# EDGAR Filing Document

**Accession Number:** 0000088000
**File Stem:** 0001437749-25-038709
**Filing Date:** 2025-12
**Character Count:** 15030
**Document Hash:** d49cf4e4db304a508dc1c154819712b2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001437749-25-038709.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0001437749-25-038709

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251223

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Maran Capital Management, LLC
- **CENTRAL INDEX KEY:** 0001829240

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-13458
- **FILM NUMBER:** 251601441

**BUSINESS ADDRESS:**
- **STREET 1:** 250 FILLMORE STREET, SUITE 150
- **CITY:** DENVER
- **STATE:** CO
- **BUSINESS PHONE:** 917-612-7645

**MAIL ADDRESS:**
- **STREET 1:** 250 FILLMORE STREET, SUITE 150
- **CITY:** DENVER
- **STATE:** CO
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Maran Partners Fund, LP
- **CENTRAL INDEX KEY:** 0001655289

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-13458
- **FILM NUMBER:** 251601445

**BUSINESS ADDRESS:**
- **STREET 1:** C/O MARAN CAPITAL MANAGEMENT, LLC
- **STREET 2:** 250 FILLMORE STREET, SUITE 150
- **CITY:** DENVER
- **STATE:** CO
- **BUSINESS PHONE:** 917-612-7645

**MAIL ADDRESS:**
- **STREET 1:** C/O MARAN CAPITAL MANAGEMENT, LLC
- **STREET 2:** 250 FILLMORE STREET, SUITE 150
- **CITY:** DENVER
- **STATE:** CO
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Maran SPV, LP
- **CENTRAL INDEX KEY:** 0001825478

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-13458
- **FILM NUMBER:** 251601442

**BUSINESS ADDRESS:**
- **STREET 1:** C/O MARAN CAPITAL MANAGEMENT, LLC
- **STREET 2:** 250 FILLMORE STREET, SUITE 150
- **CITY:** DENVER
- **STATE:** CO
- **BUSINESS PHONE:** 917-612-7645

**MAIL ADDRESS:**
- **STREET 1:** C/O MARAN CAPITAL MANAGEMENT, LLC
- **STREET 2:** 250 FILLMORE STREET, SUITE 150
- **CITY:** DENVER
- **STATE:** CO
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Maran SPV GP, LLC
- **CENTRAL INDEX KEY:** 0001829571

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-13458
- **FILM NUMBER:** 251601440

**BUSINESS ADDRESS:**
- **STREET 1:** C/O MARAN CAPITAL MANAGEMENT, LLC
- **STREET 2:** 250 FILLMORE STREET, SUITE 150
- **CITY:** DENVER
- **STATE:** CO
- **BUSINESS PHONE:** 917-612-7645

**MAIL ADDRESS:**
- **STREET 1:** C/O MARAN CAPITAL MANAGEMENT, LLC
- **STREET 2:** 250 FILLMORE STREET, SUITE 150
- **CITY:** DENVER
- **STATE:** CO
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Maran Partners GP, LLC
- **CENTRAL INDEX KEY:** 0001829261

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-13458
- **FILM NUMBER:** 251601443

**BUSINESS ADDRESS:**
- **STREET 1:** C/O MARAN CAPITAL MANAGEMENT, LLC
- **STREET 2:** 250 FILLMORE STREET, SUITE 150
- **CITY:** DENVER
- **STATE:** CO
- **BUSINESS PHONE:** 917-612-7645

**MAIL ADDRESS:**
- **STREET 1:** C/O MARAN CAPITAL MANAGEMENT, LLC
- **STREET 2:** 250 FILLMORE STREET, SUITE 150
- **CITY:** DENVER
- **STATE:** CO
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Roller Daniel J
- **CENTRAL INDEX KEY:** 0001829268

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-13458
- **FILM NUMBER:** 251601444

**MAIL ADDRESS:**
- **STREET 1:** C/O MARAN CAPITAL MANAGEMENT, LLC
- **STREET 2:** 250 FILLMORE STREET, SUITE 150
- **CITY:** DENVER
- **STATE:** CO
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Horizon Kinetics Holding Corp
- **CENTRAL INDEX KEY:** 0000088000
- **STANDARD INDUSTRIAL CLASSIFICATION:** INVESTMENT ADVICE [6282]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 840920811
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 470 PARK AVE S.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10016
- **BUSINESS PHONE:** 6462912300

**MAIL ADDRESS:**
- **STREET 1:** 470 PARK AVE S.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10016

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Scott's Liquid Gold - Inc.
- **DATE OF NAME CHANGE:** 20180828

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SCOTTS LIQUID GOLD INC
- **DATE OF NAME CHANGE:** 19920703

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Maran Partners Fund, LP<br><sub>(Last) (First) (Middle)</sub><br>250 FILLMORE STREET<br>SUITE 150<br><sub>(Street)</sub><br>DENVER, CO 80206<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-12-23 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[ ] Officer (give title below) [X] Other (specify below)<br>_Affiliate_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Horizon Kinetics Holding Corp [ HKHC ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Roller Daniel J<br><sub>(Last) (First) (Middle)</sub><br>250 FILLMORE ST<br>UNIT 150<br><sub>(Street)</sub><br>DENVER, CO 80206<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-12-23 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Horizon Kinetics Holding Corp [ HKHC ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Maran Partners GP, LLC<br><sub>(Last) (First) (Middle)</sub><br>250 FILLMORE ST<br>UNIT 150<br><sub>(Street)</sub><br>DENVER, CO 80206<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-12-23 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[ ] Officer (give title below) [X] Other (specify below)<br>_Affiliate_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Horizon Kinetics Holding Corp [ HKHC ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Maran SPV, LP<br><sub>(Last) (First) (Middle)</sub><br>250 FILLMORE ST<br>UNIT 150<br><sub>(Street)</sub><br>DENVER, CO 80206<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-12-23 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[ ] Officer (give title below) [X] Other (specify below)<br>_Affiliate_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Horizon Kinetics Holding Corp [ HKHC ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Maran Capital Management, LLC<br><sub>(Last) (First) (Middle)</sub><br>250 FILLMORE ST<br>UNIT 150<br><sub>(Street)</sub><br>DENVER, CO 80206<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-12-23 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[ ] Officer (give title below) [X] Other (specify below)<br>_Affiliate_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Horizon Kinetics Holding Corp [ HKHC ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Maran SPV GP, LLC<br><sub>(Last) (First) (Middle)</sub><br>250 FILLMORE ST<br>UNIT 150<br><sub>(Street)</sub><br>DENVER, CO 80206<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-12-23 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[ ] Officer (give title below) [X] Other (specify below)<br>_Affiliate_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Horizon Kinetics Holding Corp [ HKHC ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock<sup>(1)</sup> | 2025-12-23 |  | J<sup>(2)</sup> |  | 25360 | A | $0 | 236066 | D<sup>(3)</sup> |  |
| Common Stock<sup>(1)</sup> | 2025-12-23 |  | J<sup>(4)</sup> |  | 42000 | D | $0 | 0 | I | Maran SPV, LP<sup>(5)</sup> |
| Common Stock<sup>(1)</sup> |  |  |  |  |  |  |  | 9500 | I | Daniel J. Roller |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) 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").

(2) In-kind contributions to MPF.

(3) 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.

(4) The shares were distributed to its Limited Partners as MSPV is winding down.

(5) 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.

**Signature:** /s/ Jay Kesslen, attorney-in-fact  
**Date:** 2025-12-23

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**