Murray Stahl, who serves as President and Co-Portfolio Manager at RENN Fund, Inc. (EXCHANGE: RCG), acquired 1,134 shares of the company's common stock on February 13, 2026. Each share was purchased at a price of $2.83, yielding an aggregate purchase amount of $3,209.
The buys were executed across several transactions and through a mix of direct and indirect channels. Stahl himself directly purchased 360 shares, which raised his direct holdings to 148,094 shares.
Additional purchases on the same date were recorded through affiliated and related parties. The breakdown of those indirect acquisitions is as follows:
- Spouse - 18 shares
- Fromex Equity Corp. - 180 shares
- FRMO Corp. - 180 shares
- Horizon Common Inc. - 296 shares
- Horizon Kinetics Hard Assets LLC - 18 shares
- Horizon Kinetics Asset Management LLC - 82 shares
Taken together, the direct and indirect transactions total the 1,134 shares and match the stated purchase value when priced at $2.83 per share. The reporting records the monetary amount and the distribution of the shares among the parties involved but does not provide additional context regarding strategic intent or any subsequent actions.
This report presents the transactional facts: the number of shares, the per-share price, the total dollar consideration, and the entities through which the shares were obtained. The only change in disclosed long-form holdings cited in the filing is Stahl's updated direct ownership figure of 148,094 shares following his 360-share direct purchase.
No other commentary, forward-looking statements, or broader portfolio shifts are contained within the filing. Where the record is silent - for example on motivations, timing beyond the transaction date, or any plans for future purchases or sales - that absence of additional detail is noted rather than inferred.
Disclosure - The article lists the reported transactions and related figures as presented in the filing. It does not include additional analysis or claims beyond those data points.