HORIZON KINETICS ASSET MANAGEMENT LLC 4

What Happened Horizon Kinetics Asset Management LLC, listed as a 10% owner of RENN Fund, Inc. (RCG), acquired 756 shares on July 15, 2026. The reported transaction was a purchase (code P) at $3.00 per share, for a total consideration of $2,268. The Form 4 was filed on July 16, 2026.

Key Details

• Transaction date and price: 2026-07-15 — 756 shares at $3.00 each.
• Total value: $2,268.
• Transaction type: Purchase (open market or private purchase, per filing).
• Filing: Form 4 filed 2026-07-16 for period 2026-07-15 — appears timely.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: HKAM is the investment adviser to the issuer and holds pecuniary interests through various managed accounts; HKAM is a Delaware LLC and a wholly owned subsidiary of Horizon Kinetics Holding Corporation.

Context This report reflects an institutional purchase by a 10% owner/adviser rather than an individual executive. The dollar amount is modest ($2,268), suggesting a small-scale portfolio transaction; such purchases can indicate accumulation but may simply reflect routine portfolio management by the adviser.