RENN Fund insider buys 1,512 shares at $2.95

A ten percent owner–affiliated adviser acquired 1,512 RENN Fund shares at $2.95 in two early-September 2026 purchases.

Rhea-AI Filing Summary

RENN Fund, Inc. (RCG) reported that Horizon Kinetics Asset Management LLC, a ten percent owner, purchased additional common stock in early September 2026. The adviser bought 756 shares on September 8, 2026 and 756 shares on September 9, 2026 at $2.95 per share in open-market or private transactions. Horizon Kinetics Asset Management LLC serves as investment adviser to RENN Fund and has a pecuniary interest in shares held in various managed accounts, and no Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Net Buyer: 1,512 shares

Net Buy 2 txns

Insider HORIZON KINETICS ASSET MANAGEMENT LLC

Role 10% Owner

Bought 1,512 shs ($4K)

Type	Security	Shares	Price	Value
Purchase	Common Stock F1	756	$2.95	$2K
Purchase	Common Stock F1	756	$2.95	$2K

Holdings After Transaction: Common Stock — 965,172 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 September 8, 2026: 756 shares Shares purchased September 9, 2026: 756 shares Purchase price per share: $2.95 per share +1 more

4 metrics

Shares purchased September 8, 2026 756 shares Common stock acquired by Horizon Kinetics Asset Management LLC

Shares purchased September 9, 2026 756 shares Common stock acquired by Horizon Kinetics Asset Management LLC

Purchase price per share $2.95 per share Price for both September 8 and 9, 2026 common stock purchases

Total shares purchased in reported transactions 1,512 shares Aggregate of both common stock purchases reported in this Form 4

Key Terms

ten percent owner, investment adviser, pecuniary interest

3 terms

ten percent owner regulatory

"HORIZON KINETICS ASSET MANAGEMENT LLC is a ten percent owner"

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.

pecuniary interest financial

"has a pecuniary interest in shares held in various accounts"

FAQ

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

What insider transactions did Horizon Kinetics report for RCG in this Form 4?

Horizon Kinetics Asset Management LLC reported two purchases of RENN Fund common stock: 756 shares on September 8, 2026 and 756 shares on September 9, 2026, both at a price of $2.95 per share in open-market or private transactions.

How many RCG shares did Horizon Kinetics buy in total in this filing?

In total, Horizon Kinetics Asset Management LLC acquired 1,512 shares of RENN Fund common stock across the reported transactions, consisting of 756 shares on each of September 8 and 9, 2026 at $2.95 per share.

At what price did Horizon Kinetics purchase RCG shares?

Horizon Kinetics Asset Management LLC purchased all reported RENN Fund common shares at a price of $2.95 per share, with 756 shares acquired on September 8, 2026 and 756 shares on September 9, 2026.

Was a Rule 10b5-1 trading plan involved in the RCG insider purchases?

No. The filing indicates no Rule 10b5-1 trading plan for these transactions, meaning the purchases of 1,512 shares of RENN Fund common stock on September 8 and 9, 2026 were not reported as made under a pre-arranged trading plan.

In what capacity does Horizon Kinetics hold its interest in RCG shares?

Horizon Kinetics Asset Management LLC acts as investment adviser to RENN Fund and has a pecuniary interest in shares held in various accounts it manages, as disclosed in the footnote to the Form 4 transactions.

What is Horizon Kinetics’ status with respect to RENN Fund, Inc. (RCG)?

Horizon Kinetics Asset Management LLC is reported as a ten percent owner of RENN Fund, Inc. and serves as the fund’s investment adviser, with a pecuniary interest in shares held in managed accounts.

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

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Available on EDGAR 09/10/2026 - 01:14 PM Accepted by SEC EDGAR 09/10/2026 - 01:14 PM 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)
09/08/2026

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	09/08/2026		P		756	A	$2.95	964,416(1)	D
Common Stock	09/09/2026		P		756	A	$2.95	965,172(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	09/10/2026
	** 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)