Gebbia David 4

What Happened
David Gebbia, a 10% owner of Siebert Financial Corp (SIEB), reported two same-day transactions on Jan 20, 2026: a gift of 13,000 shares (transaction code G) and an offsetting other disposition/transfer of 13,000 shares (transaction code J). Both transactions show $0.00 per-share price (gifts/transfers) and $0 total value. The Form 4 was filed on Jan 22, 2026. The filing indicates Mr. Gebbia directly or indirectly owns 1,415,318 shares of the issuer’s common stock.

Key Details

• Transaction dates: Jan 20, 2026; Form 4 filed Jan 22, 2026.
• Transactions: Gift (G) 13,000 shares @ $0.00; Other disposition/transfer (J) 13,000 shares @ $0.00.
• Shares reported owned after transaction: 1,415,318 (per filing, Reporting Person’s total).
• Notable footnotes:
  • F2: Minor family members were gifted 13,000 shares (net +13,000 indirect), then 13,000 shares were moved to a family LLC (net -13,000 indirect). Various family members hold 374,000 shares.
  • F3: A control-group underreporting of 403,780 shares (shares underlying a warrant issued May 22, 2023) was corrected; beneficial ownership is disclaimed except for pecuniary interest.
  • F4: Members of the control group previously gifted 143,000 shares resulting in a net -143,000 to the control group; beneficial ownership disclaimed except for pecuniary interest.

Context
These transactions are gifts/transfers and not market purchases or open-market sales, so they do not necessarily signal the insider’s view on the company’s outlook. As a reported 10% owner and member of a family control group, many shares are held indirectly among relatives and family entities; the filing clarifies transfers and previously omitted warrant-related shares but disclaims beneficial ownership of certain family-held shares except as to pecuniary interest.