Murray Stahl, who serves as President and Co-Portfolio Manager at RENN Fund, Inc. (RCG), disclosed insider purchases of the company’s common stock on March 9, 2026, according to a Form 4 filed with the Securities and Exchange Commission.
The filing shows Stahl acquired 1,134 shares in a series of buys at $2.95 per share, producing a total transaction value of $3,345. The filings detail the nature of ownership involved in these transactions, indicating both direct holdings by Stahl and indirect interests through related parties and entities. Those indirect holders include Spouse, Fromex Equity Corp., FRMO Corp., Horizon Common Inc., Horizon Kinetics Hard Assets LLC, and Horizon Kinetics Asset Management LLC.
The insider purchase took place while RENN Fund's shares were trading near their 52-week high of $3.01. At the time of the filing the stock was quoted at $2.93. The company’s year-to-date return stood at 12.45%, and its price-to-earnings ratio was listed as 5.6 in the same reporting data.
Details in the Form 4 do not provide additional commentary on the motivation for the purchases or further changes to Stahl’s aggregate holdings beyond the specified transaction. The disclosure is limited to the amounts, per-share price, transaction date, and the nature of ownership, as recorded in the SEC filing.
Context from reporting fields included with the filing
- The transaction was reported on a Form 4 submitted to the SEC.
- Purchase date: March 9, 2026.
- Shares acquired: 1,134 at $2.95 per share, total value $3,345.
- Ownership disclosed as a combination of direct and indirect through specified entities and spouse.
- Market data cited alongside the filing: 52-week high $3.01; current trade $2.93; YTD return 12.45%; P/E ratio 5.6.
Additional subscriber materials referenced in the reporting package note that InvestingPro subscribers have access to four additional tips about RCG and Pro Research Reports covering more than 1,400 U.S. stocks. Those items were listed as part of the supplementary content associated with the filing information.
Readers should note that the regulatory filing contains the formal record of the transaction and the ownership designations. The documentation supplied in the Form 4 is the source for the specific figures above and the named indirect holders disclosed alongside Stahl’s direct ownership.