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

Signature
/s/ Jay Kesslen, attorney-in-fact
Stock symbol
HKHC
Transactions as of
Aug 22, 2025
Transactions value $
$753
Form type
4
Date filed
8/25/2025, 01:01 PM
Previous filing
Aug 22, 2025
Next filing
Aug 26, 2025

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 2025-08-25 0001207097
Horizon Common Inc 10%+ Owner 470 PARK AVENUE SOUTH, 8TH FLOOR SOUTH, NEW YORK /s/ Jay Kesslen, attorney-in-fact 2025-08-25 0002033370

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HKHC Common Stock Purchase $301 +8 +0% $37.63 249K Aug 22, 2025 Direct
transaction HKHC Common Stock Purchase $226 +6 +0% $37.63 8.22M Aug 22, 2025 Horizon Common Inc. F1
transaction HKHC Common Stock Purchase $188 +5 +0% $37.63 824K Aug 22, 2025 FRMO Corp. F2, F3
transaction HKHC Common Stock Purchase $37.60 +1 $37.63 1 Aug 22, 2025 Horizon Kinetics Hard Assets, LLC F4
holding HKHC Common Stock 5 Aug 22, 2025 Spouse
holding HKHC Common Stock 6.9K Aug 22, 2025 Kinetics Institutional Partners LP F4
holding HKHC Common Stock 5.81K Aug 22, 2025 Kinetics Partners LP F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 This purchase includes shares owned by Fromex Equity Corp, which is a wholly owned subsidiary of FRMO Corp.
F4 Mr. Stahl exercises discretion over shares of the Issuer and disclaims beneficial ownership except to the extent of his pecuniary interest.