RENN Fund, Inc. (RCG) holder adds 756 shares in open-market purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Horizon Kinetics Asset Management LLC, a 10% owner and investment adviser to RENN Fund, Inc., made an open-market purchase of 756 shares of Common Stock at $3.00 per share on July 13, 2026, bringing its direct holdings to 934,176 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 756 shares ($2,268)
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 | 756 | $3.00 | $2K |
Holdings After Transaction:
Common Stock — 934,176 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 756 shares
Purchase price: $3.00 per share
Shares owned after transaction: 934,176 shares
+1 more
4 metrics
Shares purchased
756 shares
Common Stock open-market purchase on July 13, 2026
Purchase price
$3.00 per share
Price paid for 756 shares of Common Stock
Shares owned after transaction
934,176 shares
Direct Common Stock holdings following the July 13, 2026 purchase
Net shares bought
756 shares
Net buy volume reported across all transactions in this filing
Key Terms
pecuniary interest, investment adviser, ten percent owner, open-market purchase
4 terms
pecuniary interest financial
"has a pecuniary interest in shares of the Issuer through various accounts"
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
"identified as a ten percent owner of RENN Fund, Inc."
open-market purchase financial
"transaction_action is described as an 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.
FAQ
What insider transaction did Horizon Kinetics report for RCG?
Horizon Kinetics Asset Management LLC reported buying 756 shares of RENN Fund, Inc. Common Stock at $3.00 per share on July 13, 2026, raising its direct holdings to 934,176 shares.
Was the Horizon Kinetics transaction in RCG a buy or a sell?
The reported transaction was a buy. Horizon Kinetics Asset Management LLC executed an open-market purchase of 756 shares of RENN Fund, Inc. Common Stock, with no sales reported in this transaction summary.