Horizon Kinetics buys 756 RENN Fund shares

Horizon Kinetics Asset Management LLC, a more than ten percent owner of RENN Fund, Inc., reported an open-market purchase of 756 shares of common stock at $2.89 per share.

Rhea-AI Filing Summary

Horizon Kinetics Asset Management LLC, a more than ten percent owner of RENN Fund, Inc., reported an open-market purchase of 756 shares of common stock at $2.89 per share. After this transaction, it directly owned 912,252 shares of RENN Fund common stock.

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	756	$2.89	$2K

Holdings After Transaction: Common Stock — 912,252 shares (Direct)

Footnotes (1)

1. F1. Horizon Kinetics Asset Management LLC ("HKAM") serves as the investment adviser to the Issuer and has a pecuniary interest in shares of the Issuer through various accounts that it manages. HKAM is a Delaware limited liability company and a wholly owned subsidiary of Horizon Kinetics Holding Corporation, a Delaware corporation.

Key Figures

Shares purchased: 756 shares Purchase price: $2.89 per share Shares owned after transaction: 912,252 shares

3 metrics

Shares purchased 756 shares Open-market purchase of RENN Fund common stock

Purchase price $2.89 per share Price paid for the 756 shares bought

Shares owned after transaction 912,252 shares Direct holdings following the reported purchase

Key Terms

open-market purchase, pecuniary interest, investment adviser

3 terms

open-market purchase financial

"The transaction was classified as an open-market purchase at $2.89 per share."

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

pecuniary interest financial

"HKAM serves as the investment adviser to the Issuer and has a pecuniary interest in shares of the Issuer."

investment adviser financial

"Horizon Kinetics Asset Management LLC 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 did Horizon Kinetics Asset Management report in this Form 4 for RCG?

Horizon Kinetics Asset Management LLC reported buying 756 RENN Fund shares. The open-market purchase was at $2.89 per share, and following the transaction, it directly held 912,252 shares of RENN Fund, Inc. common stock.

At what price were the RENN Fund (RCG) shares purchased by Horizon Kinetics Asset Management?

The shares were purchased at $2.89 per share. This price applies to the 756 common shares acquired in the open-market transaction reported on the Form 4, reflecting the cost basis for this specific buy order.

How many RENN Fund (RCG) shares does Horizon Kinetics Asset Management own after this transaction?

After the transaction, Horizon Kinetics Asset Management owned 912,252 shares. This figure represents its direct holdings of RENN Fund, Inc. common stock as reported in the Form 4 following the 756-share open-market purchase.

What role does Horizon Kinetics Asset Management have in relation to RENN Fund (RCG)?

Horizon Kinetics Asset Management serves as investment adviser to RENN Fund. According to the footnote, it has a pecuniary interest in shares of the issuer through various managed accounts and is a wholly owned subsidiary of Horizon Kinetics Holding Corporation.

Was the Horizon Kinetics transaction in RENN Fund (RCG) a buy or a sell?

The transaction was a buy of RENN Fund common stock. The Form 4 classifies it as an open-market purchase, coded "P," with 756 shares acquired at $2.89 per share and no reported sales in this filing.

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

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Accepted by SEC EDGAR 06/01/2026 - 12:25 PM EDT 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)
05/29/2026

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	05/29/2026		P		756	A	$2.89	912,252(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 ("HKAM") serves as the investment adviser to the Issuer and has a pecuniary interest in shares of the Issuer through various accounts that it manages. HKAM is a Delaware limited liability company and a wholly owned subsidiary of Horizon Kinetics Holding Corporation, a Delaware corporation.

	/s/ Jay Kesslen, attorney-in-fact	06/01/2026
	** 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)