Form 4: Siebert Financial Director Gifts 128,000 Shares

Siebert Financial Corp. Director Gloria E. Gebbia reported a gift of 128,000 common shares from a family trust to family members.

Summary

• Gloria E. Gebbia, a Director and 10% owner of Siebert Financial Corp. (SIEB), reported a transaction on November 20, 2025.
• 128,000 shares of Siebert Financial Corp. common stock were gifted from the John J & Gloria E Gebbia TTEESS UAD 12/8/94 ("Gebbia Living Trust") to family members.
• This transaction resulted in a net decrease of 128,000 shares in Gloria E. Gebbia's indirect beneficial ownership.
• Following the gift, Gloria E. Gebbia indirectly owns 9,569,714 shares of Issuer common stock through the Gebbia Living Trust.
• The control group, of which Ms. Gebbia is a part, also experienced a net decrease of 128,000 shares, now indirectly holding 16,813,323 shares.
• Ms. Gebbia disclaims beneficial ownership of these shares except to the extent of her pecuniary interest.

Sentiment

Score: 5

Explanation: The transaction is a gift of shares by an insider, which is a neutral event for the company's operational performance. It represents a change in indirect beneficial ownership for estate planning purposes rather than a market-driven sale or purchase.

Industry Context

This filing represents a routine insider transaction, specifically a gift of shares, which is a common occurrence among high-net-worth individuals for estate planning or philanthropic purposes. It does not reflect operational performance or strategic shifts within the financial services industry.

Related Party Transactions

• The Gebbia Living Trust, jointly owned by Gloria E. Gebbia and her husband, gifted 128,000 shares of Issuer common stock to family members, some of whom are included within the control group.

Stakeholder Impact

• Shareholders: A minor decrease in indirect insider ownership, but the shares remain within the broader family/control group, suggesting continued alignment of interests.
• Company: No direct operational or financial impact from this personal transaction.

Key Dates

Keywords

Siebert Financial Corp, SIEB, Insider Transaction, Form 4, Stock Gift, Beneficial Ownership, Director, 10% Owner