Form 4: RENN Fund, Inc. Director Murray Stahl Reports Securities Transactions

Murray Stahl, a director and officer of RENN Fund, Inc., reported the acquisition of common stock through various indirect holdings on March 22, 2024.

Summary

• On March 22, 2024, Murray Stahl, President and CEO and a director of RENN Fund, Inc. [RCG], reported transactions involving the company's common stock.
• Stahl acquired shares indirectly through several entities, including his spouse, Fromex Equity Corp, FRMO Corp, Horizon Common Inc., and Horizon Kinetics Asset Management LLC.
• The price per share for these transactions was $1.63.
• Stahl directly owns 4,966 shares and indirectly owns 386 shares through his spouse, 60,749 shares through Fromex Equity Corp, 242,888 shares through FRMO Corp, and 246,970 shares through Horizon Common Inc.
• 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 SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of securities transactions by a company insider, as required by the SEC. It provides transparency regarding the holdings and trading activities of key personnel.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the trading activities of a key insider.

Key Dates