RENN Fund officer reports small dividend reinvestment share purchase
RENN Fund, Inc. officer and CCO & Secretary Russell Grimaldi reported a small routine share acquisition.
Rhea-AI Filing Summary
RENN Fund, Inc. officer and CCO & Secretary Russell Grimaldi reported a small routine share acquisition. On 12/29/2025, he acquired 3 shares of RENN Fund common stock at a price of $2.63 per share. This transaction was reported as a purchase and brought his directly held beneficial ownership to 415 shares after the transaction.
The filing notes that the acquisition resulted from an automatic investment as part of a dividend reinvestment, meaning dividends paid on existing holdings were used to buy additional shares rather than taken in cash.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3 | $2.63 | $7.89 |
Footnotes (1)
- F1. Automatic investment as part of a dividend reinvestment.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RENN Fund, Inc. (RCG) report?
The filing reports that an officer of RENN Fund, Inc. acquired 3 shares of common stock on 12/29/2025 at $2.63 per share.
Who is the insider involved in this RCG Form 4 filing and what is their role?
The insider is Russell Grimaldi, who serves as an officer of RENN Fund, Inc., with the titles CCO & Secretary.
Was the RENN Fund (RCG) insider transaction a purchase or sale?
The transaction was coded as a purchase (P) of common stock, not a sale or disposition.
Does this RCG Form 4 involve any derivative securities?
The provided information shows details only for non-derivative common stock, with no derivative securities reported in Table II.
AI-generated analysis. How Rhea-AI works. Not financial advice.