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

Murray Stahl, Director, CEO, and CIO of Horizon Kinetics Holding Corp, reports a transaction involving common stock, including shares acquired through a merger and those held indirectly through various entities.

Summary

• On September 5, 2024, Murray Stahl, a Director, CEO, and CIO of Horizon Kinetics Holding Corp [HKHC], reported a transaction involving the company's common stock.
• Stahl directly owns 248,600 shares of common stock.
• He also indirectly owns 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 Corp.
• The direct shares include 248,460 shares received on August 1, 2024, in connection with the merger between Horizon Kinetics LLC and Scott's Liquid Gold-Inc (HKHC), with only 140 shares available for trading.
• 8,214,337 of the indirectly held shares were also received on August 1, 2024, in connection with the merger and are not available for trading.
• Stahl owns approximately 21% of the indirectly held shares through Horizon Common Inc. and exercises discretion over them, disclaiming beneficial ownership over the remaining shares.
• He also exercises discretion over shares held through Kinetics Institutional Partners LP and Kinetics Partners LP, disclaiming beneficial ownership except to the extent of his pecuniary interest.
• Stahl owns approximately 16% of the shares held through Horizon Kinetics Asset Management LLC and exercises discretion over them, disclaiming beneficial ownership over the remaining shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in beneficial ownership, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and holdings, providing transparency to investors regarding the ownership structure of Horizon Kinetics Holding Corp.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership structure and transactions of company insiders.

Key Dates