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

Murray Stahl, President and CEO of RENN Fund, Inc., reports changes in beneficial ownership of common stock through a series of purchases on November 5, 2024.

Summary

• On November 5, 2024, Murray Stahl, President and CEO of RENN Fund, Inc., reported changes in his beneficial ownership of the company's common stock.
• Stahl directly purchased 354 shares at $2.21 per share, increasing his direct holdings to 35,552 shares.
• He also reported indirect purchases through various entities, including his spouse (4 shares), FROMEX EQUITY CORP (180 shares), FRMO CORP (180 shares), HORIZON COMMON INC. (230 shares), Horizon Kinetics Hard Assets LLC (84 shares), and Horizon Kinetics Asset Management LLC (206 shares), all at a price of $2.21 per share.
• 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 neutral regulatory filing, so the sentiment is neither positive nor negative.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company executives and directors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It assures stakeholders that insider transactions are being monitored and reported as required by regulations.

Key Dates