Peter Doyle (RCG) reports purchase of 300 RENN Fund shares at $2.60

Rhea-AI Filing Summary

RENN Fund, Inc. insider Peter Doyle reported a small open-market purchase of common stock. On December 18, 2025, Doyle bought 300 shares of RENN Fund, Inc. common stock at $2.60 per share, held as a direct ownership position.

After this transaction, Doyle directly owned 300 shares of common stock and indirectly held 13,334 shares through his spouse. Doyle is identified as a Co-Portfolio Manager of the fund, and this filing reports his beneficial ownership positions.

Insider Trade Summary

Net Buyer: 300 shares ($780)

Net Buy 2 txns

Insider DOYLE PETER

Role Insider

Bought 300 shs ($780.00)

Type	Security	Shares	Price	Value
Purchase	Common Stock	300	$2.60	$780.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 300 shares (Direct); Common Stock — 13,334 shares (Indirect, Spouse)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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^*

DOYLE PETER

(Last) (First) (Middle)

C/O HORIZON KINETICS LLC

470 PARK AVE S 8TH FL S

(Street)

NEW YORK NY 10016

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
RENN Fund, Inc. [ RCG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Co-Portfolio Manager

3. Date of Earliest Transaction (Month/Day/Year)
12/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	12/18/2025		P		300	A	$2.6	300	D
Common Stock								13,334	I	Spouse

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:

	/s/Jay Kesslen, attorney-in-fact	02/10/2026
	** 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.

FAQ

What insider transaction did Peter Doyle report for RCG on December 18, 2025?

Peter Doyle reported buying 300 shares of RENN Fund, Inc. (RCG) common stock on December 18, 2025 at $2.60 per share. This open-market purchase created a new direct ownership position of 300 shares in the fund’s stock.

How many RCG shares does Peter Doyle own directly and indirectly after this Form 4?

After the reported transaction, Peter Doyle directly owns 300 shares of RENN Fund, Inc. common stock and indirectly holds 13,334 shares through his spouse. The filing distinguishes between these direct and indirect beneficial ownership positions.

What was the purchase price of the RCG shares bought by Peter Doyle?

The 300 RENN Fund, Inc. (RCG) shares were purchased at $2.60 per share. This price is disclosed as the transaction price for the non-derivative common stock acquisition reported on December 18, 2025.

What is Peter Doyle’s role at RENN Fund, Inc. according to the filing?

Peter Doyle is identified as a Co-Portfolio Manager in relation to RENN Fund, Inc. The Form 4 indicates this under the “Other” relationship category, clarifying his professional role with the issuer alongside his reported beneficial ownership.

How is Peter Doyle’s spouse’s RCG share ownership reported in this Form 4?

The filing shows 13,334 RENN Fund, Inc. shares as indirectly owned by Peter Doyle through his spouse. These shares are listed as indirect beneficial ownership, separate from his 300 directly held common shares acquired in the reported transaction.