Form 4: RENN Fund, Inc. Director Murray Stahl Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Murray Stahl, President and CEO of RENN Fund, Inc., reports transactions involving common stock, including acquisitions through various entities.
Summary
- On April 18, 2024, Murray Stahl, President and CEO of RENN Fund, Inc., reported changes in beneficial ownership of the company's common stock.
- Stahl acquired shares indirectly through various entities, including his spouse, Fromex Equity Corp, FRMO Corp, Horizon Common Inc., and Horizon Kinetics Asset Management LLC.
- The price per share for these acquisitions was $1.68.
- Stahl also directly acquired 2 shares at $1.68 per share.
- Following these transactions, Stahl directly owns 5,005 shares and indirectly owns shares through the aforementioned entities.
- 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 considered neutral.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider. It provides transparency to investors regarding the trading activities of key personnel.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 04/18/2024 | Date of earliest transaction (purchase of common stock) |
| 04/19/2024 | Date of signature on the Form 4 filing |
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