STAHL MURRAY 4
4 · RENN Fund, Inc. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
RENN Fund (RCG) 10% Owner Murray Stahl Buys Stock
What Happened Murray Stahl (reported as a 10% owner) purchased a total of 1,134 RENN Fund, Inc. (RCG) shares in multiple open‑market transactions on 2026-03-26. The shares were acquired at $3.29 per share across seven trades, totaling $3,730. These were purchases (code P), which are buy transactions rather than sales.
Key Details
- Transaction date: 2026-03-26; filing date: 2026-03-27 (timely filing).
- Price: $3.29 per share for all reported trades.
- Trades reported: 360, 18, 180, 180, 296, 18, and 82 shares (total 1,134 shares; total value $3,730).
- Shares owned / footnotes: Filing notes 158,174 shares are held directly by Mr. Stahl and are not included in the reported figure (F1). For certain indirect accounts, he disclaims beneficial ownership except to the extent of any pecuniary interest (F2).
- Transaction code: P = Purchase (open market or private purchase).
Context
- As a 10% owner, Mr. Stahl is a large shareholder rather than an executive; these small open‑market buys are additions to substantial existing holdings (the filing cites 158,174 directly held shares).
- Purchases are factual indicators of acquisition activity but do not by themselves disclose motivation or future intent.
Insider Transaction Report
Form 4
STAHL MURRAY
President/Co-Portfolio Manager10% Owner
Transactions
- Purchase
Common Stock
2026-03-26$3.29/sh+360$1,184→ 158,174 total - Purchase
Common Stock
[F1]2026-03-26$3.29/sh+18$59→ 5,858 total(indirect: By Spouse) - Purchase
Common Stock
[F1][F2]2026-03-26$3.29/sh+180$592→ 136,848 total(indirect: Fromex Equity Corp.) - Purchase
Common Stock
[F1][F2]2026-03-26$3.29/sh+180$592→ 322,100 total(indirect: FRMO Corp.) - Purchase
Common Stock
[F1][F2]2026-03-26$3.29/sh+296$974→ 365,786 total(indirect: Horizon Common Inc.) - Purchase
Common Stock
[F1][F2]2026-03-26$3.29/sh+18$59→ 11,934 total(indirect: By LLC) - Purchase
Common Stock
[F1][F2]2026-03-26$3.29/sh+82$270→ 68,024 total(indirect: By LLC)
Footnotes (2)
- [F1]This figure does not include 158,174 shares held directly by Mr. Stahl.
- [F2]For each indirect account, Mr. Stahl disclaims beneficial ownership except to the extent of his pecuniary interest, if any.
Signature
/s/ Jay Kesslen, attorney-in-fact|2026-03-27