Form 4: Horizon Kinetics Holding Corp: CEO Murray Stahl Reports Transaction

CEO Murray Stahl reports a transaction involving Horizon Kinetics Holding Corp shares, including acquisitions and beneficial ownership details following the merger with Scott's Liquid Gold-Inc.

Summary

• On September 3, 2024, Murray Stahl, CEO and CIO of Horizon Kinetics Holding Corp, reported a transaction involving the company's common stock.
• Stahl acquired 8 shares at a price of $24.95.
• Following the reported transaction, Stahl directly owns 248,584 shares of common stock.
• Stahl also has indirect beneficial ownership of 8,216,437 shares through Horizon Common Inc., 6,900 shares through Kinetics Institutional Partners LP, 5,810 shares through Kinetics Partners LP, 823,863 shares through Horizon Kinetics Asset Management LLC, and 3 shares through FRMO Inc. and his spouse.
• Most of the shares received on August 1, 2024, in connection with the merger between Horizon Kinetics LLC and Scott's Liquid Gold-Inc. (HKHC) are not currently available for trading.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in the financial industry and subject to regulatory oversight to ensure transparency and prevent insider trading.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders, ensuring compliance with SEC regulations.
• The level of detail provided in this filing is consistent with industry norms for reporting beneficial ownership and transactions.

Stakeholder Impact

• The transaction may have a minor impact on shareholders, as it reflects insider activity.
• The disclosure provides transparency to stakeholders regarding the CEO's holdings and transactions.

Key Dates