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

Murray Stahl, President and CEO of RENN Fund, Inc., reports changes in beneficial ownership of common stock through direct and indirect acquisitions on July 1, 2024.

Summary

• On July 1, 2024, Murray Stahl, President and CEO of RENN Fund, Inc., reported changes in his beneficial ownership of the company's common stock.
• Stahl acquired 22 shares of common stock directly at a price of $1.72 per share, bringing his direct holdings to 5,368 shares.
• He also reported indirect acquisitions through various entities, including his spouse, FROMEX Equity Corp, Horizon Common Inc., and Horizon Kinetics Asset Management LLC, at a price of $1.72 per share.
• The indirect acquisitions resulted in the following holdings: 457 shares held by his spouse, 61,328 shares held by FROMEX Equity Corp, 30 shares held by Horizon Common Inc., 245,204 shares held by Horizon Kinetics Asset Management LLC and 249,393 shares held by FRMO Corp.
• 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, 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

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to the market regarding changes in their ownership positions.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of the company's President and CEO.

Key Dates