Alun Williams
About Alun Williams
Alun Williams is the Treasurer of RENN Fund, Inc. (RCG). He beneficially owns 1,100 shares, representing 0.02% of the Fund’s common stock; officers and directors as a group owned 27.14% as of June 30, 2025, and the Fund had 7,015,786 shares outstanding at that date . Comparable ownership for Williams in 2024 was 1,100 shares (0.02%), with total group ownership of 22.90% . The latest proxy does not provide Williams’s age, education, tenure, or fund-level performance metrics (TSR, revenue/EBITDA growth) – .
Past Roles
Not disclosed in the latest DEF 14A; the proxy lists officer titles but does not include biographies for Alun Williams beyond his role as Treasurer .
External Roles
Not disclosed in the latest DEF 14A for Alun Williams .
Fixed Compensation
- The latest proxy provides director compensation detail but does not include any officer compensation tables or disclosures for Alun Williams (Treasurer) .
- Independent directors began receiving $1,800 per board meeting effective March 7, 2024; this director fee disclosure is the only compensation detail provided in the proxy .
Performance Compensation
The proxy does not disclose any performance-based compensation (RSUs, PSUs, options, metrics, vesting schedules) for officers, including Alun Williams –.
Equity Ownership & Alignment
Individual Beneficial Ownership (Shares and % of Class)
| Metric | FY 2024 | FY 2025 |
|---|---|---|
| Alun Williams – Shares Owned | 1,100 | 1,100 |
| Alun Williams – Percent of Class | 0.02% | 0.02% |
Group Beneficial Ownership and Shares Outstanding
| Metric | FY 2024 | FY 2025 |
|---|---|---|
| Officers & Directors as a Group – Shares/Percent | 1,606,631; 22.90% | 1,906,928; 27.14% |
| Shares Outstanding (as of June 30) | Not disclosed in proxy excerpt | 7,015,786 |
- No disclosure of pledged shares, hedging/pledging policies, or ownership guidelines for officers in the latest proxy –.
Employment Terms
The latest proxy does not disclose employment start date, contract terms, severance, change-of-control provisions, clawbacks, tax gross-ups, deferred compensation, pension/SERP, or perquisites for Alun Williams –.
Investment Implications
- Alignment: Williams’s direct ownership is small (0.02%), suggesting limited direct equity alignment via fund shares; there are no disclosed officer equity awards or ownership guidelines to increase alignment .
- Selling pressure: With only 1,100 shares disclosed and no equity award vesting schedules reported, near-term insider selling pressure from Williams appears immaterial based on the proxy disclosures .
- Transparency risk: Absence of disclosed officer compensation structures, performance metrics, contracts, severance/change-of-control terms, and clawbacks reduces visibility into pay-for-performance alignment and retention risk for the Treasurer role –.
- Governance compliance: The proxy notes all Section 16(a) filings were timely for FY2024, indicating ongoing insider reporting compliance; monitoring future Form 4 activity remains prudent .