Murray Stahl - May 22, 2025 Form 4 Insider Report for Horizon Kinetics Holding Corp (HKHC)

Role
CEO and CIO, Director, 10%+ Owner
Signature
/s/ Jay Kesslen, attorney-in-fact
Stock symbol
HKHC
Transactions as of
May 22, 2025
Transactions value $
$385
Form type
4
Date filed
5/23/2025, 12:33 PM
Previous filing
May 22, 2025
Next filing
May 27, 2025
SEC
View on sec.gov

Reporting Owners (2)

Name Relationship Address Signature Signature date CIK
STAHL MURRAY CEO and CIO, Director, 10%+ Owner 470 PARK AVENUE SOUTH, 8TH FLOOR SOUTH, NEW YORK /s/ Jay Kesslen, attorney-in-fact 2025-05-23 0001207097
Horizon Common Inc 10%+ Owner 470 PARK AVENUE SOUTH, 8TH FLOOR SOUTH, NEW YORK /s/ Jay Kesslen, attorney-in-fact 2025-05-23 0002033370

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HKHC Common Stock Purchase $308 +8 +0% $38.50 249K May 22, 2025 Direct F1
transaction HKHC Common Stock Purchase $77.00 +2 +0% $38.50 8.22M May 22, 2025 Horizon Common Inc. F2
holding HKHC Common Stock 5 May 22, 2025 Spouse
holding HKHC Common Stock 824K May 22, 2025 FRMO Corp. F3
holding HKHC Common Stock 6.9K May 22, 2025 Kinetics Institutional Partners LP F4
holding HKHC Common Stock 5.81K May 22, 2025 Kinetics Partners LP F4
holding HKHC Common Stock 951 May 22, 2025 Horizon Kinetics Asset Management LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Stahl received 248,460 shares on August 1, 2024 in connection with the merger between Horizon Kinetics LLC and Scotts Liquid Gold-Inc.
F2 Horizon Common Inc. received 8,214,337 shares in connection with the merger between Horizon Kinetics LLC and Scott's Liquid Gold-Inc. Mr. Stahl exercises discretion over the shares of the Issuer and owns approximately 21% of those held by Horizon Common Inc. He disclaims beneficial ownership over the remaining shares.
F3 FRMO Corp. received 823,863 shares in connection with the merger between Horizon Kinetics LLC and Scotts Liquid Gold-Inc. Mr. Stahl exercises discretion over the shares of the Issuer and owns approximately 16% of those held by FRMO Corp. He disclaims beneficial ownership over the remaining shares.
F4 Mr. Stahl exercises discretion over shares of the Issuer and disclaims beneficial ownership except to the extent of his pecuniary interest.