Murray Stahl, who serves as President and Co-Portfolio Manager at RENN Fund, Inc. (EXCHANGE: RCG), reported an insider purchase totaling 1,134 shares of common stock, according to a Form 4 filing submitted to the Securities and Exchange Commission. The filing records a per-share purchase price of $2.71, producing an aggregate transaction value of $3,073.
The Form 4 indicates the trades took place on February 10, 2026, and were executed through a combination of direct and indirect acquisitions. Stahl is listed as the direct purchaser of 360 shares. Additional shares were acquired indirectly through a number of related entities and an immediate family member: 18 shares via his spouse, 180 shares through Fromex Equity Corp., 180 shares through FRMO Corp., 296 shares via Horizon Common Inc., 18 shares through Horizon Kinetics Hard Assets LLC, and 82 shares through Horizon Kinetics Asset Management LLC.
After the transactions were recorded, the filing shows Stahl directly holding 147,014 shares of common stock. The filing also notes that he maintains indirect ownership stakes through the various entities referenced above. The Form 4 does not provide additional commentary on the rationale for the purchases or on any planned future transactions.
Details disclosed in the filing are limited to the counts, entities, price per share, transaction date, and resulting direct shareholding. The aggregate monetary value of $3,073 is the product of the reported per-share price and the total 1,134 shares acquired on the stated date.
Contextual note: The public filing is the source of the transaction data reported here. No additional information about the motivations behind the purchases or subsequent actions by Stahl was included in the filing.