RENN Fund insider buys 1,000 shares at $2.93
RENN Fund, Inc. (RCG) officer Jay H. Kesslen, Vice-President, reported purchasing 1,000 shares of common stock on 2026-08-25.
Rhea-AI Filing Summary
RENN Fund, Inc. (RCG) officer Jay H. Kesslen, Vice-President, reported purchasing 1,000 shares of common stock on 2026-08-25. The shares were bought in a transaction classified as a purchase in the open market or a private transaction at a price of $2.93 per share. Following this trade, Kesslen directly holds 45,880 shares of RENN Fund common stock.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
1 txn
Insider
Kesslen Jay H
Role
Vice-President
Bought
1,000 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $2.93 | $3K |
Holdings After Transaction:
Common Stock — 45,880 shares (Direct)
Key Figures
Shares purchased: 1,000 shares of Common Stock
Purchase price per share: $2.93 per share
Shares owned after transaction: 45,880 shares of Common Stock
3 metrics
Shares purchased
1,000 shares of Common Stock
Non-derivative purchase on 2026-08-25
Purchase price per share
$2.93 per share
Purchase of 1,000 shares on 2026-08-25
Shares owned after transaction
45,880 shares of Common Stock
Direct ownership following the 2026-08-25 purchase
Key Terms
open market, Form 4, common stock
3 terms
open market financial
"Purchase in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
Form 4 regulatory
"According to the Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
common stock financial
"1,000 shares of 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.
FAQ
What insider transaction did RCG report for Jay H. Kesslen?
Jay H. Kesslen reported a purchase of 1,000 shares of RENN Fund, Inc. common stock on 2026-08-25, classified as a purchase in the open market or a private transaction at $2.93 per share.
Was the RCG insider transaction a buy or a sell?
The Form 4 reports a buy transaction. Jay H. Kesslen acquired 1,000 shares of RENN Fund, Inc. common stock, coded as a purchase in the open market or a private transaction.
Does the Form 4 indicate any 10b5-1 trading plan for the RCG insider?
The filing’s Rule 10b5-1 checkbox is not marked, and no footnote indicates that this transaction was made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.