RENN Fund (RCG) Form 4 Filings

Murray Stahl, President/Co-Portfolio Manager and a 10% owner of RENN Fund, Inc., reported multiple open-market purchases of the fund’s common stock on January 15, 2026 at $2.64 per share. He bought 360 shares directly, bringing his direct holdings to 140,894 common shares.

Additional purchases at the same price were reported in accounts associated with his spouse and several entities, including Fromex Equity Corp., FRMO Corp., Horizon Common Inc., Horizon Kinetics Hard Assets LLC, and Horizon Kinetics Asset Management LLC, with post-transaction holdings such as 4,994 shares for the spouse account, 128,208 for Fromex Equity Corp., and 351,578 for Horizon Common Inc. Stahl disclaims beneficial ownership in each indirect account except to the extent of any pecuniary interest.

RENN Fund, Inc. insider activity: President and Co-Portfolio Manager Murray Stahl, who is also a 10% owner of RENN Fund, Inc. (RCG), reported multiple open-market purchases of common stock on January 14, 2026 at a price of $2.68 per share.

The filing shows a direct purchase of 360 shares, bringing his directly held position to 140,534 common shares. Additional purchases were made in various indirect accounts, including 18 shares held through his spouse and separate blocks of shares held through entities such as Fromex Equity Corp., FRMO Corp., Horizon Common Inc., Horizon Kinetics Hard Assets LLC, and Horizon Kinetics Asset Management LLC.

The footnotes state that shares in each indirect account are reported with Murray Stahl disclaiming beneficial ownership except to the extent of his pecuniary interest, if any, and clarify that the indirect figures do not include the 140,534 shares he holds directly.

RENN Fund, Inc. reported insider and affiliated purchases of its common stock. On January 13, 2026, President and Co-Portfolio Manager Murray Stahl, who is also a 10% owner, directly purchased 360 shares of RENN Fund common stock at $2.65 per share, bringing his directly held amount to 140,174 shares.

Additional purchases at $2.65 per share were made in accounts associated with him: a spouse account bought 18 shares, and entities including Fromex Equity Corp., FRMO Corp., Horizon Common Inc., Horizon Kinetics Hard Assets LLC, and Horizon Kinetics Asset Management LLC bought between 18 and 296 shares each. The filing notes that these indirect accounts together hold tens of thousands of shares after the transactions and that Stahl disclaims beneficial ownership in these indirect holdings except to the extent of his pecuniary interest.

RENN Fund president and 10% owner Murray Stahl reported multiple open‑market purchases of the company’s common stock. On January 12, 2026, he bought 360 shares directly at $2.61 per share, bringing his direct holdings to 139,814 shares. On the same date, additional purchases of 18 to 296 shares each at $2.61 per share were made through accounts associated with his spouse, Fromex Equity Corp., FRMO Corp., Horizon Common Inc., Horizon Kinetics Hard Assets LLC, and Horizon Kinetics Asset Management LLC. The filing states that Stahl disclaims beneficial ownership of these indirect positions except to the extent of his pecuniary interest.

Murray Stahl, President/Co-Portfolio Manager and a 10% owner of RENN Fund, Inc. (RCG), reported buying the company’s common stock on January 9, 2026 at $2.60 per share. The filing shows a direct purchase of 360 shares, after which he directly held 139,454 common shares. Additional purchases were reported in accounts held by his spouse and several related entities, including Fromex Equity Corp., FRMO Corp., Horizon Common Inc., Horizon Kinetics Hard Assets LLC, and Horizon Kinetics Asset Management LLC. The footnotes state that for each indirect account, Stahl disclaims beneficial ownership except to the extent of his pecuniary interest, if any.

RENN Fund, Inc. president and co-portfolio manager Murray Stahl, who is also a 10% owner, reported multiple open-market purchases of the fund’s common stock on January 8, 2026 at $2.60 per share. The filing shows a direct purchase of 360 shares, bringing his directly held position to 139,094 shares.

Additional purchases at the same price were reported in accounts categorized as indirect holdings, including 18 shares in a spouse account and various amounts held through entities such as Fromex Equity Corp., FRMO Corp., Horizon Common Inc., Horizon Kinetics Hard Assets LLC, and Horizon Kinetics Asset Management LLC. The filing notes that Stahl disclaims beneficial ownership in each indirect account except to the extent of his pecuniary interest.

RENN Fund, Inc. insider reporting shows that President and Co-Portfolio Manager Murray Stahl, who is also a 10% owner, reported multiple open-market purchases of RCG common stock on 01/07/2026 at $2.64 per share. He acquired 360 shares directly, bringing his directly held position to 138,734 shares. Additional purchases at the same price were made in accounts reported as indirectly owned, including 18 shares held by his spouse and blocks of 180 shares each for Fromex Equity Corp. and FRMO Corp. The filing also reports post-transaction indirect holdings such as 349,802 shares for Horizon Common Inc. and 312,380 shares for FRMO Corp. Stahl disclaims beneficial ownership of each indirect account except to the extent of his pecuniary interest, if any.

RENN Fund, Inc. reported insider share purchases by Mr. Stahl, its President/Co-Portfolio Manager and a director, in a Form 4 dated for transactions on 01/06/2026. He bought 360 shares of RENN Fund common stock directly at $2.6 per share, increasing his directly held position to 138,374 shares.

On the same date, additional small purchases at $2.6 per share were reported in several indirect accounts, including a spouse account and entities such as FROMEX EQUITY CORP, FRMO CORP, Horizon Common Inc., Horizon Kinetics Hard Assets LLC, and Horizon Kinetics Asset Management LLC. The filing notes that, for each indirect account, Mr. Stahl disclaims beneficial ownership except to the extent of his pecuniary interest, if any.

RENN Fund, Inc. insider Mr. Stahl, who serves as President/Co-Portfolio Manager and is a 10% owner, reported multiple open-market purchases of the company’s common stock on 01/05/2026. Each transaction was coded “P” for a purchase.

He bought 360 shares directly at $2.64 per share, bringing his directly held stake to 138,014 shares. Additional purchases at the same price were made in several indirect accounts, including 18 shares in a spouse account and blocks of 180, 180, 296, 18, and 82 shares through entities such as FROMEX EQUITY CORP, FRMO CORP, HORIZON COMMON INC., Horizon Kinetics Hard Assets LLC, and Horizon Kinetics Asset Management LLC.

Following these trades, the form reports updated indirect beneficial holdings in each account, while noting that Mr. Stahl disclaims beneficial ownership in the indirect accounts except to the extent of his pecuniary interest.

RENN Fund, Inc. insider Mr. Stahl, who is a director, president, and 10% owner, reported multiple open‑market purchases of common stock on 01/02/2026 at $2.59 per share. He bought 360 shares directly, bringing his direct holdings to 137,654 shares. Additional small purchases were made in several indirect accounts, including a spouse account and entities such as Fromex Equity Corp, FRMO Corp, Horizon Common Inc., Horizon Kinetics Hard Assets LLC, and Horizon Kinetics Asset Management LLC, each at the same price and increasing their reported holdings modestly. The filing notes that these indirect figures do not include his directly held 137,654 shares and that he disclaims beneficial ownership in the indirect accounts beyond his pecuniary interest, if any.

RENN Fund, Inc. filed an insider trading report for a company officer who is also a director and 10% owner. On 12/31/2025, this person reported multiple open‑market purchases of RENN Fund common stock at $2.62 per share.

The transactions included a direct purchase of 360 shares, bringing the officer’s directly held stake to 137,294 shares. Additional purchases were made through several indirect accounts, including a spouse’s account and entities such as FROMEX EQUITY CORP, FRMO CORP, HORIZON COMMON INC., Horizon Kinetics Hard Assets LLC, and Horizon Kinetics Asset Management LLC. The officer disclaims beneficial ownership of these indirect holdings except to the extent of any pecuniary interest.

RENN Fund, Inc. disclosed that a senior insider made several open-market purchases of its common stock on 12/30/2025 at a price of $2.61 per share. The reporting person, identified in the footnotes as Mr. Stahl, is a director, 10% owner, and serves as President/Co-Portfolio Manager.

The transactions included a direct purchase of common stock and additional purchases in accounts held by his spouse and several affiliated entities, with each account’s beneficial holdings reported after the trades. Following these transactions, he reported 136,934 shares held directly, along with separate indirect beneficial ownership positions in those related accounts.

RENN Fund, Inc. director reported a small automatic share purchase through the company’s dividend reinvestment plan. On 12/29/2025, the director acquired 5 shares of common stock at a price of $2.64 per share, coded as a purchase transaction. This increased the director’s beneficial ownership to 658 shares of RENN Fund common stock held directly. The filing notes that the transaction resulted from an automatic investment as part of a dividend reinvestment, meaning cash dividends were used to buy additional shares rather than being paid out.

RENN Fund, Inc. officer and CCO & Secretary Russell Grimaldi reported a small routine share acquisition. On 12/29/2025, he acquired 3 shares of RENN Fund common stock at a price of $2.63 per share. This transaction was reported as a purchase and brought his directly held beneficial ownership to 415 shares after the transaction.

The filing notes that the acquisition resulted from an automatic investment as part of a dividend reinvestment, meaning dividends paid on existing holdings were used to buy additional shares rather than taken in cash.

RENN Fund, Inc. officer and vice president Jay Kesslen reported a small automatic increase in his ownership of the company’s common stock. On 12/29/2025, he acquired 17 shares of RENN Fund, Inc. common stock at $ 2.63 per share, described as an automatic investment as part of a dividend reinvestment program. Following this transaction, he beneficially owned 42,880 shares held directly.

RENN Fund, Inc. insider Murray Stahl, who serves as President, Co-Portfolio Manager, Director and a 10% owner of RCG, reported multiple open‑market purchases of common stock on 12/29/2025. Each trade is coded "P" for a purchase.

Stahl bought 360 RENN Fund common shares at $2.65 per share in a direct account, bringing his directly held stake to 136,574 shares. He also reported additional purchases at $2.65 per share through several indirect accounts, including family and affiliated entities.

Following these trades, reported indirect holdings include 4,778 shares held by his spouse, 126,048 shares through FROMEX EQUITY CORP, 311,300 shares through FRMO CORP, 348,026 shares through HORIZON COMMON INC., 10,854 shares through Horizon Kinetics Hard Assets LLC, and 63,104 shares through Horizon Kinetics Asset Management LLC. Stahl disclaims beneficial ownership of the indirect accounts except to the extent of his pecuniary interest.

RENN Fund, Inc. director reported a small open-market purchase of company stock. On 12/29/2025, the reporting person bought 19 shares of common stock at a price of $2.63 per share, coded as a purchase transaction. Following this trade, the director beneficially owns 2,369 shares of RENN Fund, Inc. common stock in direct ownership. The filing is made on Form 4 for a single reporting person and reflects activity in non-derivative securities only.

RENN Fund, Inc. insider transactions show the President/Co-Portfolio Manager and director buying additional common shares on 12/26/2025 at $2.65 per share. The reporting person acquired 360 shares held directly, bringing direct ownership to 136,214 shares. Additional purchases were made through several indirect accounts, including 18 shares attributed to a spouse and multiple blocks ranging from 18 to 296 shares through entities such as FROMEX EQUITY CORP, FRMO CORP, Horizon-related entities, and asset management affiliates.

The indirect positions following these trades include, among others, 4,760 shares via a spouse and larger stakes such as 311,120 shares via FRMO CORP and 347,730 shares via HORIZON COMMON INC., with the reporting person disclaiming beneficial ownership in the indirect accounts except to the extent of any pecuniary interest.

RENN Fund, Inc. insider Murray Stahl reported multiple open-market purchases of RCG common stock on 12/24/2025. He serves as a director and as President/Co-Portfolio Manager of the fund.

Stahl bought 360 shares directly at $2.65 per share, bringing his direct holdings to 135,854 shares. Additional purchases at the same price were made in accounts attributed to his spouse and several related entities, with post-transaction balances of 4,742 shares for his spouse and indirect holdings including 125,688 shares at FROMEX EQUITY CORP, 310,940 shares at FRMO CORP, 347,434 shares at Horizon Common Inc., and 62,940 shares at Horizon Kinetics Hard Assets LLC.

The filing notes that, for each indirect account, Stahl disclaims beneficial ownership except to the extent of his pecuniary interest, if any.

RENN Fund, Inc. reported an insider share purchase by its President and Co-Portfolio Manager, who is also a director and 10% owner. On 12/23/2025, he bought multiple small blocks of RENN Fund common stock at $2.65 per share, both in his own name and through several related accounts.

After these purchases, he directly held 135,494 shares. Additional shares were held indirectly through his spouse and entities such as FROMEX EQUITY CORP, FRMO CORP, Horizon Common Inc., and Horizon Kinetics Hard Assets LLC and Horizon Kinetics Asset Management LLC, with the filing noting that he disclaims beneficial ownership in these indirect accounts except to the extent of any pecuniary interest.

RENN Fund, Inc. insider Mr. Stahl, who serves as President, Co-Portfolio Manager, director and a 10% owner, reported multiple purchases of the company’s common stock on 12/22/2025. The transactions were open-market purchases at a price of $2.6 per share.

Following these trades, Mr. Stahl holds 135,134 shares directly. Additional shares are held indirectly through his spouse and several related entities, including FROMEX Equity Corp, FRMO Corp, Horizon Common Inc., Horizon Kinetics Hard Assets LLC, and Horizon Kinetics Asset Management LLC, with Mr. Stahl disclaiming beneficial ownership in those accounts except to the extent of his pecuniary interest.

RENN Fund, Inc. insider Murray Stahl reported buying additional shares of the company’s common stock. On 12/19/2025, he purchased 360 shares directly at $2.65 per share, and several small additional amounts at the same price in accounts held by his spouse and affiliated entities. Following these transactions, he reports direct ownership of 134,774 shares, with further indirect holdings in multiple related accounts. Stahl is listed as the fund’s President/Co-Portfolio Manager and a 10% owner, and he states that he disclaims beneficial ownership of the indirect accounts except to the extent of any pecuniary interest.

RENN Fund, Inc. insider activity shows its President and Co-Portfolio Manager, who is also a director and 10% owner, reporting multiple open-market purchases of common stock on 12/18/2025. The filing lists a direct purchase of 360 shares at $2.65 per share, bringing the directly held amount to 134,414 shares. Additional purchases at the same price were made through several indirect accounts, including a spouse and affiliated entities such as FROMEX EQUITY CORP, FRMO CORP, Horizon-related entities, and Horizon Kinetics Asset Management LLC, increasing their respective reported indirect holdings. The reporting person states that for each indirect account, beneficial ownership is disclaimed except to the extent of any pecuniary interest.

RENN Fund, Inc. (RCG) insider Mr. Stahl, the company’s President, Co-Portfolio Manager, and director, reported buying common stock on 12/17/2025 at $2.65 per share.

He bought 360 shares directly and additional small amounts through several indirect accounts, including 18 shares via his spouse and 180 shares each through FROMEX EQUITY CORP and FRMO CORP. Following these transactions, he held 134,054 shares directly and reported indirect holdings such as 4,652 shares through his spouse and 124,788 shares through FROMEX EQUITY CORP. For each indirect account, he disclaims beneficial ownership except to the extent of his pecuniary interest, if any.

RENN Fund, Inc. insider Mr. Stahl, who serves as a director, president/co-portfolio manager and is a 10% owner, reported multiple open-market purchases of the fund’s common stock on 12/16/2025.

He bought 360 shares directly at $2.64 per share, bringing his direct holdings to 133,694 shares. Additional purchases at the same price occurred in accounts associated with his spouse and several entities, including 18 shares in a spouse account (4,634 shares after the trade) and 180 shares in FROMEX EQUITY CORP (124,608 shares after). Related accounts also report 309,860 shares in FRMO CORP, 345,658 shares in HORIZON COMMON INC., 10,710 shares in Horizon Kinetics Hard Assets LLC and 62,448 shares in Horizon Kinetics Asset Management LLC, where he disclaims beneficial ownership except to the extent of any pecuniary interest.

RENN Fund, Inc. insider Mr. Stahl, who serves as a director, president and co‑portfolio manager and is a 10% owner, reported multiple purchases of the company’s common stock dated 12/15/2025. Each transaction in Table I is coded "P" with a purchase price of $2.65 per share.

He acquired 360 shares for his direct account, bringing his directly held common stock to 133,334 shares. Additional small purchases were reported in several indirect accounts, resulting in 4,616 shares held by his spouse and 124,428, 309,680, 345,362, 10,692 and 62,366 shares held through Fromex Equity Corp, FRMO Corp, Horizon Common Inc., Horizon Kinetics Hard Assets LLC and Horizon Kinetics Asset Management LLC, respectively. The footnotes state that these indirect figures do not include the 133,334 shares held directly and that Mr. Stahl disclaims beneficial ownership in each indirect account except to the extent of his pecuniary interest, if any.

RENN Fund, Inc. president, co-portfolio manager and director Mr. Stahl reported open-market purchases of the company’s common stock. On 12/12/2025 he bought 360 shares directly at $2.61 per share, bringing his direct beneficial ownership to 132,974 shares following the transactions.

On the same date, additional small purchases at $2.61 per share were made in accounts he reports indirectly, including 18 shares held by his spouse, 180 shares through Fromex Equity Corp., 180 shares through FRMO Corp., 296 shares through Horizon Common Inc., 18 shares through Horizon Kinetics Hard Assets LLC, and 82 shares through Horizon Kinetics Asset Management LLC. A footnote states he disclaims beneficial ownership of these indirect holdings except to the extent of any pecuniary interest, and no derivative security transactions were reported.

RENN Fund, Inc. (RCG) reported insider share purchases by its President/Co-Portfolio Manager on a Form 4. On 12/11/2025, the reporting person bought RENN Fund common stock at $2.60 per share in multiple accounts. Transactions included 360 shares acquired directly and 18 shares for a spouse, along with additional purchases through several affiliated entities.

After these trades, beneficial holdings were reported as 132,614 shares held directly, 4,580 shares via a spouse, and indirect positions of 124,068 shares at FROMEX EQUITY CORP, 309,320 shares at FRMO CORP, 10,656 shares at HORIZON COMMON INC., and 62,202 shares at Horizon Kinetics Hard Assets LLC. The reporting person disclaims beneficial ownership of the indirect holdings except to the extent of any pecuniary interest.

RENN Fund, Inc. insider and president/co-portfolio manager reported open‑market purchases of the company’s common stock on 12/10/2025. The transactions were coded as purchases at a price of $2.61 per share, spread across direct holdings and several indirect accounts, including a spouse and entities such as FROMEX Equity Corp, FRMO Corp, Horizon Common Inc., and Horizon Kinetics Hard Assets LLC and Asset Management LLC.

Following these trades, the insider directly owned 132,254 common shares, with additional indirect holdings such as 4,562 shares via a spouse and larger positions in affiliated entities. For each indirect account, the insider disclaims beneficial ownership except to the extent of any pecuniary interest.

RENN Fund, Inc. insider and president/co-portfolio manager Murray Stahl reported multiple purchases of the company’s common stock. On 12/09/2025, he bought 360 shares directly at $2.65 per share, bringing his direct holdings to 131,894 shares. Additional purchases at the same price were made through several indirect accounts, including 18 shares held by his spouse and small blocks in entities such as FROMEX Equity Corp, FRMO Corp, Horizon Common Inc., and Horizon Kinetics Hard Assets LLC and Asset Management LLC. After these trades, the filing shows indirect beneficial holdings ranging from a few thousand shares to over 300,000 shares across these entities, while noting that Mr. Stahl disclaims beneficial ownership of indirect accounts except to the extent of any pecuniary interest.

RENN Fund, Inc. insider trading report: A company officer and director, who also serves as President and Co-Portfolio Manager, reported multiple open-market purchases of RENN Fund common stock on 12/08/2025 at a price of $2.63 per share. The transactions include direct and indirect purchases coded as P for acquisitions.

Following these trades, the reporting person beneficially owned 131,534 shares of RENN Fund common stock directly. In addition, various indirect accounts reflected holdings such as 308,780 shares through FRMO CORP and 123,528 shares through FROMEX EQUITY CORP, as well as smaller positions held by a spouse and affiliated entities. The reporting person disclaims beneficial ownership of the indirect holdings except to the extent of any pecuniary interest.

RENN Fund, Inc. insider buying activity is reported for President and Co-Portfolio Manager Murray Stahl, who is also a director and more than 10% owner of RENN Fund, Inc. (RCG). On 12/05/2025, he reported multiple open-market purchases of common stock at a price of $2.65 per share.

Following these transactions, Stahl beneficially owns 131,174 shares of RENN Fund common stock directly. He also reports indirect ownership through several related accounts, including 4,508 shares held by his spouse and larger positions such as 308,600 shares via FRMO Corp and 343,586 shares via Horizon Common Inc., among other investment entities. For each indirect account, he disclaims beneficial ownership except to the extent of his pecuniary interest, if any.

RENN Fund, Inc. insider Mr. Stahl, a director and President/Co-Portfolio Manager, reported several open-market purchases of the company’s common stock on 12/04/2025. The trades were executed at a price of $2.57 per share across his direct account and multiple related accounts, including his spouse and several affiliated entities.

Following these transactions, Mr. Stahl directly owns 130,814 shares of RENN Fund common stock. Additional shares are held indirectly through his spouse and entities such as Fromex Equity Corp, FRMO Corp, Horizon Common Inc., and Horizon Kinetics asset management vehicles, where he disclaims beneficial ownership beyond his pecuniary interest, if any.

RENN Fund, Inc. reported insider share purchases by a director and officer on December 3, 2025. The reporting person bought RENN Fund common stock in several open‑market transactions at $2.60 per share, including 360 shares held directly and additional small lots through a spouse and multiple affiliated entities.

Following these transactions, the person directly held 130,454 shares of common stock. Indirect holdings included 4,472 shares through a spouse and larger positions such as 122,988 shares via Fromex Equity Corp and 308,240 shares via FRMO Corp, among other accounts, with beneficial ownership disclaimed except for any pecuniary interest.

RENN Fund, Inc. (RCG) reported insider share purchases by its president and co-portfolio manager, who is also a director. On 12/02/2025, the insider bought 360 shares of common stock directly at $2.55 per share, bringing direct beneficial ownership to 130,094 shares.

The insider also reported additional open-market purchases at $2.55 per share in several indirect accounts, including 18 shares attributed to a spouse, and purchases through entities such as FROMEX EQUITY CORP, FRMO CORP, HORIZON COMMON INC., and Horizon Kinetics Hard Assets LLC and Horizon Kinetics Asset Management LLC. The filing notes that, for each indirect account, the insider disclaims beneficial ownership except to the extent of any pecuniary interest.

RENN Fund, Inc. insider activity: A reporting person who is a director, President/Co-Portfolio Manager and 10% owner of RENN Fund, Inc. (RCG) reported multiple open-market purchases of common stock on 12/01/2025 at a price of $2.52 per share.

The transactions include 360 shares acquired directly, bringing direct holdings to 129,734 shares. Additional shares were bought through various indirect accounts, including 18 shares attributed to a spouse (4,436 shares held after the transaction) and multiple investment entities such as FROMEX EQUITY CORP, FRMO CORP, HORIZON COMMON INC., and Horizon Kinetics Hard Assets LLC and Horizon Kinetics Asset Management LLC.

The reporting person notes that figures for indirect accounts exclude the 129,734 shares held directly and disclaims beneficial ownership of indirect holdings except to the extent of any pecuniary interest.

RENN Fund, Inc. reported insider stock purchases by its president and co-portfolio manager, who is also a director and 10% owner. On 11/28/2025, he bought multiple small blocks of RENN Fund common stock at a price of $2.59 per share across several accounts, including his own, his spouse’s, and various entities such as FROMEX Equity Corp, FRMO Corp, Horizon Common Inc., and Horizon Kinetics Hard Assets LLC.

After these transactions, he held 129,374 shares directly, while additional shares were reported as indirectly owned through his spouse and the listed entities. The filing notes that he disclaims beneficial ownership of the indirect holdings except to the extent of any pecuniary interest.

RENN Fund, Inc. reported insider share purchases by an officer on 11/26/2025. President and Co-Portfolio Manager Mr. Stahl bought multiple small blocks of RENN Fund common stock at $2.55 per share across several accounts.

Directly, he acquired 360 shares, bringing his direct holdings to 129,014 shares18 shares in a spouse account and 296 shares in an entity account, each also at $2.55 per share. The filing notes that for each indirect account he disclaims beneficial ownership beyond his pecuniary interest, and that the indirect figures do not include the 129,014 shares he holds directly.

RENN Fund, Inc. (RCG) reported insider purchases by its president and co-portfolio manager, who is also a director and more than 10% owner. On 11/25/2025, the reporting person bought multiple small lots of RENN Fund common stock at $2.64 per share across both direct and indirect accounts. After these transactions, the insider held 128,654 shares directly. Indirectly, the filing shows holdings including 4,382 shares through a spouse and additional shares through entities such as FROMEX Equity Corp, FRMO Corp, Horizon Common Inc., Horizon Kinetics Hard Assets LLC, and Horizon Kinetics Asset Management LLC. The filer states that beneficial ownership of the indirect accounts is disclaimed except to the extent of any pecuniary interest.

RENN Fund, Inc. (RCG) reported insider purchases of its common stock by a senior executive and director on 11/24/2025. The insider bought 360 shares at $2.65 per share into a direct account, bringing direct ownership to 128,294 shares. Additional purchases at the same price were made for several indirect accounts, including a spouse and multiple related entities, in small blocks such as 18, 82, 180, and 296 shares, increasing those accounts’ beneficial holdings.

The form notes that the insider is a Director and Officer (President/Co-Portfolio Manager), and clarifies that shares held in indirect accounts are beneficially owned only to the extent of any pecuniary interest. The filing also explains that the indirect figures shown exclude the 128,294 shares held directly.

RENN Fund, Inc. (RCG) reported insider buying by its President, Co-Portfolio Manager and director, who is also a 10% owner. On 11/21/2025, the insider purchased multiple small blocks of RENN Fund common stock at $2.64 per share, both directly and through several related accounts.

Following these transactions, the insider held 127,934 shares directly. Indirect holdings reported included 4,346 shares through a spouse and additional shares through entities such as FROMEX Equity Corp, FRMO Corp, Horizon Common Inc., Horizon Kinetics Hard Assets LLC, and Horizon Kinetics Asset Management LLC. The insider disclaimed beneficial ownership of the indirect accounts except to the extent of any pecuniary interest.

RENN Fund, Inc. (RCG) reported insider purchases by its President, Co-Portfolio Manager and director, who is also a 10% owner. On 11/20/2025, he bought multiple small lots of common stock at $2.66 per share.

The filing shows a direct purchase of 360 shares, increasing his directly held stake to 127,574 shares. Additional purchases were made indirectly through his spouse and several affiliated entities, with each indirect account reported separately, such as 18 shares for a spouse account and 296 shares through Horizon Common Inc.

The insider disclaims beneficial ownership of shares in each indirect account except to the extent of any pecuniary interest, clarifying how these holdings are treated for reporting purposes.

RENN Fund, Inc. (RCG) reported insider share purchases by an officer identified as Mr. Stahl, who serves as President and Co-Portfolio Manager. On 11/19/2025, he bought 360 shares of RCG common stock at $2.66 per share, bringing his directly held position to 127,214 shares.

On the same date, additional purchases at $2.66 per share were reported in several indirect accounts: 18 shares attributed to his spouse, 180 shares through FROMEX EQUITY CORP, 180 shares through FRMO CORP, 296 shares through HORIZON COMMON INC., 18 shares through Horizon Kinetics Hard Assets LLC, and 82 shares through HORIZON KINETICS ASSET MANAGEMENT LLC. Footnotes state that the indirect figures do not include the 127,214 shares held directly and that Mr. Stahl disclaims beneficial ownership in the indirect accounts except to the extent of his pecuniary interest, if any.

RENN Fund, Inc. (RCG) insider Murray Stahl, who serves as President, Co-Portfolio Manager and a director-level insider, reported multiple open-market purchases of the company’s common stock on 11/18/2025 at a price of $2.68 per share. The filing shows he acquired 360 shares directly, increasing his directly held position to 126,854 shares.

He also reported additional purchases through several indirect accounts, including shares held by his spouse and entities such as FROMEX EQUITY CORP, FRMO CORP, Horizon Common Inc., and Horizon Kinetics Hard Assets LLC and Horizon Kinetics Asset Management LLC. After these transactions, the reported indirect holdings in these accounts ranged from 4,292 shares in his spouse’s account to 340,034 shares in Horizon Common Inc. Mr. Stahl states that these indirect figures exclude his directly held shares and that he disclaims beneficial ownership in the indirect accounts except to the extent of any pecuniary interest.

RENN Fund, Inc. reported insider share purchases by its president and co-portfolio manager, Murray Stahl, who is also a 10% owner. On 11/17/2025 he bought multiple small blocks of RENN Fund common stock at a price of $2.71 per share. The purchases were made both in his direct account and through several related accounts, including his spouse and entities such as FROMEX EQUITY CORP, FRMO CORP, Horizon Common Inc., and Horizon Kinetics Hard Assets LLC and Horizon Kinetics Asset Management LLC.

The disclosure notes that some indirect positions total amounts such as 126,494 shares held directly, and that for each indirect account Mr. Stahl disclaims beneficial ownership except to the extent of his pecuniary interest, if any. Overall, the activity reflects incremental insider buying rather than a major shift in ownership.

RENN Fund, Inc. (RCG) reported insider activity by its President, Co-Portfolio Manager, Director, and 10% owner, Murray Stahl, on a Form 4. On 11/14/2025, he purchased multiple blocks of RENN Fund common stock at $2.66 per share across direct and indirect accounts. Following these transactions, he held 126,134 shares directly, while indirect holdings reported included 4,256 shares through his spouse and larger positions such as 120,828 shares via FROMEX EQUITY CORP and 306,080 shares via FRMO CORP. Additional indirect positions included 339,442 shares through HORIZON COMMON INC., 10,332 shares through Horizon Kinetics Hard Assets LLC, and 60,726 shares through Horizon Kinetics Asset Management LLC. For each indirect account, he disclaims beneficial ownership except to the extent of his pecuniary interest.

RENN Fund (RCG) insider activity: A reporting officer made multiple open‑market purchases of common stock on 11/13/2025 at $2.66 per share. Directly, the filer acquired 360 shares, bringing direct beneficial ownership to 125,774 shares. Additional purchases were recorded across several indirect accounts, with post‑transaction beneficial holdings listed as 4,238 (spouse), 120,648 (Fromex Equity Corp), 305,900 (FRMO Corp), 339,146 (Horizon Common Inc.), 10,314 (Horizon Kinetics Hard Assets LLC), and 60,644 (Horizon Kinetics Asset Management LLC), as disclosed in the filing’s footnoted ownership table.

RENN Fund (RCG) reported insider buying by an officer (President/Co‑Portfolio Manager, Mr. Stahl). On 11/12/2025, he executed multiple open‑market purchases (Code P) at $2.65 per share across direct and indirect accounts. Following these trades, he beneficially owned 125,414 shares directly. Indirect holdings reported after the transactions include FRMO CORP 305,720 shares, HORIZON COMMON INC. 338,850 shares, and spouse 4,220 shares, among other entities. The filing notes he disclaims beneficial ownership of indirect accounts except to the extent of any pecuniary interest.

RENN Fund (RCG) insider activity: Mr. Stahl, an officer (President/Co‑Portfolio Manager), reported open‑market purchases of Common Stock on 11/10/2025 and 11/11/2025 at $2.62 and $2.63 per share, respectively. The filing lists transactions across direct and multiple indirect accounts.

After these trades, direct holdings were 125,054 shares as of 11/11/2025. Additional purchases occurred in accounts attributed to his spouse and entities including Fromex Equity Corp, FRMO Corp, Horizon Common Inc., Horizon Kinetics Hard Assets LLC, and Horizon Kinetics Asset Management LLC. The filing notes that Mr. Stahl disclaims beneficial ownership of indirect accounts except to the extent of his pecuniary interest.