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

What Happened Horizon Kinetics Asset Management LLC, identified as a 10% owner and the investment adviser to RENN Fund, purchased 756 shares of RENN Fund, Inc. (RCG) in an open-market/private purchase on 2026-09-15. The shares were acquired at $3.05 per share for a total transaction value of approximately $2,306. This was a purchase (code P), which is a direct acquisition rather than a sale.

Key Details

• Transaction date and price: 2026-09-15 — 756 shares at $3.05 each.
• Total value: ~$2,306.
• Filing date: 2026-09-16 (filed the next day; appears timely).
• Shares owned after the transaction: Not reported in this Form 4.
• Footnote: Horizon Kinetics Asset Management LLC is a Delaware LLC, a wholly owned subsidiary of Horizon Kinetics Holding Corporation, and has pecuniary interests in shares held across accounts it manages (per footnote F1).
• Transaction type: Purchase (P) — open market/private acquisition.

Context This filing reflects institutional buying by a 10% owner and investment adviser rather than an individual executive. Such purchases may represent portfolio or fund-level adjustments by the adviser; they are factual disclosures and do not, by themselves, indicate insider expectations about future stock performance.