Form 4: RENN Fund, Inc. Director Murray Stahl Reports Beneficial Ownership Changes

Murray Stahl, a director, 10% owner, President, and CEO of RENN Fund, Inc., reported changes in beneficial ownership of common stock on February 24, 2025.

Summary

• On February 24, 2025, Murray Stahl reported the acquisition of RENN Fund, Inc. common stock through various direct and indirect holdings.
• Mr. Stahl directly acquired 328 shares at $2.7 per share, bringing his direct holdings to 60,474 shares.
• He also indirectly acquired shares through his spouse (8 shares), FROMEX EQUITY CORP (180 shares), FRMO CORP (180 shares), HORIZON COMMON INC. (274 shares), and Horizon Kinetics Hard Assets LLC (18 shares), and HORIZON KINETICS ASSET MANAGEMENT LLC (254 shares) all at $2.7 per share.
• Following these transactions, Mr. Stahl's indirect holdings amount to 1,354 shares held by his spouse, 87,708 shares held by FROMEX EQUITY CORP, 272,960 shares held by FRMO CORP, 286,884 shares held by HORIZON COMMON INC., 6,978 shares held by Horizon Kinetics Hard Assets LLC, and 32,722 shares held by HORIZON KINETICS ASSET MANAGEMENT LLC.
• Mr. Stahl disclaims beneficial ownership of the indirectly held shares except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of key individuals within the company.

Stakeholder Impact

• Shareholders may be interested in the trading activity of company insiders as it can provide insights into management's perspective on the company's value.

Key Dates