Form 4: RENN Fund, Inc. Director Murray Stahl Reports Acquisition of Shares

Murray Stahl, a director and officer of RENN Fund, Inc., reported the acquisition of common stock through various entities.

Summary

• On May 31, 2024, Murray Stahl, President and CEO of RENN Fund, Inc., reported the acquisition of common stock.
• Mr. Stahl acquired 4 shares directly at a price of $1.69.
• Additionally, shares were acquired indirectly through his spouse (1 share), FROMEX Equity Corp (6 shares), FRMO Corp (24 shares), and Horizon Common Inc (25 shares) at $1.69 per share.
• Following these transactions, Mr. Stahl directly owns 5,117 shares and indirectly owns shares through various entities, including 434 shares held by his spouse, 61,037 shares held by FROMEX Equity Corp, 244,040 shares held by FRMO Corp, and 248,125 shares held by Horizon Common Inc.
• Mr. Stahl disclaims beneficial ownership of the indirectly held shares except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard regulatory filing reporting insider trading activity. There is no inherent positive or negative implication.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency into the trading activities of key personnel and their affiliated entities.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the trading activities of a key executive.

Key Dates