Form 4: RENN Fund, Inc. Director Murray Stahl Reports Stock Purchases

Murray Stahl, a director, 10% owner, President, and CEO of RENN Fund, Inc., reported purchasing shares of common stock at $2.60 per share through various direct and indirect accounts.

Summary

• On April 28, 2025, Murray Stahl, a director, 10% owner, President, and CEO of RENN Fund, Inc. [RCG], purchased shares of common stock.
• He acquired 356 shares directly at a price of $2.60 per share, bringing his direct holdings to 76,082 shares.
• He also acquired shares indirectly through several entities: 12 shares for his spouse (totaling 1,876 shares), 180 shares for FROMEX EQUITY CORP (totaling 95,628 shares), 180 shares for FRMO CORP (totaling 280,880 shares), 274 shares for HORIZON COMMON INC. (totaling 298,956 shares), 18 shares for Horizon Kinetics Hard Assets LLC (totaling 7,770 shares), and 254 shares for HORIZON KINETICS ASSET MANAGEMENT LLC (totaling 43,898 shares).
• All indirect purchases were made at $2.60 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 standard regulatory filing detailing stock purchases by a company insider. It doesn't inherently convey strong positive or negative sentiment, but the insider buying could be seen as mildly positive.

Positives

• The director's purchase of shares could be interpreted as a positive signal to the market, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential sentiment.

Stakeholder Impact

• The stock purchases by a director may influence investor confidence and potentially affect the stock price.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Purchase, Murray Stahl, RENN Fund, RCG, Director, Officer