Siebert Financial (SIEB) 10% Owner John J. Gebbia Gifts 22,500 Shares

What Happened
John J. Gebbia, a 10% owner of Siebert Financial Corp. (SIEB), reported a gift of 22,500 shares of the issuer's common stock on August 26, 2026. The shares are reported as a gift (code G) at $0.00 per share (disposed), resulting in a reported net decrease of 22,500 shares to Mr. Gebbia’s indirect ownership. The Form 4 was filed on August 28, 2026. After the transfer, Mr. Gebbia indirectly owns 9,804,994 shares held by the John J & Gloria E Gebbia Trust.

Key Details

• Transaction date: 2026-08-26; transaction recorded as Gift (G); price reported $0.00.
• Shares transferred: 22,500 shares; reported as disposed.
• Shares owned after transaction (indirect): 9,804,994 shares (held by the Gebbia Living Trust).
• F1: Reporting person does not directly own any Issuer common stock.
• F2: Transfer was made from the John J & Gloria E Gebbia Trust (gifted to family members/individuals).
• F3: Control-group note — members gifted 22,500 shares outside the control group and a family member acquired 15,000 shares, producing a net decrease of 7,500 shares to the control group; the reporting person disclaims beneficial ownership except to the extent of pecuniary interest.
• Filing: Form 4 filed 2026-08-28 (covers transaction period 2026-08-26); filing appears timely.

Context
This was a gift transaction (not an open-market sale or purchase), which commonly reflects family transfers, estate planning, or philanthropic activity and does not necessarily indicate the insider’s view of the company’s prospects. As a reported 10% owner and member of a control group, these transfers involve indirect and family holdings rather than typical executive trading.