Form 4: David Gebbia Reports Changes in Beneficial Ownership of Siebert Financial Corp (SIEB)

David Gebbia, a member of a 10% owner group of Siebert Financial Corp, reports changes in beneficial ownership, including direct and indirect holdings of common stock.

Summary

• David Gebbia, associated with Siebert Financial Corp (SIEB), filed a Form 4 detailing changes in beneficial ownership.
• As of May 21, 2025, Gebbia directly owns 1,515,318 shares of Siebert Financial Corp common stock.
• Additionally, 74,000 shares are indirectly owned through family members, with Gebbia disclaiming beneficial ownership except for pecuniary interest.
• Gebbia is part of a control group that collectively owns 16,941,323 shares.
• An 18,000 share decrease in the control group's holdings resulted from gifts to family members outside the control group, with Gebbia disclaiming beneficial ownership except for pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing changes in stock ownership, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure required by the SEC for individuals with significant ownership in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider ownership.

Key Dates

Keywords

Beneficial Ownership, Form 4, Siebert Financial Corp, SIEB, David Gebbia, Common Stock, Control Group