Form 4 for RENX RenX Enterprises Corp.
Accepted 2025-10-02 00:00:00 ET · period of report 2025-09-29 · accession 0001213900-25-095612 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2025-10-02 | 2025-09-29 | RENX | Borg Bjarne Erik Siwert | Dir, 10% | D - Sale to Iss | — | -485.8K | 0 | -100% | — |
| DI | 2025-10-02 | 2025-09-29 | RENX | Borg Bjarne Erik Siwert | Dir, 10% | A - Grant | — | +485.8K | 485.8K | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Series A Convertible Preferred Stock | 2025-09-29 | D | D | 485,766 | — | 0 | I By Index Equity US LLC and Index Resource Equity LLC | — | — | (F2) Total includes 485,616 shares of Series A Preferred held by Index Equity US LLC ("IEU") and 150 shares of Series A Preferred held by Index Resource Equity LLC ("IRE"). The Reporting Person is the manager of IEU and the manager of Index Management Services LLC, which is the manager of IRE. (F1) At the Issuer's Annual Meeting of Stockholders held on September 29, 2025, the Issuer's stockholders approved the issuance of the Issuer's common stock, par value $0.001 per share (the "Common Stock") upon the conversion of the Issuer's Series A Convertible Preferred Stock pursuant to the terms set forth in the Certificate of Designation of Preferences, Rights and Limitations of Series A Convertible Preferred Stock ("Series A Preferred"). Stockholder approval of the conversion feature of the shares of Series A Preferred held by the Reporting Person is being reported herein as a disposition of a non-derivative security to the Issuer and an acquisition of a derivative security from the Issuer. There is no expiration date related to the conversion of the shares of Series A Preferred into shares of Common Stock. (F3) The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. |
| 2 | Derivative | Series A Convertible Preferred Stock | 2025-09-29 | A | A | 485,766 | — | 485,766 | I By Index Equity US LLC and Index Resource Equity LLC | — · 2025-09-29 to — | 1,060,489 Common Stock | (F2) Total includes 485,616 shares of Series A Preferred held by Index Equity US LLC ("IEU") and 150 shares of Series A Preferred held by Index Resource Equity LLC ("IRE"). The Reporting Person is the manager of IEU and the manager of Index Management Services LLC, which is the manager of IRE. (F1) At the Issuer's Annual Meeting of Stockholders held on September 29, 2025, the Issuer's stockholders approved the issuance of the Issuer's common stock, par value $0.001 per share (the "Common Stock") upon the conversion of the Issuer's Series A Convertible Preferred Stock pursuant to the terms set forth in the Certificate of Designation of Preferences, Rights and Limitations of Series A Convertible Preferred Stock ("Series A Preferred"). Stockholder approval of the conversion feature of the shares of Series A Preferred held by the Reporting Person is being reported herein as a disposition of a non-derivative security to the Issuer and an acquisition of a derivative security from the Issuer. There is no expiration date related to the conversion of the shares of Series A Preferred into shares of Common Stock. (F6) The Reporting Person received the shares of Series A Preferred from the Issuer as partial consideration for the Reporting Person's membership interest in Resource Group in connection with the Issuer's acquisition of Resource Group US Holdings LLC ("Resource Group") pursuant to the Membership Interests Purchase Agreement, dated as of February 25, 2025, as amended June 2, 2025. (F3) The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. (F4) Each share of Series A Preferred is convertible into six shares of the Issuer's Common Stock, subject to compliance with Nasdaq rules. |