Siebert Financial (SIEB) 10% Owner Gloria Gebbia Gifts 10,000 Shares

What Happened
Gloria E. Gebbia, a 10% owner of Siebert Financial Corp (SIEB), reported a gift of 10,000 shares of the issuer's common stock on September 2, 2026. The shares were transferred as a gift (transaction code G) with no cash consideration (price $0.00), so the transaction generated $0 in proceeds. The filing shows this reduced the Reporting Person's indirect ownership by 10,000 shares; after the gift, the Reporting Person indirectly owns 9,794,994 shares through the John J & Gloria E Gebbia Living Trust.

Key Details

• Transaction date: 2026-09-02; Form 4 filed: 2026-09-04.
• Transaction type/code: Gift (G); Shares transferred: 10,000; Price: $0.00; Value: $0.
• Shares owned after transaction (indirect): 9,794,994 shares (held by the Gebbia Living Trust). The Reporting Person does not directly own any shares.
• Footnotes: The gift was made by the Gebbia Living Trust and by members of a family control group; the Reporting Person disclaims beneficial ownership except for any pecuniary interest.
• Timeliness: Form 4 was filed two days after the transaction (appears timely under standard 2-business-day filing rules).

Context
Gifts of shares are not purchases and generally do not reflect a direct trading intent or market view; they often relate to estate planning or personal transfers. As a reported 10% owner, Gebbia's holdings are primarily indirect (via the family trust/control group), and this gift represents a small reduction in that indirect stake.