Horizon Kinetics buys 756 RENN Fund shares
RENN Fund, Inc. (RCG) reported an insider Form 4 showing that Horizon Kinetics Asset Management LLC, a ten percent owner, purchased 756 shares of Common Stock on 2026-08-20 at $2.95 per share in an open-market or private transaction.
Rhea-AI Filing Summary
RENN Fund, Inc. (RCG) reported an insider Form 4 showing that Horizon Kinetics Asset Management LLC, a ten percent owner, purchased 756 shares of Common Stock on 2026-08-20 at $2.95 per share in an open-market or private transaction. Following this transaction, accounts managed by Horizon Kinetics Asset Management LLC held 955,344 shares, in which it has a pecuniary interest.
Positive
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Negative
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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 — 955,344 shares (Direct)
Footnotes (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 held after transaction: 955,344 shares
3 metrics
Shares purchased
756 shares of Common Stock
Open-market or private purchase on 2026-08-20
Purchase price per share
$2.95 per share
Price for the 756-share purchase on 2026-08-20
Shares held after transaction
955,344 shares
Post-transaction holdings in accounts managed by Horizon Kinetics Asset Management LLC
Key Terms
ten percent owner, investment adviser, pecuniary interest
3 terms
ten percent owner regulatory
"HORIZON KINETICS ASSET MANAGEMENT LLC is listed as a ten percent owner"
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"
FAQ
What insider transaction in RCG was reported in this Form 4?
The Form 4 reports that Horizon Kinetics Asset Management LLC purchased 756 shares of RENN Fund, Inc. Common Stock on 2026-08-20 at $2.95 per share in an open-market or private transaction.
Who is the reporting person in this RCG Form 4 filing?
The reporting person is Horizon Kinetics Asset Management LLC, a Delaware limited liability company and wholly owned subsidiary of Horizon Kinetics Holding Corporation. It serves as the investment adviser to RENN Fund, Inc.
What is Horizon Kinetics Asset Management LLC’s relationship to RENN Fund, Inc. (RCG)?
Horizon Kinetics Asset Management LLC serves as the investment adviser to RENN Fund, Inc. and has a pecuniary interest in RCG shares held in various accounts that it manages.
Was the RCG insider trade made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmatively marked, and there is no footnote stating that the 756-share purchase was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.