MURRAY STAHL - 20 Jan 2026 Form 4 Insider Report for RENN Fund, Inc. (RCG)

Role: President/Co-Portfolio Manager, 10%+ Owner
Signature: /s/ Jay Kesslen, attorney-in-fact
Issuer symbol: RCG
Transactions as of: 20 Jan 2026
Net transactions value: +$3,050
Form type: 4
Filing time: 21 Jan 2026, 11:12:56 UTC
Previous filing: 20 Jan 2026
Next filing: 22 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
STAHL MURRAY	President/Co-Portfolio Manager, 10%+ Owner	C/O HORIZON KINETICS LLC, 470 PARK AVE S 8TH FL S, NEW YORK	/s/ Jay Kesslen, attorney-in-fact	21 Jan 2026	0001207097

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RCG	Common Stock	Purchase	$968	+360	+0.25%	$2.69	141,614	20 Jan 2026	Direct
transaction	RCG	Common Stock	Purchase	$48.42	+18	+0.36%	$2.69	5,030	20 Jan 2026	Spouse	F1
transaction	RCG	Common Stock	Purchase	$484	+180	+0.14%	$2.69	128,568	20 Jan 2026	Fromex Equity Corp.	F1, F2
transaction	RCG	Common Stock	Purchase	$484	+180	+0.06%	$2.69	313,820	20 Jan 2026	FRMO Corp.	F1, F2
transaction	RCG	Common Stock	Purchase	$796	+296	+0.08%	$2.69	352,170	20 Jan 2026	Horizon Common Inc.	F1, F2
transaction	RCG	Common Stock	Purchase	$48.42	+18	+0.16%	$2.69	11,106	20 Jan 2026	Horizon Kinetics Hard Assets LLC	F1, F2
transaction	RCG	Common Stock	Purchase	$221	+82	+0.13%	$2.69	64,252	20 Jan 2026	Horizon Kinetics Asset Management LLC	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This figure does not include 141,614 shares held directly by Mr. Stahl.
F2	For each indirect account, Mr. Stahl disclaims beneficial ownership except to the extent of his pecuniary interest, if any.