RENN Fund (RCG) insider adds to 953K-share stake with $2.80 buy

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 2026-08-18 at $2.80 per share in an open-market or private transaction. Following this trade, the reporting entity held 953,832 shares directly, with a pecuniary interest in shares held across 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	$2.80	$2K

Holdings After Transaction: Common Stock — 953,832 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: $2.80 per share Shares owned after transaction: 953,832 shares +2 more

5 metrics

Shares purchased 756 shares Common Stock acquired on 2026-08-18 by Horizon Kinetics Asset Management LLC

Purchase price $2.80 per share Price for the 756 RENN Fund, Inc. common shares bought

Shares owned after transaction 953,832 shares Direct holdings of Horizon Kinetics Asset Management LLC after the purchase

Net shares bought 756 shares Net buy activity in this Form 4, with no reported sales

Transactions reported 1 transaction Single non-derivative purchase of common stock

Key Terms

ten percent owner, pecuniary interest, investment adviser, open market or private transaction

4 terms

ten percent owner regulatory

"identifies Horizon Kinetics Asset Management LLC as a ten percent owner"

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.

open market or private transaction financial

"Purchase in open market or private transaction"

FAQ

What insider transaction did RCG disclose in this Form 4?

RCG disclosed that Horizon Kinetics Asset Management LLC purchased 756 shares of RENN Fund, Inc. common stock at $2.80 per share, increasing its directly held position to 953,832 shares.

Who is the reporting person in RCG’s latest Form 4 filing?

The reporting person is Horizon Kinetics Asset Management LLC, a wholly owned subsidiary of Horizon Kinetics Holding Corporation and the investment adviser to RENN Fund, Inc., with a pecuniary interest in shares held in various managed accounts.

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

After the reported purchase, Horizon Kinetics Asset Management LLC directly holds 953,832 shares of RENN Fund, Inc. common stock, according to the Form 4’s post-transaction ownership disclosure.

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

The reported transaction shows RENN Fund, Inc. common shares were purchased at $2.80 per share. This price applies to the 756 shares acquired in the open-market or private transaction on 2026-08-18.

Is Horizon Kinetics a significant (ten percent) owner of RCG?

Yes. The Form 4 identifies Horizon Kinetics Asset Management LLC as a ten percent owner of RENN Fund, Inc., reflecting its substantial share position and pecuniary interest in accounts it manages.

Were the RCG insider purchases made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and no footnote states that the 756-share purchase was executed pursuant to such a pre-arranged plan.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/19/2026 - 11:15 AM Accepted by SEC EDGAR 08/19/2026 - 11:14 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

1270 AVENUE OF THE AMERICAS 27TH FLOOR

(Street)

NEW YORK NEW YORK 10020

(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)
08/18/2026

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	08/18/2026		P		756	A	$2.8	953,832(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	08/19/2026
	** 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)