Murray Stahl, who serves as President and Co-Portfolio Manager of RENN Fund, Inc. (RCG), was recorded as buying 1,134 shares of the company's common stock on January 23, 2026. The reported purchase price was $2.70 per share, which equates to a total expenditure of $3,061.
The transaction report indicates all of the disclosed activity on that date were purchases. Of the 1,134 shares acquired, Stahl himself directly purchased 360 shares. The remainder of the shares was picked up indirectly via his spouse and a collection of corporate entities associated with him.
After these transactions were recorded, Stahl's direct ownership stands at 142,694 shares. Additional indirect holdings are itemized in the filing as follows: 5,084 shares held through his spouse; 129,108 shares owned by Fromex Equity Corp.; 314,360 shares owned by FRMO Corp.; 353,058 shares owned by Horizon Common Inc.; 11,160 shares held by Horizon Kinetics Hard Assets LLC; and 64,498 shares held by Horizon Kinetics Asset Management LLC.
The public disclosure confines itself to the numbers and the entities through which the indirect holdings are held. The filing does not provide commentary on the motives behind the purchases, any planned future transactions, or how these moves fit into a broader investment strategy. The facts in the filing are limited to the purchase date, share counts, per-share price, total dollar amount for the January 23 purchases, and the breakdown of direct and indirect holdings that comprise Stahl's overall position in RENN Fund, Inc.
Given the narrow scope of the report, readers are advised that the available information is strictly transactional. The record documents the acquisition of 1,134 shares at $2.70 each and the composition of both direct and indirect holdings following the transaction.