Form 4: RENN Fund, Inc. Director Murray Stahl Reports Securities Transactions
SEC Form 4
Murray Stahl, a director and officer of RENN Fund, Inc., reported the acquisition of common stock through various entities and personal accounts at a price of $1.7 per share.
Summary
- On April 16, 2024, Murray Stahl, President and CEO of RENN Fund, Inc. (RCG), reported transactions involving the company's common stock.
- Mr. Stahl acquired shares indirectly through his spouse, Fromex Equity Corp, FRMO Corp, Horizon Common Inc., and Horizon Kinetics Asset Management LLC.
- He also acquired shares directly.
- All transactions were executed at a price of $1.7 per share.
- Following these transactions, Mr. Stahl beneficially owns a total of 5,001 shares directly and various amounts indirectly through the entities mentioned.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in the financial industry. It provides transparency into the trading activities of company executives and directors.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key company executive.
Key Dates
| Date | Description |
|---|---|
| 04/16/2024 | Date of the reported securities transactions. |
| 04/17/2024 | Date of signature by attorney-in-fact. |
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