STOCK TITAN

Horizon Kinetics (RCG) adds to RENN Fund position with share purchase

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Horizon Kinetics Asset Management LLC, a ten percent owner of RENN Fund, Inc., bought 756 shares of common stock in an open-market purchase at $2.93 per share on June 30, 2026. Following this trade, it directly holds 928,128 shares, reflecting a small addition to its existing position.

Positive

  • None.

Negative

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Insider HORIZON KINETICS ASSET MANAGEMENT LLC
Role null
Bought 756 shs ($2K)
Type Security Shares Price Value
Purchase Common Stock 756 $2.93 $2K
Holdings After Transaction: Common Stock — 928,128 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares purchased 756 shares Open-market purchase on June 30, 2026
Purchase price $2.93 per share Price for the 756-share buy
Shares held after transaction 928,128 shares Total direct holdings following the trade
Net shares bought 756 shares Net buy shares in this Form 4
Buy transactions count 1 transaction Number of buy trades reported
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
pecuniary interest financial
"has a pecuniary interest in shares of the Issuer"
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 financial
""is_ten_percent_owner": 1"
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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
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)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
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 Stock06/30/2026P756A$2.93928,128(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 ("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.
/s/ Jay Kesslen, attorney-in-fact07/01/2026
** 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)

FAQ

What insider transaction did Horizon Kinetics report in RCG on June 30, 2026?

Horizon Kinetics Asset Management LLC reported buying 756 shares of RENN Fund, Inc. common stock at $2.93 per share on June 30, 2026. This was an open-market purchase reported on Form 4 for ticker RCG.

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

After the June 30, 2026 trade, Horizon Kinetics Asset Management LLC holds 928,128 shares of RENN Fund, Inc. common stock. This total reflects its direct ownership position following the 756-share open-market purchase disclosed in the Form 4 filing.

Was the Horizon Kinetics RENN Fund (RCG) transaction a buy or a sell?

The transaction was a buy. Horizon Kinetics Asset Management LLC executed an open-market purchase of 756 RENN Fund, Inc. common shares at $2.93 each, as indicated by transaction code P and the buy classification in the Form 4 data.

What is the price per share in Horizon Kinetics’ latest RCG insider purchase?

Horizon Kinetics Asset Management LLC paid $2.93 per share for 756 RENN Fund, Inc. common shares. This price comes directly from the Form 4 transaction data and applies specifically to the June 30, 2026 open-market purchase reported for ticker RCG.

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

Horizon Kinetics Asset Management LLC serves as investment adviser to RENN Fund, Inc. and has a pecuniary interest in its shares through various managed accounts. The Form 4 also identifies Horizon Kinetics as a ten percent owner of the issuer’s common stock.