Maran Partners Fund, LP - 23 Dec 2025 Form 4 Insider Report for Horizon Kinetics Holding Corp (HKHC)

Role
Affiliate
Signature
/s/ Jay Kesslen, attorney-in-fact
Issuer symbol
HKHC
Transactions as of
23 Dec 2025
Net transactions value
$0
Form type
4
Filing time
23 Dec 2025, 16:54:46 UTC
SEC
View on sec.gov

Reporting Owners (6)

Name Relationship Address Signature Signature date CIK
Maran Partners Fund, LP Affiliate 250 FILLMORE STREET, SUITE 150, DENVER /s/ Jay Kesslen, attorney-in-fact 23 Dec 2025 0001655289
Roller Daniel J Director 250 FILLMORE ST, UNIT 150, DENVER /s/ Jay Kesslen, attorney-in-fact 23 Dec 2025 0001829268
Maran Partners GP, LLC Affiliate 250 FILLMORE ST, UNIT 150, DENVER /s/ Jay Kesslen, attorney-in-fact 23 Dec 2025 0001829261
Maran SPV, LP Affiliate 250 FILLMORE ST, UNIT 150, DENVER /s/ Jay Kesslen, attorney-in-fact 23 Dec 2025 0001825478
Maran Capital Management, LLC Affiliate 250 FILLMORE ST, UNIT 150, DENVER /s/ Jay Kesslen, attorney-in-fact 23 Dec 2025 0001829240
Maran SPV GP, LLC Affiliate 250 FILLMORE ST, UNIT 150, DENVER /s/ Jay Kesslen, attorney-in-fact 23 Dec 2025 0001829571

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HKHC Common Stock Other $0 +25,360 +12% $0.000000 236,066 23 Dec 2025 Direct F1, F2, F3
transaction HKHC Common Stock Other $0 -42,000 -100% $0.000000 0 23 Dec 2025 Maran SPV, LP F1, F4, F5
holding HKHC Common Stock 9,500 23 Dec 2025 Daniel J. Roller F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is filed jointly by Maran Partners Fund, LP ("MPF"), a Delaware limited partnership, Maran Partners GP, LLC ("MPGP"), a Delaware limited liability company, Maran SPV, LP ("MSPV"), a Delaware limited partnership, Maran SPV GP, LLC ("MSPVGP"), a Colorado limited liability company, Maran Capital Management, LLC ("MCM"), a Delaware limited liability company, and Daniel J. Roller (collectively, the "Reporting Persons").
F2 In-kind contributions to MPF.
F3 Securities owned directly by MPF. The reported securities may be deemed to be indirectly beneficially owned by MPGP, as the general partner of MPF. The reported securities may also be deemed to be indirectly beneficially owned by MCM, as the investment manager of MPF. The reported securities may also be deemed to be indirectly beneficially owned by Daniel J. Roller, as the sole managing member of MPGP and MCM. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
F4 The shares were distributed to its Limited Partners as MSPV is winding down.
F5 Securities owned directly by MSPV. The reported securities may be deemed to be indirectly beneficially owned by MSPVGP, as the general partner of the MSPV. The reported securities may also be deemed to be indirectly beneficially owned by MCM, as the investment manager of MSPV. The reported securities may also be deemed to be indirectly beneficially owned by Daniel J. Roller, as the sole managing member of MSPVGP and MCM. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.