Horizon Kinetics (RCG) increases RENN Fund stake with 756-share open-market buy

Rhea-AI Filing Summary

Horizon Kinetics Asset Management LLC, a ten percent owner of RENN Fund, Inc., purchased 756 shares of Common Stock on August 12, 2026 at $2.90 per share in an open-market or private transaction. Following this trade, it reports 950,808 shares held with a pecuniary interest through 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	$2.90	$2K

Holdings After Transaction: Common Stock — 950,808 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: $2.90 per share Shares held after transaction: 950,808 shares +1 more

4 metrics

Shares purchased 756 shares Common Stock acquired on August 12, 2026

Purchase price $2.90 per share Open-market or private transaction (code P)

Shares held after transaction 950,808 shares Total Common Stock reported following the purchase

Net buy shares 756 shares Net change in holdings across reported transactions

Key Terms

pecuniary interest, investment adviser, ten percent owner

3 terms

pecuniary interest financial

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

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.

ten percent owner financial

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

FAQ

What insider transaction did RENN Fund, Inc. (RCG) report?

RENN Fund, Inc. reported that Horizon Kinetics Asset Management LLC purchased 756 shares of its Common Stock on August 12, 2026 at $2.90 per share, increasing its reported holdings to 950,808 shares.

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

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

How many RCG shares does Horizon Kinetics hold after this transaction?

After purchasing 756 shares, Horizon Kinetics Asset Management LLC reports holding 950,808 shares of RENN Fund, Inc. Common Stock, reflecting its pecuniary interest in shares across client accounts it manages.

At what price were the RCG shares bought in this Form 4 filing?

The reported purchase price was $2.90 per share for 756 shares of RENN Fund, Inc. Common Stock, classified as a purchase in an open market or private transaction under transaction code P.

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

The filing indicates the Rule 10b5-1 checkbox is not checked, so the reported purchase of 756 shares at $2.90 by Horizon Kinetics Asset Management LLC is not affirmed as made under a Rule 10b5-1 trading plan.

Does Horizon Kinetics directly own the RCG shares or hold them for clients?

Horizon Kinetics Asset Management LLC serves as investment adviser and has a pecuniary interest in RCG shares held in various managed accounts, meaning the holdings reflect its economic interest in client portfolios it manages.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/13/2026 - 11:56 AM Accepted by SEC EDGAR 08/13/2026 - 11:56 AM 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

470 PARK AVE S 8TH FL S

(Street)

NEW YORK NEW YORK 10016

(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)
08/12/2026

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	08/12/2026		P		756	A	$2.9	950,808(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	08/13/2026
	** 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)