RENN Fund major holder adds to position

Horizon Kinetics Asset Management LLC, a ten percent owner of RENN Fund, Inc., reported an open-market purchase of 756 shares of common stock on July 14, 2026 at $3.02 per share.

Accepted by SEC EDGAR 07/15/2026 - 12:08 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Horizon Kinetics Asset Management LLC, a ten percent owner of RENN Fund, Inc., reported an open-market purchase of 756 shares of common stock on July 14, 2026 at $3.02 per share. After this transaction, it directly holds 934,932 shares, reflecting a small increase in the stake held through its 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	$3.02	$2K

Holdings After Transaction: Common Stock — 934,932 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: $3.0200 per share Post-transaction holdings: 934,932 shares +2 more

5 metrics

Shares purchased 756 shares Open-market purchase of RENN Fund, Inc. common stock on July 14, 2026

Purchase price $3.0200 per share Price paid by Horizon Kinetics Asset Management LLC for the 756 shares

Post-transaction holdings 934,932 shares Total RENN Fund, Inc. common shares held directly after the transaction

Net buy shares 756 shares Net share change in this Form 4, all from open-market purchases

Ten percent owner status 10% owner Reporting person is identified as a ten percent owner of RENN Fund, Inc.

Key Terms

pecuniary interest, investment adviser, Common Stock, ten percent owner, +1 more

5 terms

pecuniary interest financial

"has a pecuniary interest in shares of the Issuer"

investment adviser financial

"HKAM 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.

Common Stock financial

"security_title: Common Stock"

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.

ten percent owner regulatory

"identified as a ten percent owner of the issuer"

Delaware limited liability company regulatory

"HKAM is a Delaware limited liability company"

FAQ

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

What insider transaction in RENN Fund (RCG) did Horizon Kinetics report?

Horizon Kinetics Asset Management LLC reported an open-market purchase of 756 common shares of RENN Fund, Inc. on July 14, 2026 at $3.02 per share, modestly increasing the position held in its managed accounts.

How many RENN Fund (RCG) shares does Horizon Kinetics hold after this trade?

Following the reported transaction, Horizon Kinetics Asset Management LLC directly holds 934,932 shares of RENN Fund, Inc. common stock. This reflects the previous holdings plus the recent 756-share open-market purchase disclosed in the Form 4.

Was the recent RENN Fund (RCG) insider activity a buy or a sell?

The recent insider activity was a purchase. Horizon Kinetics Asset Management LLC executed an open-market buy of 756 shares of RENN Fund, Inc. common stock at $3.02 per share, with no corresponding sales reported in this filing.

Who is Horizon Kinetics in relation to RENN Fund (RCG)?

Horizon Kinetics Asset Management LLC serves as the investment adviser to RENN Fund, Inc. and has a pecuniary interest in its shares through various accounts it manages, making it a ten percent owner as reflected in the Form 4.

What price did Horizon Kinetics pay for RENN Fund (RCG) shares?

Horizon Kinetics Asset Management LLC bought RENN Fund, Inc. common stock at an average price of $3.02 per share. The transaction involved 756 shares in an open-market purchase reported as a non-derivative transaction.

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

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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)
07/14/2026

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	07/14/2026		P		756	A	$3.02	934,932(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	07/15/2026
	** 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)