various accounts"
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.

FAQ

What insider transaction did RCG disclose for Horizon Kinetics Asset Management LLC?

RCG disclosed that Horizon Kinetics Asset Management LLC purchased 756 shares of RENN Fund, Inc. common stock on 2026-08-28 at $2.95 per share, increasing its reported holdings to 959,880 shares.

At what price were the recent RCG shares purchased by the insider?

The reported purchase price was $2.95 per share for 756 shares of RENN Fund, Inc. common stock acquired on 2026-08-28 by Horizon Kinetics Asset Management LLC.

How many RCG shares does Horizon Kinetics Asset Management LLC hold after this transaction?

After the 2026-08-28 purchase, Horizon Kinetics Asset Management LLC is reported to hold 959,880 shares of RENN Fund, Inc. common stock, reflecting the added 756 shares acquired in this transaction.

What is Horizon Kinetics Asset Management LLC’s relationship to RCG?

Horizon Kinetics Asset Management LLC is a ten percent owner of RENN Fund, Inc. and serves as the fund’s investment adviser. It has a pecuniary interest in RENN Fund, Inc. shares held in various accounts that it manages.

Was the RCG insider trade made under a Rule 10b5-1 trading plan?

The filing indicates the Rule 10b5-1 checkbox is not affirmed for this transaction, and there is no footnote stating that the 2026-08-28 purchase was made pursuant to a Rule 10b5-1 or similar pre-arranged trading plan.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
1270 AVENUE OF THE AMERICAS 27TH FLOOR

(Street)
NEW YORK NEW YORK 10020

(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)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/28/2026P756A$2.95959,880(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-fact08/31/2026
** Signature of Reporting PersonDate
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)