Form 4: Siebert Financial Corp Executive Andrew Reich Reports Gift of Shares
SEC Form 4 Filing
Andrew Reich, EVP, COO, CFO, and Secretary of Siebert Financial Corp, reported gifting 10,000 shares of common stock to an adult family member on June 3, 2024.
Summary
- On June 3, 2024, Andrew H. Reich, EVP, COO, CFO, and Secretary of Siebert Financial Corp, gifted 10,000 shares of the company's common stock to an adult family member.
- Following the transaction, Reich directly owns 720,238 shares of Siebert Financial Corp.
- Reich also holds 28,000 shares indirectly for the benefit of his minor children, but disclaims beneficial ownership except to the extent of his pecuniary interest.
- The transaction was reported on June 5, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral report of a transaction. It doesn't convey any positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect a broader trend in the financial services industry.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of the stock gift transaction. |
| 06/05/2024 | Date the Form 4 was signed. |
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