RENN Fund insider buys 756 shares at $2.94
A ten percent owner of RENN Fund, Inc. increased its economically interested holdings 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 10, 2026 at $2.94 per share in an open-market or private transaction. Following this trade, accounts managed by Horizon Kinetics Asset Management LLC held 965,928 shares with a pecuniary interest attributed to the adviser. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
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 | $2.94 | $2K |
Holdings After Transaction:
Common Stock — 965,928 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
Purchase price per share: $2.94 per share
Shares held after transaction: 965,928 shares
3 metrics
Shares purchased
756 shares
Common stock bought on September 10, 2026
Purchase price per share
$2.94 per share
Open-market or private purchase on September 10, 2026
Shares held after transaction
965,928 shares
Total RCG common shares with pecuniary interest after the reported trade
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"
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 regulatory
"HORIZON KINETICS ASSET MANAGEMENT LLC is a ten percent owner"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RCG disclose in this Form 4?
RENN Fund, Inc. disclosed that Horizon Kinetics Asset Management LLC purchased 756 shares of RCG common stock on September 10, 2026 at $2.94 per share in an open-market or private transaction.
Who is the reporting person in RCG’s latest Form 4?
The reporting person is Horizon Kinetics Asset Management LLC, a Delaware limited liability company and wholly owned subsidiary of Horizon Kinetics Holding Corporation, which serves as the investment adviser to RENN Fund, Inc.
Does the Form 4 indicate a Rule 10b5-1 trading plan for RCG?
No. The filing indicates that no Rule 10b5-1 trading plan is reported in connection with the September 10, 2026 purchase of RCG shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.