HORIZON KINETICS ASSET MANAGEMENT LLC 4

What Happened

• Horizon Kinetics Asset Management LLC, listed as a 10% owner and the investment adviser to RENN Fund, acquired 756 shares of RENN Fund, Inc. (RCG) on 2026-07-30. The reported purchase price was $3.06 per share for a total reported value of $2,313. This was coded as a purchase (P), a net acquisition rather than a sale.

Key Details

• Transaction date: 2026-07-30; filing date (Form 4): 2026-07-31.
• Price and amount: 756 shares at $3.06 per share — total $2,313.
• Transaction code: P (purchase — open market or private purchase).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Horizon Kinetics Asset Management LLC is a Delaware adviser and wholly owned subsidiary of Horizon Kinetics Holding Corporation; it has a pecuniary interest in shares held in various accounts it manages (footnote F1).
• Timeliness: Filing was submitted the day after the reported transaction (no late-filing flag indicated).

Context

• This filing reflects an institutional/investment-adviser purchase by a 10% owner, which may represent client account activity rather than a personal acquisition by an executive. Purchases can be informative to investors but do not alone indicate the adviser’s motives or future performance expectations.