Horizon Kinetics buys RENN Fund common stock

Horizon Kinetics Asset Management LLC, reported as a ten percent owner of RENN Fund, Inc., filed that it purchased 756 shares of Common Stock on July 24, 2026 at $3.02 per share, classified as a purchase in the open market or a private transaction.

Rhea-AI Filing Summary

Horizon Kinetics Asset Management LLC, reported as a ten percent owner of RENN Fund, Inc., filed that it purchased 756 shares of Common Stock on July 24, 2026 at $3.02 per share, classified as a purchase in the open market or a private transaction. After this trade, it reports direct holdings with pecuniary interest in managed accounts of 940,980 shares. The filing indicates this purchase was not made pursuant to a Rule 10b5-1 trading plan.

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 — 940,980 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: $3.02 per share Shares held after transaction: 940,980 shares +2 more

5 metrics

Shares purchased 756 shares Common Stock acquired on July 24, 2026

Purchase price $3.02 per share Price for RENN Fund Common Stock in the reported trade

Shares held after transaction 940,980 shares Direct holdings with pecuniary interest after the July 24, 2026 purchase

Reported buy transactions 1 transaction Number of buy transactions disclosed in this Form 4

Net shares bought 756 shares Net buy shares across all reported transactions in this filing

Key Terms

pecuniary interest, investment adviser, limited liability company

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.

limited liability company financial

"a Delaware limited liability company and wholly owned subsidiary"

A limited liability company (LLC) is a business structure that separates the owners’ personal assets from the company’s debts and legal obligations, like a protective shield that keeps personal savings and property distinct from business risk. For investors, that protection reduces personal financial exposure and often brings flexible rules for profit sharing and taxes, but it can also affect how easily interests are bought or sold and how decisions are made.

FAQ

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

What insider transaction did Horizon Kinetics report for RENN Fund (RCG)?

Horizon Kinetics Asset Management LLC reported buying 756 RENN Fund (RCG) common shares at $3.02 per share on July 24, 2026. This transaction is classified as a purchase in the open market or a private transaction and is disclosed on a Form 4.

How many RENN Fund (RCG) shares does Horizon Kinetics report holding after this Form 4 trade?

Following the reported purchase, Horizon Kinetics lists 940,980 shares of RENN Fund (RCG) Common Stock. The filing notes these are shares in various managed accounts in which it has a pecuniary interest, reflecting its role as investment adviser to the fund.

What price did Horizon Kinetics pay per share in the RENN Fund (RCG) purchase?

The reported purchase price was $3.02 per share for RENN Fund (RCG) Common Stock. This per-share price applies to the 756 shares acquired in the July 24, 2026 transaction described as an open-market or private purchase.

Was the Horizon Kinetics RENN Fund (RCG) purchase under a Rule 10b5-1 plan?

The Form 4 indicates the transaction was not made pursuant to a Rule 10b5-1 trading plan. The document’s Rule 10b5-1 checkbox is left unchecked, so the timing reflects a discretionary purchase rather than execution under a pre-arranged trading plan.

What is Horizon Kinetics’ relationship to RENN Fund (RCG) in this filing?

Horizon Kinetics Asset Management LLC is identified as a ten percent owner of RENN Fund (RCG) and serves as the fund’s investment adviser. It has a pecuniary interest in shares held in various client accounts that it manages for the issuer.

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

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Available on EDGAR 07/27/2026 - 11:58 AM Accepted by SEC EDGAR 07/27/2026 - 11:58 AM Learn about SEC filing dates

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)
07/24/2026

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	07/24/2026		P		756	A	$3.02	940,980(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	07/27/2026
	** 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)