Accepted (ET)
12:22 PM
Aug 26, 2026
Filed
Aug 26, 2026
Documents
1
Size
4.5 KB
Summary
RENN Fund (RCG) VP Jay H. Kesslen Buys 1,000 Shares
What Happened
Jay H. Kesslen, Vice‑President of RENN Fund, Inc. (RCG), reported an open‑market/private purchase of 1,000 common shares on 2026-08-25 at $2.93 per share, for a total of $2,930. This was a purchase (insider buying), which many investors view as a potentially more informative signal than routine sales.
Key Details
- Transaction date: 2026-08-25; Filing date: 2026-08-26 (Form 4 accession 0001437749-26-028968) — appears timely.
- Transaction type/code: Purchase (P) — open market or private purchase.
- Price and value: 1,000 shares × $2.93 = $2,930 total.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes/plan: No 10b5-1 plan, tax withholding, or other special footnotes reported in the provided data.
Context
Insider purchases are often watched by retail investors as a potential sign of confidence, though a single small purchase (here ~$2.9k) should be considered alongside other signals and fundamentals. This report is a straightforward buy; no option exercises, gifts, or cashless sales were indicated.