RENN Fund (RCG) 10% Owner Horizon Kinetics Buys 756 Shares

What Happened
Horizon Kinetics Asset Management LLC — listed as a 10% owner and the investment adviser to RENN Fund, Inc. — made an open-market purchase of 756 shares of RCG on 2026-09-11 at $2.98 per share, for a total reported cost of $2,253. The transaction is reported on a Form 4 filed 2026-09-14.

Key Details

• Transaction date and type: 2026-09-11, open-market purchase (code P)
• Price and amount: 756 shares at $2.98 each; total reported $2,253
• Filing: Form 4 filed 2026-09-14 (within the normal 2-business-day reporting window)
• Shares owned after transaction: not specified in the provided filing summary
• 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 (F1).

Context
This is an institutional purchase by a 10% owner/adviser rather than an executive or individual insider. Purchases are often watched closely by investors, but this particular buy is small in dollar terms (~$2.3K) and may reflect portfolio/account-level activity rather than a material vote of confidence by company insiders.