Welcome to our dedicated page for RENN Fund 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.
RENN Fund Inc. (RCG) filings document the regulatory record of a Texas closed-end fund, including material-event reports and shareholder proxy materials. The disclosures cover fund governance, officer and portfolio-management changes, adviser-related matters, shareholder meeting procedures, voting items, and board oversight.
Recent Form 8-K filings record other events affecting the fund and its adviser relationship, while definitive proxy statements describe annual meeting matters, proxy solicitation, director governance, and shareholder voting mechanics. The filing record also supports review of the fund’s capital structure, public-company status, and risk disclosures as a listed closed-end investment company.
Stahl Murray, a director and President/Co-Portfolio Manager of RENN Fund, Inc. (RCG), reported purchases of common stock on 08/13/2025 at $2.53 per share. The Form 4 lists separate acquisitions: 356 shares recorded as direct, and indirect acquisitions of 18 shares (spouse), 180 shares (FROMEX Equity Corp), 180 shares (FRMO Corp), 296 shares (Horizon Common Inc.), 18 shares (Horizon Kinetics Hard Assets LLC) and 82 shares (Horizon Kinetics Asset Management LLC), each at $2.53 per share.
The filing shows post-transaction beneficial ownership amounts for each account as listed on the form and includes explanatory notes that one figure does not include 102,462 shares held directly by Mr. Stahl and that Mr. Stahl disclaims beneficial ownership of the indirect accounts except to the extent of any pecuniary interest.
Murray Stahl, listed on the form as a Director and identifying the title President/Co-Portfolio Manager, reported multiple purchases of RENN Fund, Inc. (RCG) common stock on 08/12/2025 at a price of $2.58 per share. The filing lists a direct purchase of 356 shares resulting in 102,106 shares owned directly and several indirect acquisitions recorded across affiliated accounts (spouse and multiple Horizon/Fromex/FRMO entities).
The Form shows the post-transaction beneficial ownership totals for each indirect account and includes a footnote disclaiming beneficial ownership of those indirect accounts except to the extent of any pecuniary interest. All reported transactions are purchases coded as "P" on the Form 4 and no derivatives were reported.
Murray Stahl, a director and President/Co-Portfolio Manager of RENN Fund, Inc. (RCG), purchased common stock on 08/11/2025 at $2.57 per share, reported on a Form 4. The filing records purchases across direct and indirect accounts totaling 1,130 shares. After the reported transactions, Mr. Stahl directly beneficially owns 101,750 shares. The filing also lists indirect holdings attributed to affiliated entities and family accounts, including 3,032, 108,588, 293,840, 319,326, 9,108, and 55,148 shares respectively.
The form includes an explicit disclaimer that for each indirect account Mr. Stahl "disclaims beneficial ownership except to the extent of his pecuniary interest, if any." All reported acquisitions are coded as purchases at $2.57 per share and were executed on 08/11/2025.
STAHL MURRAY, identified as a director and an officer (President/Co-Portfolio Manager) of RENN Fund, Inc. (RCG), reported purchases of common stock on 08/08/2025. The report lists multiple purchases at $2.60 per share, with the transactions adding a total of 1,130 shares across direct and indirect accounts.
The filing breaks out holdings following the transactions: 101,394 shares held directly by Mr. Stahl and additional indirect holdings reported for a spouse and several entities (Fromex Equity Corp, FRMO Corp, Horizon Common Inc., Horizon Kinetics Hard Assets LLC, and Horizon Kinetics Asset Management LLC). The filer includes a standard disclaimer that he disclaims beneficial ownership of the indirect accounts except to the extent of any pecuniary interest.
What happened: Murray Stahl, a director and President/Co-Portfolio Manager of RENN Fund, Inc. (RCG), reported purchases of RENN Fund common stock on 08/07/2025.
Why it matters: The Form 4 shows purchases at $2.64 per share across direct and indirect accounts (including a spouse and several related entities), totaling 1,130 shares. Insider purchases can signal that management has personal exposure to the fund’s performance.
What to watch: Holdings after the trades are reported for each account (for example, 101,038 shares directly and larger indirect stakes tied to named entities). The transactions are routine disclosures; assess them alongside broader ownership trends to judge materiality.
Form 4 highlights: On 08/06/2025, Murray Stahl—President, Co-Portfolio Manager and >10% owner of RENN Fund Inc. (RCG)—reported open-market purchases totalling 1,130 common shares at a uniform price of $2.66 per share.
The filing shows one direct purchase of 356 shares, lifting his direct holding to 100,682 shares. Six additional indirect accounts also bought small blocks (18-296 shares each), bringing their combined stakes to:
- Spouse: 2,978 sh
- Fromex Equity Corp: 108,048 sh
- FRMO Corp: 293,300 sh
- Horizon Common Inc.: 318,438 sh
- Horizon Kinetics Hard Assets LLC: 9,054 sh
- Horizon Kinetics Asset Mgmt LLC: 54,902 sh
Stahl disclaims beneficial ownership in the indirect accounts except for any pecuniary interest. No derivative securities were involved. While the transaction size is modest relative to his existing positions, continued insider buying can be viewed as a confidence signal.
RENN Fund Inc. (RCG) – Form 4 insider purchase
On 08/05/2025, President, Co-Portfolio Manager and >10% owner Murray Stahl reported open-market purchases of RCG common stock at $2.67 per share. The filing shows:
- Direct account: 356 shares bought, lifting Stahl’s direct holding to 100,326 shares.
- Indirect accounts: Small lots (18-296 shares each, 774 shares in total) were bought through his spouse and six affiliated entities (Fromex Equity Corp., FRMO Corp., Horizon Common Inc., Horizon Kinetics Hard Assets LLC, Horizon Kinetics Asset Management LLC). Post-trade indirect ownership stands at between 2,960 and 318,142 shares per entity.
- Total shares acquired: 1,130, representing an outlay of roughly $3.0k.
No derivatives were reported. Stahl disclaims beneficial ownership of indirect shares beyond his pecuniary interest. While the dollar amount is immaterial relative to both the fund and his existing stake, the purchase marginally increases insider ownership and can be interpreted as a modest vote of confidence.
Form 4 highlights: RENN Fund, Inc. (RCG) President/Co-Portfolio Manager Murray Stahl reported multiple open-market purchases on 08/04/2025 at $2.64 per share.
- Total shares bought: 1,130 (356 direct; 774 through six affiliated/related accounts, incl. spouse and corporate entities).
- Aggregate cash outlay: ≈ $2,983.
- Post-trade ownership: 99,970 shares held directly; 785,172 held indirectly, for a combined reportable position of about 885,142 shares (beneficial ownership in indirect accounts disclaimed except for pecuniary interest).
- No derivative securities reported and no dispositions.
The filing signals continued insider accumulation by a control person (checked 10% owner and officer boxes). While the dollar amount is modest, ongoing purchases at market price may indicate confidence in RCG’s valuation and alignment with minority shareholders.
Murray Stahl, President, Co-Portfolio Manager and >10% owner of RENN Fund, Inc. (RCG), filed a Form 4 for trades executed on 01-Aug-2025.
- Purchases: 1,130 common shares acquired in seven separate accounts, all at $2.69 per share (transaction code P).
- Direct holding: +356 shares, bringing his direct stake to 99,614 shares.
- Indirect holdings: Small additions were made in accounts held by his spouse and six affiliated entities, lifting those balances to 2,924; 107,508; 292,760; 317,550; 9,000; and 54,656 shares, respectively. Stahl disclaims beneficial ownership of these indirect positions except to the extent of his pecuniary interest.
No derivative securities were reported. The filing indicates continued insider accumulation but the incremental size (≈1.1 k shares) is modest relative to Stahl’s pre-existing ownership.
Form 4 highlights for RENN Fund (RCG): On 07/31/2025 President, Co-Portfolio Manager, Director and >10 % owner Murray Stahl purchased an aggregate 1,130 common shares at a uniform price of $2.63 in eight separate accounts.
- Direct account: 356 shares bought; post-trade direct holding rises to 99,258 shares.
- Indirect accounts: 774 shares bought across spouse and six affiliated entities, lifting their respective balances to 2,906; 107,328; 292,580; 317,254; 8,982; and 54,574 shares.
- Total reported beneficial ownership (direct + indirect) now stands at up to ≈882,882 shares, although Mr. Stahl disclaims beneficial ownership of indirect holdings beyond his pecuniary interest.
- Estimated cash outlay for the purchases is roughly $3.0 k.
All transactions were coded “P” (open-market purchases) and none involved derivatives. No sales were reported. The filing signals continued insider accumulation but the dollar amount is modest relative to Mr. Stahl’s existing stake.