Form 4: Richard Gebbia Reports Acquisition and Disposal of Siebert Financial Corp Stock

Richard Gebbia, a member of a 10% owner group of Siebert Financial Corp, reports acquiring 125,000 shares and disposing of 588,535 shares of common stock on March 3, 2025.

Summary

• On March 3, 2025, Richard Gebbia, a member of a 10% owner group of Siebert Financial Corp, acquired 125,000 shares of common stock at $0.00 per share.
• On the same day, Gebbia disposed of 588,535 shares of common stock.
• Following these transactions, Gebbia directly owns 588,535 shares of Siebert Financial Corp.
• Gebbia also has indirect beneficial ownership of 2,850,865 shares, including shares owned by family members and his wife.
• He disclaims beneficial ownership of shares held by his wife, except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a significant shareholder. It doesn't necessarily reflect broader industry trends but provides insight into the actions of a key insider at Siebert Financial Corp.

Stakeholder Impact

• The transactions may influence investor perception of Siebert Financial Corp.
• Significant changes in ownership by major shareholders can sometimes affect stock price.

Key Dates