Welcome to our dedicated page for RENN Fund ord SEC filings (Ticker: RCG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The RENN Fund Inc. (NYSE American: RCG) SEC filings page on Stock Titan provides access to the Fund’s regulatory documents, including proxy statements and other reports filed with the U.S. Securities and Exchange Commission. As a registered, non-diversified, closed-end management investment company, RENN Fund Inc. uses these filings to describe its investment objective, governance structure, and material actions affecting shareholders.
One key category of filings for RENN Fund Inc. is its proxy materials, such as definitive proxy statements on Schedule 14A. These documents outline the agenda for annual meetings of shareholders, proposals to elect directors, and the ratification of the Fund’s independent auditor. They also describe voting procedures, quorum requirements, and how shareholders may attend meetings in person or virtually via live audio webcast.
Other SEC filings and registration statements provide detail on the Fund’s status as a non-diversified closed-end management investment company and its ability to invest in a wide variety of financial instruments, including common stocks, fixed-income securities, distressed debt, warrants, preferred stock, exchange-traded funds, and exchange-traded notes. Filings related to capital actions, such as registration statements on Form N-2 for rights offerings, explain how the Fund issues additional shares and the terms under which shareholders may subscribe.
On Stock Titan, these filings are complemented by AI-powered summaries that highlight the key points of lengthy documents, helping users understand proposals, fee structures, and governance changes without reading every page. Real-time updates from EDGAR ensure that new filings, including proxy statements and other reports, appear promptly. Users can review historical filings to track changes in the Fund’s governance, capital structure, and disclosures about its investment objective and risks.
For investors researching RCG, this page serves as a focused view into RENN Fund Inc.’s regulatory history, making it easier to interpret complex SEC documents and see how board decisions, shareholder votes, and capital offerings are documented over time.
Form 4 filed on 07/11/2025 shows that Murray Stahl, President/Co-Portfolio Manager and 10% owner of RENN Fund Inc. (RCG), acquired an aggregate 1,130 common shares on 07/10/2025 at a uniform price of $2.68 per share. The purchase was split between 356 shares bought directly and 774 shares bought indirectly through his spouse and a series of affiliated entities: Fromex Equity Corp, FRMO Corp, Horizon Common Inc., Horizon Kinetics Hard Assets LLC and Horizon Kinetics Asset Management LLC.
After these transactions, Stahl reports 93,886 shares held directly and 771,996 shares held indirectly, for a combined reported position of 865,882 shares. The outlay of roughly $3,028 represents less than 0.2% of his total disclosed holdings. No derivative securities were involved and the filing reiterates that Stahl disclaims beneficial ownership in the indirect accounts beyond his pecuniary interest.
While the dollar amount is modest, an open-market purchase by a senior insider may signal continued confidence in RCG’s prospects. Investors should weigh the small scale of the buy against the insider’s already substantial ownership and the absence of other material financial information in this filing.
RENN Fund, Inc. (RCG) has mailed its Definitive Proxy Statement for the Annual Meeting scheduled for 2:00 p.m. EST on Thursday, 18 September 2025. The hybrid meeting will be held at Horizon Kinetics Asset Management’s New York offices and simultaneously via live audio webcast. The record date is 22 July 2025 for the Fund’s 7,015,786 outstanding common shares.
Six voting items are on the agenda:
- Proposals 1-5: Annual election of the entire five-member board—Douglas J. Cohen (Chair), Russell Cleveland, Alice C. Brennan, Anita L. Allen and Melinda J. Newman—each for a one-year term.
- Proposal 6: Ratification of Tait, Weller & Baker LLP as independent auditor for FYE 31 Dec 2025.
Abstentions and broker non-votes are not counted as votes cast on director elections; they carry weight as “against” only for the auditor ratification. A simple majority of votes cast (directors) or entitled shares present (auditor) is required for approval. Shareholders may vote by Internet, telephone or mailed proxy and can change votes up to – and during – the meeting.
Board & Ownership Snapshot. The slate blends long-tenured leadership (Cleveland, since 1994) with recent additions (Allen & Newman, 2024). Independent directors receive $1,800 per meeting; interested directors and officers receive no board fees. Insider and affiliate ownership is significant—directors and officers as a group hold 1.91 million shares (27.14%), with President/CEO/CFO Murray Stahl indirectly and directly holding 858,014 shares (12.23%). Outside 5 % holders include Foxhunt Crescent LP (8.82%).
Audit Oversight. The Audit Committee (Cohen, Newman, Allen) has designated all three members as “financial experts.” Tait, Weller & Baker has audited the Fund since 2017; FY 2024 fees were unchanged at $33,000 (audit $29k; tax $4k) and there were no reportable disagreements or non-audit services.
Governance & Committees. In addition to the Audit Committee, the Board maintains Nominating/Corporate Governance and Pricing Committees; each met at least once in 2024 with 100 % attendance. The proxy includes updated committee charters (Appendices A & B) and reiterates the Board’s emphasis on diversified skills, financial literacy and risk oversight.
Key logistics. Shareholders wishing to attend virtually must pre-register via GoToWebinar; physical attendees will be admitted at the Park Avenue South address. Advance questions may be emailed to rennfund@horizonkinetics.com. The Board unanimously recommends a “FOR” vote on all six proposals.
On 9 July 2025, Murray Stahl—President, Co-Portfolio Manager and 10 % owner of RENN Fund, Inc. (RCG)—filed a Form 4 detailing open-market purchases of the company’s common stock.
- Total acquired: 1,132 shares at $2.71 each (approx. $3,070).
- Direct purchase: 360 shares, increasing his direct holding to 93,530 shares.
- Indirect purchases: 772 shares allocated across seven related accounts (spouse and several corporate entities).
After the transactions, Stahl reports beneficial ownership—direct and indirect—of roughly 864,752 shares. He disclaims beneficial ownership of the indirect accounts except to the extent of his pecuniary interest.
No sales or derivative transactions were reported. The filing reflects continued insider accumulation, though the size is modest relative to his existing position.
Form 4 highlights: On 07/08/2025, Murray Stahl—President, Co-Portfolio Manager, Director and >10% owner of RENN Fund, Inc. (RCG)—reported a series of open-market purchases at $2.69 per share.
- Direct account: 356 shares acquired, lifting his direct holding to 93,170 shares.
- Indirect accounts: An additional 782 shares were bought across six affiliated entities and a spouse account, bringing their respective post-transaction balances to between 2,600 and 312,210 shares.
- Total shares purchased: 1,138, representing roughly $3.06 k in aggregate consideration.
The filing reiterates that Mr. Stahl disclaims beneficial ownership of indirect shares beyond any pecuniary interest. No derivative transactions were reported.
Take-away: While dollar value is modest, repeated insider buying—especially by a long-standing control person—can signal incremental confidence in RCG’s outlook.
Form 4 filing for RENN Fund, Inc. (RCG) discloses that Murray Stahl—President, Co-Portfolio Manager, Director and 10% owner— purchased an aggregate 1,108 shares of RCG common stock on 07/07/2025 at $2.65 per share. The purchases were made across seven ownership accounts:
- Direct account: 356 shares; new direct balance 92,814 shares
- Spouse: 18 shares; balance 2,582 shares
- Fromex Equity Corp.: 180 shares; balance 104,088 shares*
- FRMO Corp.: 180 shares; balance 289,340 shares*
- Horizon Common Inc.: 274 shares; balance 311,916 shares*
- Horizon Kinetics Hard Assets LLC: 18 shares; balance 8,658 shares*
- Horizon Kinetics Asset Management LLC: 82 shares; balance 53,084 shares*
*Mr. Stahl disclaims beneficial ownership in indirect accounts except to the extent of his pecuniary interest.
Total reported holdings after the transactions equal approximately 862,482 shares across all accounts (92,814 held directly). The filing re-affirms Mr. Stahl’s status as a 10% owner and contains no dispositions—only open-market purchases coded "P." No derivative securities were reported.
For investors, insider buying—particularly by a senior executive with an existing 10% stake—can signal confidence in the fund’s prospects. However, the dollar value (~$2,940) is relatively modest, so the signal should be weighed accordingly.
RENN Fund, Inc. (RCG) – Form 4 insider activity
On 07/03/2025, Murray Stahl – the fund’s President, Co-Portfolio Manager, Director and >10% owner – disclosed a series of open-market purchases totaling 1,144 common shares at a uniform price of $2.66 per share (≈ $3.0 thousand aggregate). The trades were allocated across seven accounts: 356 shares bought directly and 788 shares through six affiliated or family accounts, including FRMO Corp., Fromex Equity Corp., Horizon Common Inc., and several Horizon Kinetics entities, plus 18 shares in his spouse’s account.
Post-transaction, the filing lists 92,458 shares held directly by Mr. Stahl and more than 768 k shares indirectly via related entities, reaffirming his status as a significant insider. No derivative securities were involved, and no sales were reported.
While the dollar amount is modest relative to his existing stake, the continued open-market buying—rather than option exercises—offers a marginally positive signal of management confidence without materially altering the ownership structure.