Murray Stahl, who serves as President and Co-Portfolio Manager of RENN Fund, Inc. (EXCHANGE: RCG), executed a personal purchase of common stock on February 19, 2026. The transaction consisted of 1,134 shares bought at a price of $2.88 per share. The aggregate cost of that acquisition was $3,265.
Following the February 19 purchase, Stahl's record of direct ownership shows 149,174 shares of RENN Fund common stock. The filing accompanying the transaction also itemizes a series of indirect holdings associated with Stahl through familial and corporate vehicles. Those indirect positions are listed as 5,408 shares held by a spouse, 132,348 shares held by Fromex Equity Corp., 317,600 shares held by FRMO Corp., 358,386 shares held by Horizon Common Inc., 11,484 shares held by Horizon Kinetics Hard Assets LLC and 65,974 shares held by Horizon Kinetics Asset Management LLC.
The disclosure provides a comprehensive tally of the executive's direct and indirect exposure to RENN Fund equity as of the reported trade date. The data shows the composition of holdings split between the shares Stahl holds personally and those held by related parties and affiliated entities.
Readers should note that the information here is limited to the single reported purchase and the listing of associated holdings as presented in the filing. The filing specifies the number of shares transacted, the per-share price, the total value of the purchase and the precise counts of direct and indirect holdings. No additional context or commentary was included in the filing regarding intent, future transactions or broader portfolio changes.
Key details
- Transaction date: February 19, 2026.
- Shares acquired: 1,134 at $2.88 per share.
- Purchase value: $3,265.
- Direct holdings after transaction: 149,174 shares.
- Indirect holdings enumerated by entity: spouse 5,408; Fromex Equity Corp. 132,348; FRMO Corp. 317,600; Horizon Common Inc. 358,386; Horizon Kinetics Hard Assets LLC 11,484; Horizon Kinetics Asset Management LLC 65,974.
This report is limited to the facts disclosed in the filing and does not extend beyond the specific transaction and holdings listed.