[Form 4] RENN Fund Inc. Insider Trading Activity
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.
Stahl Murray, direttore e Presidente/Co-gestore di portafoglio di RENN Fund, Inc. (RCG), ha segnalato acquisti di azioni ordinarie il 08/13/2025 al prezzo di $2.53 per azione. Il Modulo 4 elenca acquisizioni separate: 356 azioni registrate come dirette, e acquisizioni indirette di 18 azioni (coniuge), 180 azioni (FROMEX Equity Corp), 180 azioni (FRMO Corp), 296 azioni (Horizon Common Inc.), 18 azioni (Horizon Kinetics Hard Assets LLC) e 82 azioni (Horizon Kinetics Asset Management LLC), tutte a $2.53 per azione.
La comunicazione mostra gli importi di titolarit脿 beneficiaria post-transazione per ciascun conto come elencati nel modulo e include note esplicative che una cifra non comprende 102,462 azioni detenute direttamente dal Sig. Stahl e che il Sig. Stahl dichiara di non rivendicare la titolarit脿 beneficiaria delle posizioni indirette, salvo nella misura di un eventuale interesse pecuniario.
Stahl Murray, director y Presidente/Co-gestor de cartera de RENN Fund, Inc. (RCG), inform贸 compras de acciones ordinarias el 08/13/2025 a $2.53 por acci贸n. El Formulario 4 detalla adquisiciones separadas: 356 acciones registradas como directas, y adquisiciones indirectas de 18 acciones (c贸nyuge), 180 acciones (FROMEX Equity Corp), 180 acciones (FRMO Corp), 296 acciones (Horizon Common Inc.), 18 acciones (Horizon Kinetics Hard Assets LLC) y 82 acciones (Horizon Kinetics Asset Management LLC), todas a $2.53 por acci贸n.
La presentaci贸n muestra las cantidades de propiedad beneficiaria posteriores a la transacci贸n para cada cuenta seg煤n figura en el formulario e incluye notas aclaratorias que una cifra no incluye 102,462 acciones que el Sr. Stahl posee directamente y que el Sr. Stahl renuncia a la propiedad beneficiaria de las cuentas indirectas salvo en la medida de cualquier inter茅s pecuniario.
RENN Fund, Inc. (RCG)鞚� 鞚挫偓鞚挫瀽 靷灔 瓴� 瓿惦彊 韽姼韽措Μ鞓� 毵る媹鞝�鞚� Stahl Murray電� 2025雲� 8鞗� 13鞚检棎 氤错喌欤茧ゼ 欤茧嫻 $2.53鞐� 毵れ瀰頄堧嫟瓿� 鞁犼碃頄堨姷雼堧嫟. Form 4鞐愲姅 氤勲弰鞚� 旆摑 雮挫棴鞚� 旮办灛霅橃柎 鞛堨姷雼堧嫟: 356欤缄皜 歆侅为 氤挫湢搿� 旮半霅橃棃瓿�, 18欤�(氚办毎鞛�), 180欤�(FROMEX Equity Corp), 180欤�(FRMO Corp), 296欤�(Horizon Common Inc.), 18欤�(Horizon Kinetics Hard Assets LLC), 82欤�(Horizon Kinetics Asset Management LLC) 霌� 臧勳爲 旆摑鞚� 臧侁皝 欤茧嫻 $2.53鞐� 鞚措（鞏挫鞀惦媹雼�.
頃措嫻 鞝滌稖靹滊電� 瓯半灅 頉� 臧� 瓿勳爼鞚� 鞁れ鞝� 氤挫湢(beneficial ownership) 旮堨暋鞚� 鞏戩嫕鞐� 旮办灛霅� 雽�搿� 氤挫棳欤茧┌, 頃� 靾橃箻電� Stahl 鞌皜 歆侅为 氤挫湢頃� 102,462欤茧ゼ 韽暔頃橃 鞎婌溂氅� Stahl 鞌姅 旮堨爠鞝� 鞚挫澋鞚� 鞛堧姅 瓴届毎毳� 鞝滌櫢頃橁碃 臧勳爲 瓿勳爼鞐� 雽�頃� 鞁れ鞝� 靻岇湢甓岇潉 攵�鞚疙暅雼る姅 靹る獏鞚� 韽暔頃橁碃 鞛堨姷雼堧嫟.
Stahl Murray, administrateur et pr茅sident/co-gestionnaire de portefeuille de RENN Fund, Inc. (RCG), a d茅clar茅 des achats d'actions ordinaires le 13/08/2025 au prix de 2,53 $ par action. Le formulaire 4 d茅taille des acquisitions s茅par茅es聽: 356 actions enregistr茅es comme directes, et des acquisitions indirectes de 18 actions (conjoint), 180 actions (FROMEX Equity Corp), 180 actions (FRMO Corp), 296 actions (Horizon Common Inc.), 18 actions (Horizon Kinetics Hard Assets LLC) et 82 actions (Horizon Kinetics Asset Management LLC), toutes 脿 2,53 $ par action.
L'enregistrement indique les montants de d茅tention b茅n茅ficiaire apr猫s transaction pour chaque compte tels qu'inscrits sur le formulaire et inclut des notes explicatives pr茅cisant qu'un chiffre n'inclut pas 102,462 actions d茅tenues directement par M. Stahl et que M. Stahl d茅cline la qualit茅 de propri茅taire b茅n茅ficiaire des comptes indirects, sauf dans la mesure d'un int茅r锚t p茅cuniaire.
Stahl Murray, Direktor und Pr盲sident/Co-Portfoliomanager von RENN Fund, Inc. (RCG), meldete am 13.08.2025 K盲ufe von Stammaktien zu je $2.53. Das Formular 4 listet getrennte Erwerbe: 356 Aktien als direkt eingetragen sowie indirekte Erwerbe von 18 Aktien (Ehepartner), 180 Aktien (FROMEX Equity Corp), 180 Aktien (FRMO Corp), 296 Aktien (Horizon Common Inc.), 18 Aktien (Horizon Kinetics Hard Assets LLC) und 82 Aktien (Horizon Kinetics Asset Management LLC), jeweils zu $2.53 pro Aktie.
Die Einreichung zeigt die nach der Transaktion bestehenden wirtschaftlichen Eigentumsanteile f眉r jedes Konto, wie im Formular aufgef眉hrt, und enth盲lt erl盲uternde Hinweise, dass eine Zahl die direkt von Herrn Stahl gehaltenen 102,462 Aktien nicht einschlie脽t und dass Herr Stahl die wirtschaftliche Eigent眉merschaft an den indirekten Konten, soweit nicht ein finanzielles Interesse besteht, bestreitet.
- None.
- None.
Insights
TL;DR: Insider purchases recorded across direct and multiple indirect accounts at $2.53 per share; filing shows updated beneficial ownership.
The Form 4 documents purchases executed on 08/13/2025 at $2.53 per share across several accounts tied to Mr. Stahl, including a direct purchase of 356 shares and multiple indirect acquisitions totaling the listed line items. The form provides post-transaction beneficial ownership balances by account and includes standard disclaimers regarding indirect holdings. From a disclosure standpoint, the filing follows Section 16 reporting requirements by itemizing each class of beneficial ownership and the nature of indirect ownership.
TL;DR: Reported insider buys are documented and attributed to direct and related-entity accounts; disclosure includes required ownership disclaimers.
The report identifies Mr. Stahl as both a director and an officer (President/Co-Portfolio Manager) and lists purchases of common stock allocated among direct holdings and several related entities or family accounts. The filing includes explicit post-transaction share counts for each account and a standard note disclaiming beneficial ownership of certain indirect accounts except for any pecuniary interest. The disclosure is structured to clarify the relationship between the reporting person and the entities listed.
Stahl Murray, direttore e Presidente/Co-gestore di portafoglio di RENN Fund, Inc. (RCG), ha segnalato acquisti di azioni ordinarie il 08/13/2025 al prezzo di $2.53 per azione. Il Modulo 4 elenca acquisizioni separate: 356 azioni registrate come dirette, e acquisizioni indirette di 18 azioni (coniuge), 180 azioni (FROMEX Equity Corp), 180 azioni (FRMO Corp), 296 azioni (Horizon Common Inc.), 18 azioni (Horizon Kinetics Hard Assets LLC) e 82 azioni (Horizon Kinetics Asset Management LLC), tutte a $2.53 per azione.
La comunicazione mostra gli importi di titolarit脿 beneficiaria post-transazione per ciascun conto come elencati nel modulo e include note esplicative che una cifra non comprende 102,462 azioni detenute direttamente dal Sig. Stahl e che il Sig. Stahl dichiara di non rivendicare la titolarit脿 beneficiaria delle posizioni indirette, salvo nella misura di un eventuale interesse pecuniario.
Stahl Murray, director y Presidente/Co-gestor de cartera de RENN Fund, Inc. (RCG), inform贸 compras de acciones ordinarias el 08/13/2025 a $2.53 por acci贸n. El Formulario 4 detalla adquisiciones separadas: 356 acciones registradas como directas, y adquisiciones indirectas de 18 acciones (c贸nyuge), 180 acciones (FROMEX Equity Corp), 180 acciones (FRMO Corp), 296 acciones (Horizon Common Inc.), 18 acciones (Horizon Kinetics Hard Assets LLC) y 82 acciones (Horizon Kinetics Asset Management LLC), todas a $2.53 por acci贸n.
La presentaci贸n muestra las cantidades de propiedad beneficiaria posteriores a la transacci贸n para cada cuenta seg煤n figura en el formulario e incluye notas aclaratorias que una cifra no incluye 102,462 acciones que el Sr. Stahl posee directamente y que el Sr. Stahl renuncia a la propiedad beneficiaria de las cuentas indirectas salvo en la medida de cualquier inter茅s pecuniario.
RENN Fund, Inc. (RCG)鞚� 鞚挫偓鞚挫瀽 靷灔 瓴� 瓿惦彊 韽姼韽措Μ鞓� 毵る媹鞝�鞚� Stahl Murray電� 2025雲� 8鞗� 13鞚检棎 氤错喌欤茧ゼ 欤茧嫻 $2.53鞐� 毵れ瀰頄堧嫟瓿� 鞁犼碃頄堨姷雼堧嫟. Form 4鞐愲姅 氤勲弰鞚� 旆摑 雮挫棴鞚� 旮办灛霅橃柎 鞛堨姷雼堧嫟: 356欤缄皜 歆侅为 氤挫湢搿� 旮半霅橃棃瓿�, 18欤�(氚办毎鞛�), 180欤�(FROMEX Equity Corp), 180欤�(FRMO Corp), 296欤�(Horizon Common Inc.), 18欤�(Horizon Kinetics Hard Assets LLC), 82欤�(Horizon Kinetics Asset Management LLC) 霌� 臧勳爲 旆摑鞚� 臧侁皝 欤茧嫻 $2.53鞐� 鞚措（鞏挫鞀惦媹雼�.
頃措嫻 鞝滌稖靹滊電� 瓯半灅 頉� 臧� 瓿勳爼鞚� 鞁れ鞝� 氤挫湢(beneficial ownership) 旮堨暋鞚� 鞏戩嫕鞐� 旮办灛霅� 雽�搿� 氤挫棳欤茧┌, 頃� 靾橃箻電� Stahl 鞌皜 歆侅为 氤挫湢頃� 102,462欤茧ゼ 韽暔頃橃 鞎婌溂氅� Stahl 鞌姅 旮堨爠鞝� 鞚挫澋鞚� 鞛堧姅 瓴届毎毳� 鞝滌櫢頃橁碃 臧勳爲 瓿勳爼鞐� 雽�頃� 鞁れ鞝� 靻岇湢甓岇潉 攵�鞚疙暅雼る姅 靹る獏鞚� 韽暔頃橁碃 鞛堨姷雼堧嫟.
Stahl Murray, administrateur et pr茅sident/co-gestionnaire de portefeuille de RENN Fund, Inc. (RCG), a d茅clar茅 des achats d'actions ordinaires le 13/08/2025 au prix de 2,53 $ par action. Le formulaire 4 d茅taille des acquisitions s茅par茅es聽: 356 actions enregistr茅es comme directes, et des acquisitions indirectes de 18 actions (conjoint), 180 actions (FROMEX Equity Corp), 180 actions (FRMO Corp), 296 actions (Horizon Common Inc.), 18 actions (Horizon Kinetics Hard Assets LLC) et 82 actions (Horizon Kinetics Asset Management LLC), toutes 脿 2,53 $ par action.
L'enregistrement indique les montants de d茅tention b茅n茅ficiaire apr猫s transaction pour chaque compte tels qu'inscrits sur le formulaire et inclut des notes explicatives pr茅cisant qu'un chiffre n'inclut pas 102,462 actions d茅tenues directement par M. Stahl et que M. Stahl d茅cline la qualit茅 de propri茅taire b茅n茅ficiaire des comptes indirects, sauf dans la mesure d'un int茅r锚t p茅cuniaire.
Stahl Murray, Direktor und Pr盲sident/Co-Portfoliomanager von RENN Fund, Inc. (RCG), meldete am 13.08.2025 K盲ufe von Stammaktien zu je $2.53. Das Formular 4 listet getrennte Erwerbe: 356 Aktien als direkt eingetragen sowie indirekte Erwerbe von 18 Aktien (Ehepartner), 180 Aktien (FROMEX Equity Corp), 180 Aktien (FRMO Corp), 296 Aktien (Horizon Common Inc.), 18 Aktien (Horizon Kinetics Hard Assets LLC) und 82 Aktien (Horizon Kinetics Asset Management LLC), jeweils zu $2.53 pro Aktie.
Die Einreichung zeigt die nach der Transaktion bestehenden wirtschaftlichen Eigentumsanteile f眉r jedes Konto, wie im Formular aufgef眉hrt, und enth盲lt erl盲uternde Hinweise, dass eine Zahl die direkt von Herrn Stahl gehaltenen 102,462 Aktien nicht einschlie脽t und dass Herr Stahl die wirtschaftliche Eigent眉merschaft an den indirekten Konten, soweit nicht ein finanzielles Interesse besteht, bestreitet.
FAQ
Who filed the Form 4 for RENN Fund (RCG)?
What transactions are reported on the Form 4 for RCG?
How many shares and which accounts are shown on the Form 4?
What post-transaction ownership amounts are disclosed?
Does Mr. Stahl claim beneficial ownership of the indirect accounts?
