RENN Fund insider buys 756 shares at $2.95
A ten percent owner of RENN Fund, Inc. increased its reported pecuniary interest through a small open-market purchase.
Rhea-AI Filing Summary
RENN Fund, Inc. (RCG) had a Form 4 filed reporting that Horizon Kinetics Asset Management LLC, a ten percent owner, purchased 756 shares of common stock on September 2, 2026 at $2.95 per share. Following this transaction, Horizon Kinetics Asset Management LLC reports 962,148 shares held with a pecuniary interest through accounts it manages. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
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 | $2.95 | $2K |
Holdings After Transaction:
Common Stock — 962,148 shares (Direct)
Footnotes (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: $2.95 per share
Shares held after transaction: 962,148 shares
3 metrics
Shares purchased
756 shares
Common stock purchased on September 2, 2026
Purchase price per share
$2.95 per share
Price paid for RENN Fund, Inc. common stock on September 2, 2026
Shares held after transaction
962,148 shares
Horizon Kinetics Asset Management LLC’s reported holdings after the purchase
Key Terms
pecuniary interest, investment adviser, ten percent owner
3 terms
pecuniary interest financial
"has a pecuniary interest in shares held in various accounts"
investment adviser financial
"serves as the investment adviser to the Issuer"
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 regulatory
"HORIZON KINETICS ASSET MANAGEMENT LLC is a ten percent owner"
FAQ
What insider transaction did RCG disclose in this Form 4?
RCG disclosed that Horizon Kinetics Asset Management LLC purchased 756 shares of RENN Fund, Inc. common stock on September 2, 2026 in an open-market or private transaction at $2.95 per share.
Was the RCG insider trade made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not selected, so the reported purchase of 756 RCG shares was not affirmed as being made under a Rule 10b5-1 trading plan.
Who is the reporting person in this RCG Form 4 filing?
The reporting person is Horizon Kinetics Asset Management LLC, a ten percent owner of RENN Fund, Inc. that serves as the fund’s investment adviser and has a pecuniary interest in shares held in various managed accounts.
Is Horizon Kinetics Asset Management LLC’s ownership in RCG direct or indirect?
The Form 4 classifies ownership as direct, but a footnote explains that Horizon Kinetics Asset Management LLC has a pecuniary interest in shares held in various accounts that it manages as investment adviser.
What type of security was involved in the RCG Form 4 transaction?
The transaction involved Common Stock of RENN Fund, Inc., with 756 shares purchased at a price of $2.95 per share on September 2, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.