RENN Fund insider buys 756 shares at $3.04

A 10% owner affiliated with RENN Fund (RCG) increased its position through a small open-market purchase.

Rhea-AI Filing Summary

RENN Fund, Inc. (RCG) reported that Horizon Kinetics Asset Management LLC, a ten percent owner, purchased 756 shares of common stock on September 17, 2026 at $3.04 per share. Following this open-market purchase, Horizon Kinetics Asset Management LLC holds 969,708 shares, reflecting its pecuniary interest in accounts it manages as investment adviser.

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	$3.04	$2K

Holdings After Transaction: Common Stock — 969,708 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 Purchase price: $3.04 per share Shares held after transaction: 969,708 shares +2 more

5 metrics

Shares purchased 756 shares Common stock bought on September 17, 2026

Purchase price $3.04 per share Price for the 756 common shares acquired

Shares held after transaction 969,708 shares Total RENN Fund, Inc. common stock after the reported purchase

Net shares bought 756 shares Net change from reported Form 4 transactions

Number of buy transactions 1 transaction Open-market or private purchase reported in this Form 4

Key Terms

pecuniary interest, ten percent owner, investment adviser

3 terms

pecuniary interest financial

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

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.

FAQ

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

What insider transaction did RCG report in this Form 4?

RCG reported that Horizon Kinetics Asset Management LLC purchased 756 shares of RENN Fund, Inc. common stock on September 17, 2026 in an open-market or private transaction at $3.04 per share.

How many RCG shares does Horizon Kinetics Asset Management LLC own after this transaction?

After the September 17, 2026 purchase, Horizon Kinetics Asset Management LLC is reported as holding 969,708 shares of RENN Fund, Inc. common stock with a pecuniary interest in various managed accounts.

What was the purchase price in the RCG insider trade?

The reported purchase price for the RENN Fund, Inc. (RCG) insider transaction was $3.04 per share for 756 shares of common stock acquired on September 17, 2026.

Who is the reporting person in this RCG Form 4 filing?

The reporting person is Horizon Kinetics Asset Management LLC, a ten percent owner of RENN Fund, Inc. and a wholly owned subsidiary of Horizon Kinetics Holding Corporation, serving as investment adviser to the issuer.

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

The filing indicates the Rule 10b5-1 checkbox is not affirmed, and no footnote states that the transaction was made pursuant to a Rule 10b5-1 trading plan.

What does the footnote say about Horizon Kinetics’ interest in RCG shares?

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

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

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Available on EDGAR 09/18/2026 - 12:01 PM Accepted by SEC EDGAR 09/18/2026 - 12:00 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)
09/17/2026

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	09/17/2026		P		756	A	$3.04	969,708(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	09/18/2026
	** 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)