Form 4: Siebert Financial Corp Executive Andrew H. Reich Reports Gift of 50,000 Shares

Andrew H. Reich, EVP, COO, CFO, and Secretary of Siebert Financial Corp, reported gifting 50,000 shares of common stock to an adult family member on April 17, 2025.

Summary

• On April 17, 2025, Andrew H. Reich, an executive at Siebert Financial Corp, gifted 50,000 shares of the company's common stock to an adult family member.
• Following this transaction, Reich directly owns 670,238 shares.
• Reich also holds 28,000 shares indirectly through a minor child.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This is a routine disclosure of a transaction by a company insider and doesn't necessarily reflect broader industry trends.

Stakeholder Impact

• The gift of shares by an executive could be perceived in various ways by stakeholders, but the impact is likely minimal given the size of the transaction relative to the total outstanding shares.

Key Dates

Keywords

Form 4, Beneficial Ownership, SIEBERT FINANCIAL CORP, SIEB, Andrew H. Reich, Stock Gift, Executive, Common Stock