Gebbia John J 4

What Happened

• John J. Gebbia, a 10% owner of Siebert Financial Corp (SIEB), was reported as disposing of 6,000 shares on March 9, 2026 by way of a gift. The shares were transferred at $0.00 per share (no cash proceeds). The reporting person does not directly own shares; the transaction reduced his indirect holdings via the family trust.

Key Details

• Transaction date and type: 2026-03-09 — Gift (code G).
• Price and value: $0.00 per share; total reported value $0.
• Shares changed: 6,000 shares gifted (net decrease to the control group/indirect holdings).
• Shares owned after transaction: Reporting person indirectly owns 9,827,494 shares held by the John J & Gloria E Gebbia Trust.
• Footnotes of note:
  • F1: Reporting person does not directly own any common stock.
  • F2: The Gebbia Living Trust made the gift; the reporting person’s indirect holdings decreased by 6,000 shares.
  • F3: The reporting person is part of a family control group; members of the control group made the gift to individuals outside the group. The reporting person disclaims beneficial ownership except for any pecuniary interest.
• Filing timing: Form filed on 2026-03-12 for the Mar 9 transaction (three days later). Form 4s are typically due within two business days, so investors may want to check whether the filing met SEC timeliness requirements.

Context

• Gifts are transfers for estate or personal reasons and do not necessarily signal the insider’s view on the company’s near-term prospects.
• As a 10% owner and member of a family control group, this transaction reflects trust/control-group level transfers rather than an open-market sale by an executive.