[144] BlackLine, Inc. SEC Filing
RENN Fund, Inc. (RCG) Form 4: President, Co-Portfolio Manager and >10% owner Murray Stahl reported open-market purchases on 18-Jul-2025. Seven individual transactions, all at $2.65 per share, totaled 1,130 common shares.
Post-transaction beneficial ownership stands at 96,054 shares held directly. Indirectly, Stahl reports: 2,744 (spouse), 105,708 (Fromex Equity Corp), 290,960 (FRMO Corp), 314,590 (Horizon Common Inc.), 8,820 (Horizon Kinetics Hard Assets LLC) and 53,836 (Horizon Kinetics Asset Management LLC). Stahl disclaims beneficial ownership in the indirect accounts except for any pecuniary interest.
No derivatives were reported. The filing indicates continued accumulation but the dollar value (鈮�$3,000) is small relative to existing holdings, suggesting routine portfolio adjustment rather than a materially significant signal.
RENN Fund, Inc. (RCG) Modulo 4: Il presidente, co-gestore del portafoglio e proprietario di oltre il 10%, Murray Stahl, ha segnalato acquisti sul mercato aperto il 18 luglio 2025. Sono state effettuate sette transazioni individuali, tutte a 2,65 $ per azione, per un totale di 1.130 azioni ordinarie.
Dopo la transazione, la propriet脿 beneficiaria diretta ammonta a 96.054 azioni. Indirettamente, Stahl riporta: 2.744 (coniuge), 105.708 (Fromex Equity Corp), 290.960 (FRMO Corp), 314.590 (Horizon Common Inc.), 8.820 (Horizon Kinetics Hard Assets LLC) e 53.836 (Horizon Kinetics Asset Management LLC). Stahl rinuncia alla propriet脿 beneficiaria nei conti indiretti, fatta eccezione per eventuali interessi pecuniari.
Non sono stati segnalati derivati. Il deposito indica un accumulo continuo, ma il valore in dollari (circa 3.000 $) 猫 modesto rispetto alle partecipazioni esistenti, suggerendo un aggiustamento di portafoglio di routine piuttosto che un segnale materialmente significativo.
RENN Fund, Inc. (RCG) Formulario 4: El presidente, co-gestor de cartera y propietario de m谩s del 10%, Murray Stahl, report贸 compras en el mercado abierto el 18 de julio de 2025. Siete transacciones individuales, todas a $2.65 por acci贸n, totalizaron 1,130 acciones comunes.
Tras la transacci贸n, la propiedad beneficiaria directa es de 96,054 acciones. Indirectamente, Stahl reporta: 2,744 (c贸nyuge), 105,708 (Fromex Equity Corp), 290,960 (FRMO Corp), 314,590 (Horizon Common Inc.), 8,820 (Horizon Kinetics Hard Assets LLC) y 53,836 (Horizon Kinetics Asset Management LLC). Stahl renuncia a la propiedad beneficiaria en las cuentas indirectas salvo por cualquier inter茅s pecuniario.
No se reportaron derivados. El informe indica una acumulaci贸n continua, pero el valor en d贸lares (鈮�$3,000) es peque帽o en relaci贸n con las participaciones existentes, lo que sugiere un ajuste rutinario de cartera m谩s que una se帽al materialmente significativa.
RENN Fund, Inc. (RCG) Form 4: 靷灔 瓴� 瓿惦彊 韽姼韽措Μ鞓� 毵る媹鞝�鞚挫瀽 10% 鞚挫儊 歆�攵� 氤挫湢鞛愳澑 毹鸽爤鞚� 鞀ろ儓(Murray Stahl)鞚� 2025雲� 7鞗� 18鞚� 鞛レ櫢 毵れ垬毳� 氤搓碃頄堨姷雼堧嫟. 氇憪 欤茧嫻 2.65雼煬鞐� 鞚措（鞏挫 鞚缄潮 瓯挫潣 臧滊硠 瓯半灅搿� 齑� 1,130欤� 氤错喌欤�毳� 毵れ垬頄堨姷雼堧嫟.
瓯半灅 頉� 歆侅爲 氤挫湢 歆�攵勳潃 96,054欤�鞛呺媹雼�. 臧勳爲鞝侅溂搿滊姅 鞀ろ儓鞚� 雼れ潓瓿� 臧欖澊 氤搓碃頃╇媹雼�: 2,744欤�(氚办毎鞛�), 105,708欤�(Fromex Equity Corp), 290,960欤�(FRMO Corp), 314,590欤�(Horizon Common Inc.), 8,820欤�(Horizon Kinetics Hard Assets LLC), 53,836欤�(Horizon Kinetics Asset Management LLC). 鞀ろ儓鞚� 旮堨爠鞝� 鞚挫澋鞚� 鞝滌櫢頃� 臧勳爲 瓿勳鞐� 雽�頃� 鞁れ 靻岇湢甓岇潉 攵�鞚疙暕雼堧嫟.
韺岇儩靸來拡 氤搓碃電� 鞐嗢棃鞀惦媹雼�. 鞝滌稖靹滊電� 歆�靻嶌爜鞚� 雸勳爜鞚� 雮橅儉雮挫毵�, 雼煬 臧�旃�(鞎� 3,000雼煬)臧� 旮办〈 氤挫湢攵勳棎 牍勴暣 鞝侅柎 欷戩殧頃� 鞁犿樃霛缄赴氤措嫟電� 鞚检儊鞝侅澑 韽姼韽措Μ鞓� 臁办爼鞛勳潉 鞁滌偓頃╇媹雼�.
RENN Fund, Inc. (RCG) Formulaire 4 : Le pr茅sident, co-gestionnaire de portefeuille et d茅tenteur de plus de 10 %, Murray Stahl, a d茅clar茅 des achats sur le march茅 ouvert le 18 juillet 2025. Sept transactions individuelles, toutes 脿 2,65 $ par action, ont totalis茅 1 130 actions ordinaires.
Apr猫s la transaction, la propri茅t茅 b茅n茅ficiaire directe s'茅l猫ve 脿 96 054 actions d茅tenues directement. Indirectement, Stahl d茅clare : 2 744 (conjoint), 105 708 (Fromex Equity Corp), 290 960 (FRMO Corp), 314 590 (Horizon Common Inc.), 8 820 (Horizon Kinetics Hard Assets LLC) et 53 836 (Horizon Kinetics Asset Management LLC). Stahl d茅cline toute propri茅t茅 b茅n茅ficiaire sur les comptes indirects, sauf pour tout int茅r锚t p茅cuniaire.
Aucun produit d茅riv茅 n'a 茅t茅 signal茅. Le d茅p么t indique une accumulation continue, mais la valeur en dollars (environ 3 000 $) est faible par rapport aux avoirs existants, sugg茅rant un ajustement de portefeuille de routine plut么t qu'un signal mat茅riellement significatif.
RENN Fund, Inc. (RCG) Formular 4: Pr盲sident, Co-Portfolio-Manager und Eigent眉mer von mehr als 10%, Murray Stahl, meldete am 18. Juli 2025 K盲ufe am offenen Markt. Sieben einzelne Transaktionen, alle zu 2,65 $ pro Aktie, ergaben insgesamt 1.130 Stammaktien.
Nach der Transaktion betr盲gt das wirtschaftliche Eigentum direkt gehalten 96.054 Aktien. Indirekt meldet Stahl: 2.744 (Ehepartner), 105.708 (Fromex Equity Corp), 290.960 (FRMO Corp), 314.590 (Horizon Common Inc.), 8.820 (Horizon Kinetics Hard Assets LLC) und 53.836 (Horizon Kinetics Asset Management LLC). Stahl lehnt das wirtschaftliche Eigentum an den indirekten Konten ab, au脽er bei etwaigen pecuni盲ren Interessen.
Es wurden keine Derivate gemeldet. Die Einreichung weist auf eine fortgesetzte Akkumulation hin, aber der Dollarwert (ca. 3.000 $) ist im Vergleich zu den bestehenden Best盲nden gering, was auf eine routinem盲脽ige Portfolioanpassung und nicht auf ein materiell bedeutsames Signal hindeutet.
- Insider confidence: President >10% owner Murray Stahl bought 1,130 shares on the open market.
- None.
Insights
TL;DR: Small insider buy; signal mildly positive but not material.
Stahl added 1,130 shares at $2.65, increasing his direct stake to 96k shares and maintaining extensive indirect holdings. The purchase value (~$3k) is de-minimis versus total ownership (>870k combined), making the activity low impact on valuation. Still, insider buying鈥攅specially by a senior officer who is already a 10%+ holder鈥攖ends to be viewed favorably as a sentiment indicator. No derivatives or sales were disclosed, and no other corporate events accompany the filing, supporting a neutral-to-positive interpretation.
RENN Fund, Inc. (RCG) Modulo 4: Il presidente, co-gestore del portafoglio e proprietario di oltre il 10%, Murray Stahl, ha segnalato acquisti sul mercato aperto il 18 luglio 2025. Sono state effettuate sette transazioni individuali, tutte a 2,65 $ per azione, per un totale di 1.130 azioni ordinarie.
Dopo la transazione, la propriet脿 beneficiaria diretta ammonta a 96.054 azioni. Indirettamente, Stahl riporta: 2.744 (coniuge), 105.708 (Fromex Equity Corp), 290.960 (FRMO Corp), 314.590 (Horizon Common Inc.), 8.820 (Horizon Kinetics Hard Assets LLC) e 53.836 (Horizon Kinetics Asset Management LLC). Stahl rinuncia alla propriet脿 beneficiaria nei conti indiretti, fatta eccezione per eventuali interessi pecuniari.
Non sono stati segnalati derivati. Il deposito indica un accumulo continuo, ma il valore in dollari (circa 3.000 $) 猫 modesto rispetto alle partecipazioni esistenti, suggerendo un aggiustamento di portafoglio di routine piuttosto che un segnale materialmente significativo.
RENN Fund, Inc. (RCG) Formulario 4: El presidente, co-gestor de cartera y propietario de m谩s del 10%, Murray Stahl, report贸 compras en el mercado abierto el 18 de julio de 2025. Siete transacciones individuales, todas a $2.65 por acci贸n, totalizaron 1,130 acciones comunes.
Tras la transacci贸n, la propiedad beneficiaria directa es de 96,054 acciones. Indirectamente, Stahl reporta: 2,744 (c贸nyuge), 105,708 (Fromex Equity Corp), 290,960 (FRMO Corp), 314,590 (Horizon Common Inc.), 8,820 (Horizon Kinetics Hard Assets LLC) y 53,836 (Horizon Kinetics Asset Management LLC). Stahl renuncia a la propiedad beneficiaria en las cuentas indirectas salvo por cualquier inter茅s pecuniario.
No se reportaron derivados. El informe indica una acumulaci贸n continua, pero el valor en d贸lares (鈮�$3,000) es peque帽o en relaci贸n con las participaciones existentes, lo que sugiere un ajuste rutinario de cartera m谩s que una se帽al materialmente significativa.
RENN Fund, Inc. (RCG) Form 4: 靷灔 瓴� 瓿惦彊 韽姼韽措Μ鞓� 毵る媹鞝�鞚挫瀽 10% 鞚挫儊 歆�攵� 氤挫湢鞛愳澑 毹鸽爤鞚� 鞀ろ儓(Murray Stahl)鞚� 2025雲� 7鞗� 18鞚� 鞛レ櫢 毵れ垬毳� 氤搓碃頄堨姷雼堧嫟. 氇憪 欤茧嫻 2.65雼煬鞐� 鞚措（鞏挫 鞚缄潮 瓯挫潣 臧滊硠 瓯半灅搿� 齑� 1,130欤� 氤错喌欤�毳� 毵れ垬頄堨姷雼堧嫟.
瓯半灅 頉� 歆侅爲 氤挫湢 歆�攵勳潃 96,054欤�鞛呺媹雼�. 臧勳爲鞝侅溂搿滊姅 鞀ろ儓鞚� 雼れ潓瓿� 臧欖澊 氤搓碃頃╇媹雼�: 2,744欤�(氚办毎鞛�), 105,708欤�(Fromex Equity Corp), 290,960欤�(FRMO Corp), 314,590欤�(Horizon Common Inc.), 8,820欤�(Horizon Kinetics Hard Assets LLC), 53,836欤�(Horizon Kinetics Asset Management LLC). 鞀ろ儓鞚� 旮堨爠鞝� 鞚挫澋鞚� 鞝滌櫢頃� 臧勳爲 瓿勳鞐� 雽�頃� 鞁れ 靻岇湢甓岇潉 攵�鞚疙暕雼堧嫟.
韺岇儩靸來拡 氤搓碃電� 鞐嗢棃鞀惦媹雼�. 鞝滌稖靹滊電� 歆�靻嶌爜鞚� 雸勳爜鞚� 雮橅儉雮挫毵�, 雼煬 臧�旃�(鞎� 3,000雼煬)臧� 旮办〈 氤挫湢攵勳棎 牍勴暣 鞝侅柎 欷戩殧頃� 鞁犿樃霛缄赴氤措嫟電� 鞚检儊鞝侅澑 韽姼韽措Μ鞓� 臁办爼鞛勳潉 鞁滌偓頃╇媹雼�.
RENN Fund, Inc. (RCG) Formulaire 4 : Le pr茅sident, co-gestionnaire de portefeuille et d茅tenteur de plus de 10 %, Murray Stahl, a d茅clar茅 des achats sur le march茅 ouvert le 18 juillet 2025. Sept transactions individuelles, toutes 脿 2,65 $ par action, ont totalis茅 1 130 actions ordinaires.
Apr猫s la transaction, la propri茅t茅 b茅n茅ficiaire directe s'茅l猫ve 脿 96 054 actions d茅tenues directement. Indirectement, Stahl d茅clare : 2 744 (conjoint), 105 708 (Fromex Equity Corp), 290 960 (FRMO Corp), 314 590 (Horizon Common Inc.), 8 820 (Horizon Kinetics Hard Assets LLC) et 53 836 (Horizon Kinetics Asset Management LLC). Stahl d茅cline toute propri茅t茅 b茅n茅ficiaire sur les comptes indirects, sauf pour tout int茅r锚t p茅cuniaire.
Aucun produit d茅riv茅 n'a 茅t茅 signal茅. Le d茅p么t indique une accumulation continue, mais la valeur en dollars (environ 3 000 $) est faible par rapport aux avoirs existants, sugg茅rant un ajustement de portefeuille de routine plut么t qu'un signal mat茅riellement significatif.
RENN Fund, Inc. (RCG) Formular 4: Pr盲sident, Co-Portfolio-Manager und Eigent眉mer von mehr als 10%, Murray Stahl, meldete am 18. Juli 2025 K盲ufe am offenen Markt. Sieben einzelne Transaktionen, alle zu 2,65 $ pro Aktie, ergaben insgesamt 1.130 Stammaktien.
Nach der Transaktion betr盲gt das wirtschaftliche Eigentum direkt gehalten 96.054 Aktien. Indirekt meldet Stahl: 2.744 (Ehepartner), 105.708 (Fromex Equity Corp), 290.960 (FRMO Corp), 314.590 (Horizon Common Inc.), 8.820 (Horizon Kinetics Hard Assets LLC) und 53.836 (Horizon Kinetics Asset Management LLC). Stahl lehnt das wirtschaftliche Eigentum an den indirekten Konten ab, au脽er bei etwaigen pecuni盲ren Interessen.
Es wurden keine Derivate gemeldet. Die Einreichung weist auf eine fortgesetzte Akkumulation hin, aber der Dollarwert (ca. 3.000 $) ist im Vergleich zu den bestehenden Best盲nden gering, was auf eine routinem盲脽ige Portfolioanpassung und nicht auf ein materiell bedeutsames Signal hindeutet.
FAQ
How many RCG shares did Murray Stahl buy on 18-Jul-2025?
What is Murray Stahl鈥檚 total direct ownership in RENN Fund after the transaction?
Were any shares sold or any derivatives exercised in this Form 4?
What is the value of the insider purchase?
Does Murray Stahl disclaim beneficial ownership of indirect accounts?
