[Form 4] RENN Fund, Inc. Insider Trading Activity
Insider purchases in RENN Fund, Inc. (RCG): The filing reports multiple purchases of RCG common stock at $2.65 per share. The reporting person, Murray Stahl, acquired 360 shares directly and additional amounts through various indirect accounts, including spouse and affiliated entities, bringing his total reported beneficial ownership in specific accounts to several aggregated positions. The filing discloses both direct ownership of 111,386 shares and multiple indirect interests across named entities and accounts, with reported incremental acquisitions of 360, 18, 180, 180, 296, 18, and 82 shares at the stated price. The reporting person disclaims beneficial ownership of certain indirect accounts except to the extent of any pecuniary interest.
Acquisti di insider in RENN Fund, Inc. (RCG): il deposito riporta multiple operazioni d'acquisto di azioni ordinarie RCG a 2,65 dollari per azione. La persona che segnala, Murray Stahl, ha acquistato direttamente 360 azioni e ulteriori importi tramite vari conti indiretti, tra cui coniuge e entità affiliate, portando la sua proprietà benefica riportata in specifici conti a diverse posizioni aggregate. Il deposito rivela sia la proprietà diretta di 111.386 azioni sia molteplici interessi indiretti tramite entità e conti nominati, con ulteriori acquisizioni incrementali di 360, 18, 180, 180, 296, 18 e 82 azioni al prezzo indicato. La persona che segnala rinuncia alla proprietà benefica di alcuni conti indiretti salvo quanto previsto da eventuali interessi pecuniari.
Compras de insiders en RENN Fund, Inc. (RCG): la presentación reporta múltiples compraventas de acciones ordinarias de RCG a $2.65 por acción. La persona que reporta, Murray Stahl, adquirió 360 acciones directamente y cantidades adicionales a través de varios cuentas indirectas, incluyendo cónyuge y entidades afiliadas, llevando su propiedad beneficiosa reportada en cuentas específicas a varias posiciones agregadas. La presentación divulga tanto la propiedad directa de 111.386 acciones como múltiples intereses indirectos a través de entidades y cuentas nombradas, con adquisiciones incrementales de 360, 18, 180, 180, 296, 18 y 82 acciones al precio indicado. La persona que reporta renuncia a la propiedad beneficiosa de ciertas cuentas indirectas, salvo el alcance de cualquier interés pecuniario.
RENn Fund, Inc. (RCG) 내부자 매매: 제출서는 RCG 보통주를 주당 2.65달러에 다수 매수했다는 내용을 보고합니다. 보고자 Murray Stahl은 직접 360주를 매입했고, 배우자 및 제휴 계정을 포함한 여러 간접 계정을 통해 추가 금액을 취득했으며, 특정 계정에서의 그의 총 보고된 유익 소유권은 여러 누적 위치로 나타납니다. 이 문서는 111,386주의 직접 소유와 명시된 계정과 계좌에 걸친 다수의 간접 지분을 공개하며, 360, 18, 180, 180, 296, 18, 82주가 증가된 추가 매수분으로 보고된 가격으로 제시됩니다. 보고자는 일부 간접 계좌에 대한 유익한 소유권을 금전적 이익이 있을 경우를 제외하고는 포기합니다.
Achat par des initiés dans le RENN Fund, Inc. (RCG) : le dépôt signale plusieurs achats d'actions ordinaires RCG à 2,65 $ par action. La personne qui déclare, Murray Stahl, a acquis directement 360 actions et des montants supplémentaires via divers comptes indirects, y compris le conjoint et des entités affiliées, portant sa propriété bénéficiaire déclarée dans des comptes spécifiques à plusieurs positions agrégées. Le dépôt révèle à la fois une propriété directe de 111 386 actions et de multiples intérêts indirects à travers des entités et comptes nommés, avec des acquisitions incrémentielles de 360, 18, 180, 180, 296, 18 et 82 actions au prix indiqué. La personne déclarante renonce à la propriété bénéficiaire de certains comptes indirects sauf dans la mesure de tout intérêt pécuniaire.
Insiderenkäufe bei RENN Fund, Inc. (RCG): Die Einreichung meldet mehrere Käufe von RCG-Stimmrechten zu 2,65 USD pro Aktie. Die meldende Person, Murray Stahl, erwarb 360 Aktien direkt und zusätzlich Anteile über verschiedene indirekte Konten, einschließlich Ehepartner und verbundener Einheiten, wodurch seine gemeldete wirtschaftliche Eigentümerschaft in bestimmten Konten auf mehrere aggregierte Positionen anwächst. Die Einreichung offenbart sowohl direkte Eigentümerchaft von 111.386 Aktien als auch multiple indirekte Interessen über namentlich aufgeführte Gesellschaften und Konten, mit inkrementellen Zukäufen von 360, 18, 180, 180, 296, 18 und 82 Aktien zum angegebenen Preis. Die meldende Person schließt die wirtschaftlichen Eigentumsrechte an bestimmten indirekten Konten aus, außer im Hinblick auf etwaige geldwerte Interessen.
شراء داخلي في RENN Fund, Inc. (RCG): الإيداع يفيد بعدة عمليات شراء لأسهم RCG العادية بسعر 2.65 دولار للسهم. الشخص المبلِّغ، موراي ستاهر، اشترى 360 سهماً بشكل مباشر وكمّيات إضافية من خلال عدة حسابات غير مباشرة، بما في ذلك الزوج/الزوجة والكيانات المذكلة، مما رفع ملكيته المفيدة المبلغ عنها في حسابات محددة إلى مواقع مجمّعة متعددة. يكشف الإيداع عن ملكية مباشرة لـ 111,386 سهم كما عن مصالح غير مباشرة متعددة عبر جهات وأ حسابات مُسماة، مع مشتريات إضافية incremento بمقادير 360، 18، 180، 180، 296، 18 و 82 سهماً بالسعر المذكور. يتخلى الشخص المبلغ عنه عن الملكية المفيدة لبعض الحسابات غير المباشرة باستثناء الحد الذي يعكس أي مصلحة مالية.
REN N基金（RCG）的内部人购买：申报文件显示多次以每股 2.65 美元 购买 RCG 普通股。申报人穆雷·斯塔尔直接购买了 360 股，并通过包括配偶及相关实体在内的多种间接账户进行额外购买，使其在特定账户中的有益所有权合计呈现为若干聚合头寸。申报既披露直接拥有 111,386 股，也披露跨被命名实体与账户的多项间接权益，且在所述价格下还存在增加的 360、18、180、180、296、18、82 股的增购。申报人对某些间接账户的所有权利益作出否认，除非涉及任何金钱利益。
- Insider purchases executed at a consistent price of $2.65 per share, indicating accumulation rather than sale
- Substantial direct holding disclosed: 111,386 shares held directly by the reporting person
- Transparent disclosure of indirect holdings across spouse and affiliated entities, with explicit disclaimers
- No material negative events are disclosed in this Form 4; transactions are purchases of modest sizes
- Beneficial ownership disclaimers limit clarity on the extent of control or economic interest in indirect accounts
Insights
TL;DR: Multiple insider purchases at $2.65 indicate additional insider accumulation, with notable direct and indirect holdings disclosed.
The filing shows Murray Stahl acquiring modest direct and several indirect blocks of RCG common stock at a uniform price of $2.65 per share. The largest explicitly stated direct holding is 111,386 shares. Several purchases were routed through affiliated entities and a spouse account; the filer disclaims beneficial ownership of some indirect accounts except for any pecuniary interest. For investors, this is an informational disclosure of insider activity rather than an operational update; the transactions are small relative to large-cap market moves but signal the reporting person's continued exposure to RCG equity.
TL;DR: Director/officer purchases reported across direct and indirect accounts, with formal disclaimers on indirect beneficial ownership.
The Form 4 connects the reporting person to the issuer as a director and officer and lists purchases across multiple named indirect accounts and affiliated entities. The document explicitly states disclaimers of beneficial ownership for certain indirect accounts, which is common when holdings are held in managed or affiliated structures. The uniform purchase price and small lot sizes suggest open-market acquisitions rather than an issuance or exercise event. This disclosure complies with Section 16 reporting requirements and clarifies ownership structure without asserting control beyond disclosed pecuniary interests.
Acquisti di insider in RENN Fund, Inc. (RCG): il deposito riporta multiple operazioni d'acquisto di azioni ordinarie RCG a 2,65 dollari per azione. La persona che segnala, Murray Stahl, ha acquistato direttamente 360 azioni e ulteriori importi tramite vari conti indiretti, tra cui coniuge e entità affiliate, portando la sua proprietà benefica riportata in specifici conti a diverse posizioni aggregate. Il deposito rivela sia la proprietà diretta di 111.386 azioni sia molteplici interessi indiretti tramite entità e conti nominati, con ulteriori acquisizioni incrementali di 360, 18, 180, 180, 296, 18 e 82 azioni al prezzo indicato. La persona che segnala rinuncia alla proprietà benefica di alcuni conti indiretti salvo quanto previsto da eventuali interessi pecuniari.
Compras de insiders en RENN Fund, Inc. (RCG): la presentación reporta múltiples compraventas de acciones ordinarias de RCG a $2.65 por acción. La persona que reporta, Murray Stahl, adquirió 360 acciones directamente y cantidades adicionales a través de varios cuentas indirectas, incluyendo cónyuge y entidades afiliadas, llevando su propiedad beneficiosa reportada en cuentas específicas a varias posiciones agregadas. La presentación divulga tanto la propiedad directa de 111.386 acciones como múltiples intereses indirectos a través de entidades y cuentas nombradas, con adquisiciones incrementales de 360, 18, 180, 180, 296, 18 y 82 acciones al precio indicado. La persona que reporta renuncia a la propiedad beneficiosa de ciertas cuentas indirectas, salvo el alcance de cualquier interés pecuniario.
RENn Fund, Inc. (RCG) 내부자 매매: 제출서는 RCG 보통주를 주당 2.65달러에 다수 매수했다는 내용을 보고합니다. 보고자 Murray Stahl은 직접 360주를 매입했고, 배우자 및 제휴 계정을 포함한 여러 간접 계정을 통해 추가 금액을 취득했으며, 특정 계정에서의 그의 총 보고된 유익 소유권은 여러 누적 위치로 나타납니다. 이 문서는 111,386주의 직접 소유와 명시된 계정과 계좌에 걸친 다수의 간접 지분을 공개하며, 360, 18, 180, 180, 296, 18, 82주가 증가된 추가 매수분으로 보고된 가격으로 제시됩니다. 보고자는 일부 간접 계좌에 대한 유익한 소유권을 금전적 이익이 있을 경우를 제외하고는 포기합니다.
Achat par des initiés dans le RENN Fund, Inc. (RCG) : le dépôt signale plusieurs achats d'actions ordinaires RCG à 2,65 $ par action. La personne qui déclare, Murray Stahl, a acquis directement 360 actions et des montants supplémentaires via divers comptes indirects, y compris le conjoint et des entités affiliées, portant sa propriété bénéficiaire déclarée dans des comptes spécifiques à plusieurs positions agrégées. Le dépôt révèle à la fois une propriété directe de 111 386 actions et de multiples intérêts indirects à travers des entités et comptes nommés, avec des acquisitions incrémentielles de 360, 18, 180, 180, 296, 18 et 82 actions au prix indiqué. La personne déclarante renonce à la propriété bénéficiaire de certains comptes indirects sauf dans la mesure de tout intérêt pécuniaire.
Insiderenkäufe bei RENN Fund, Inc. (RCG): Die Einreichung meldet mehrere Käufe von RCG-Stimmrechten zu 2,65 USD pro Aktie. Die meldende Person, Murray Stahl, erwarb 360 Aktien direkt und zusätzlich Anteile über verschiedene indirekte Konten, einschließlich Ehepartner und verbundener Einheiten, wodurch seine gemeldete wirtschaftliche Eigentümerschaft in bestimmten Konten auf mehrere aggregierte Positionen anwächst. Die Einreichung offenbart sowohl direkte Eigentümerchaft von 111.386 Aktien als auch multiple indirekte Interessen über namentlich aufgeführte Gesellschaften und Konten, mit inkrementellen Zukäufen von 360, 18, 180, 180, 296, 18 und 82 Aktien zum angegebenen Preis. Die meldende Person schließt die wirtschaftlichen Eigentumsrechte an bestimmten indirekten Konten aus, außer im Hinblick auf etwaige geldwerte Interessen.
FAQ
What insider activity did RCG (RENN Fund, Inc.) report in this Form 4?
How many shares does Murray Stahl hold directly according to the filing?
Were the purchases executed at varying prices or a single price?
Do indirect holdings in the Form 4 mean the reporter controls those shares?
What relationship does the reporting person have to RENN Fund, Inc.?
