Form 4: RENN Fund Vice-President Jay H Kesslen Acquires 500 Shares
SEC Form 4 Filing
Jay H Kesslen, Vice-President of RENN Fund, Inc., purchased 500 shares of common stock at $2.51 per share on April 29, 2025.
Summary
- On April 29, 2025, Jay H Kesslen, Vice-President of RENN Fund, Inc. (RCG), acquired 500 shares of common stock.
- The purchase price was $2.51 per share.
- Following the transaction, Kesslen directly owns 42,863.266 shares of RENN Fund, Inc.
Sentiment
Score: 5
Explanation: This is a neutral report of a stock transaction by a company insider. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a standard SEC Form 4 filing, which is required when a company insider makes a transaction in their company's stock. It provides transparency into the trading activities of company executives and directors.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it provides insight into management's view of the company's stock value.
Key Dates
| Date | Description |
|---|---|
| 04/29/2025 | Date of stock transaction |
| 04/30/2025 | Date of signature |
Keywords
RENN Fund, RCG, Form 4, Insider Trading, Beneficial Ownership, Jay H Kesslen, Stock Acquisition
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