Form 4: RENN Fund, Inc.: Murray Stahl Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Murray Stahl, President and CEO of RENN Fund, Inc., reports transactions involving the acquisition of common stock through various entities.
Summary
- On April 15, 2024, Murray Stahl, President and CEO of RENN Fund, Inc. (RCG), reported changes in beneficial ownership of the company's common stock.
- Stahl acquired shares indirectly through various 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 $1.65.
- Stahl also acquired 2 shares directly.
- After the reported transactions, Stahl directly owns 4,999 shares and indirectly owns shares through various entities.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It simply reports transactions without expressing any 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.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of the company's President and CEO.
- It can influence investor sentiment depending on how the transactions are perceived.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of earliest transaction: Murray Stahl acquired common stock. |
| 04/16/2024 | Date of signature: Form 4 signed by Jay Kesslen, attorney-in-fact. |
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