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, including acquisitions through various entities.

Summary

• On March 4, 2024, Murray Stahl, President and CEO of RENN Fund, Inc. (RCG), reported changes in his beneficial ownership of the company's common stock.
• Stahl acquired 1 share of common stock directly at a price of $1.58.
• He also reported indirect acquisitions through his spouse (1 share), FROMEX Equity Corp (6 shares), FRMO Corp (24 shares), and Horizon Common Inc (24 shares) at the same price of $1.58.
• Following these transactions, Stahl directly owns 4,938 shares and indirectly owns shares through various entities, including 371 shares held by his spouse, 60,665 shares held by FROMEX Equity Corp, 242,552 shares held by FRMO Corp, and 246,633 shares held by 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 neutral regulatory filing, reporting changes in stock ownership. It doesn't inherently convey positive or negative sentiment.

Management Comments

• Mr. Stahl disclaims beneficial ownership except to the extent of his pecuniary interest, if any.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of key individuals within the company.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It can influence investor perception of management's confidence in the company.

Key Dates