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

Murray Stahl, Director, President, and CEO of RENN Fund, Inc., reports changes in beneficial ownership of common stock through direct and indirect transactions on November 4, 2024.

Summary

• On November 4, 2024, Murray Stahl, a Director, President, and CEO of RENN Fund, Inc. (RCG), reported changes in his beneficial ownership of the company's common stock.
• Stahl directly acquired 354 shares at a price of $2.19 per share, bringing his direct holdings to 35,198 shares.
• He also reported indirect acquisitions 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 $2.19 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 routine regulatory filing, so the sentiment is neutral.

Management Comments

• For each indirect account, Mr. Stahl disclaims beneficial ownership except to the extent of his pecuniary interest, if any.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key company executive.

Key Dates