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

What Happened

• Horizon Kinetics Asset Management LLC, a 10% owner and the issuer’s investment adviser, reported an acquisition of 756 shares of RENN Fund, Inc. (RCG) on 2026-09-28. The shares were purchased at $3.04 each for a total of $2,298. This transaction is a purchase (code P), which indicates an acquisition of stock rather than a sale.

Key Details

• Transaction date: 2026-09-28; Report filed: 2026-09-29 (appears timely).
• Price per share: $3.04; Shares acquired: 756; Total value: $2,298.
• Transaction type: Open market or private purchase (P).
• Shares owned after the transaction: not disclosed in the provided filing.
• Footnote: Horizon Kinetics Asset Management LLC is a Delaware LLC, wholly owned by Horizon Kinetics Holding Corporation, and has a pecuniary interest in shares held across various accounts it manages (see F1).
• Filing accession: 0001437749-26-031438.

Context

• This is an institutional purchase by a 10% owner and investment adviser, not an individual executive. Such purchases can reflect portfolio/managed-account activity and do not necessarily signal insider conviction by company officers. The purchase amount is modest relative to typical insider transactions.