RENN Fund insider adds 756 shares at $2.95
RENN Fund, Inc. (RCG) reported that Horizon Kinetics Asset Management LLC, a ten percent owner, purchased 756 shares of common stock on 2026-08-26 at $2.95 per share in an open-market or private transaction.
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 2026-08-26 at $2.95 per share in an open-market or private transaction. Following this transaction, Horizon Kinetics Asset Management LLC reports 958,368 shares of common stock with a pecuniary interest in various managed accounts.
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 | $2.95 | $2K |
Holdings After Transaction:
Common Stock — 958,368 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 of Common Stock
Purchase price per share: $2.95 per share
Shares held after transaction: 958,368 shares of Common Stock
3 metrics
Shares purchased
756 shares of Common Stock
Purchase on 2026-08-26 by Horizon Kinetics Asset Management LLC
Purchase price per share
$2.95 per share
Price for the 756 shares of Common Stock acquired on 2026-08-26
Shares held after transaction
958,368 shares of Common Stock
Total shares with reported pecuniary interest following the 2026-08-26 purchase
Key Terms
pecuniary interest, investment adviser, Common Stock
3 terms
pecuniary interest financial
"has a pecuniary interest in shares held in various accounts that it manages"
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.
Common Stock financial
"security_title: "Common Stock" and transaction of 756 shares at $2.95"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did RCG report in this Form 4?
The filing reports that Horizon Kinetics Asset Management LLC purchased 756 shares of RENN Fund, Inc. common stock on 2026-08-26 in an open-market or private transaction at a price of $2.95 per share.
Who is the reporting person in the RCG Form 4 filing?
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.
Was the RCG insider transaction reported under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not checked, so the reported purchase by Horizon Kinetics Asset Management LLC is not identified as made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.