Form 4: RENN Fund, Inc.: Murray Stahl Reports Securities Transactions
SEC Form 4
Murray Stahl, President and CEO of RENN Fund, Inc., reports multiple transactions involving common stock, including acquisitions through various indirect holdings.
Summary
- On March 5, 2024, Murray Stahl, President and CEO of RENN Fund, Inc., reported several transactions involving the company's common stock.
- Stahl directly acquired 2 shares at a price of $1.64 per share, bringing his direct holdings to 4,940 shares.
- He also reported indirect acquisitions through his spouse (1 share), FROMEX EQUITY CORP (6 shares), FRMO CORP (24 shares), and HORIZON COMMON INC (25 shares), all at $1.64 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, so the sentiment is neutral.
Management Comments
- Mr. Stahl disclaims beneficial ownership except to the extent of his pecuniary interest, if any.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- Shareholders are informed about the trading activities of a key executive, providing transparency.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of earliest transaction: Murray Stahl acquired shares of RENN Fund, Inc. |
| 03/06/2024 | Date of signature: Report signed by Jay Kesslen, attorney-in-fact. |
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