Siebert Financial (SIEB) 10% Owner Gloria Gebbia Gifts 22,500 Shares

What Happened Gloria E. Gebbia, a reported 10% owner of Siebert Financial Corp (SIEB), disposed of 22,500 shares on 2026-08-26 by gift (transaction code G). The reported price per share was $0.00 (gift), so no sale proceeds were reported. The shares were gifted by the John J & Gloria E Gebbia TTEESS UAD 12/8/94 ("Gebbia Living Trust"), of which the Reporting Person and her spouse are joint owners.

Key Details

• Transaction date: 2026-08-26; Form 4 filed 2026-08-28 (timely within the 2-business-day window).
• Transaction type/code: Gift (G); Price reported: $0.00; Shares transferred: 22,500.
• Shares owned after transaction: Reporting Person indirectly owns 9,804,994 shares held by the Gebbia Living Trust (the Reporting Person does not directly own any shares).
• Footnotes: (1) Reporting Person has no direct ownership. (2) The gift came from the family trust the Reporting Person and spouse jointly own. (3) A control group of family members also made gifts/transactions that produced a net decrease of 7,500 shares to the control group; the Reporting Person disclaims beneficial ownership except to the extent of any pecuniary interest.
• Filing timeliness: Not late (filed within two business days).

Context Gifts are not market purchases and generally do not signal insider confidence in the company’s near-term stock performance. Because the shares were transferred from a family trust and the Reporting Person’s ownership is indirect, this is primarily an estate/wealth-transfer action rather than an executive trading decision.