Horizon Kinetics adds 756 RENN Fund shares at $2.95

RENN Fund, Inc. (RCG) had an insider-related purchase reported by Horizon Kinetics Asset Management LLC, a ten percent owner.

Rhea-AI Filing Summary

RENN Fund, Inc. (RCG) had an insider-related purchase reported by Horizon Kinetics Asset Management LLC, a ten percent owner. On 2026-08-31, the adviser purchased 756 shares of Common Stock at $2.95 per share, bringing its reported holdings to 960,636 shares. Horizon Kinetics Asset Management LLC, a wholly owned subsidiary of Horizon Kinetics Holding Corporation, serves as investment adviser to RENN Fund and has a pecuniary interest in shares held in various managed accounts.

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	$2.95	$2K

Holdings After Transaction: Common Stock — 960,636 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 of Common Stock Purchase price per share: $2.95 per share Shares owned after transaction: 960,636 shares of Common Stock +2 more

5 metrics

Shares purchased 756 shares of Common Stock Open-market or private purchase on 2026-08-31

Purchase price per share $2.95 per share Price for the 756-share purchase on 2026-08-31

Shares owned after transaction 960,636 shares of Common Stock Total holdings reported following the 2026-08-31 purchase

Net buy shares in this filing 756 shares Net effect across all reported transactions is a net buy

Transaction code P (Purchase in open market or private transaction) Code identifying the nature of the 2026-08-31 transaction

Key Terms

ten percent owner, investment adviser, pecuniary interest, Rule 10b5-1

4 terms

ten percent owner regulatory

"reporting person is marked as a ten percent owner of the issuer"

investment adviser financial

"serves as the investment adviser to the Issuer and has a pecuniary interest"

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.

pecuniary interest financial

"has a pecuniary interest in shares held in various accounts that it manages"

Rule 10b5-1 regulatory

"the Rule 10b5-1 checkbox is unchecked, indicating no trading plan"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

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

Who reported the insider transaction in RCG and in what capacity?

The reporting person is Horizon Kinetics Asset Management LLC, identified as a ten percent owner of RENN Fund, Inc. It is also the investment adviser to RENN Fund and has a pecuniary interest in shares held in various managed accounts.

How many RCG shares were purchased and at what price?

On 2026-08-31, Horizon Kinetics Asset Management LLC purchased 756 shares of RENN Fund, Inc. Common Stock at a price of $2.95 per share in an open-market or private transaction, as indicated by transaction code P.

What is Horizon Kinetics Asset Management LLC’s total RCG holdings after this transaction?

Following the 756-share purchase, Horizon Kinetics Asset Management LLC’s reported holdings in RENN Fund, Inc. Common Stock total 960,636 shares, held with a pecuniary interest across various accounts it manages.

Was the RCG insider transaction made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is unchecked, indicating the reported purchase by Horizon Kinetics Asset Management LLC was not affirmed as made under a Rule 10b5-1 trading plan.

What does the footnote disclose about Horizon Kinetics Asset Management LLC’s interest in RCG shares?

The footnote states that Horizon Kinetics Asset Management LLC serves as the investment adviser to RENN Fund, Inc. and has a pecuniary interest in shares held in various accounts that it manages, reflecting its economic interest in those holdings.

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

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Available on EDGAR 09/01/2026 - 11:54 AM EDT Accepted by SEC EDGAR 09/01/2026 - 11:53 AM EDT 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

1270 AVENUE OF THE AMERICAS 27TH FLOOR

(Street)

NEW YORK NEW YORK 10020

(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)
08/31/2026

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	08/31/2026		P		756	A	$2.95	960,636(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	09/01/2026
	** 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)