Siebert Financial (SIEB) 10% Owner John J. Gebbia Gifts 10,000 Shares

What Happened
John J. Gebbia, a reported 10% owner of Siebert Financial Corp (SIEB), had the John J & Gloria E Gebbia Trust gift 10,000 shares of SIEB common stock on 2026-09-02. The shares were transferred as a gift (transaction code G) at $0.00 per share, producing no sale proceeds. After the transfer, the Reporting Person indirectly owns 9,794,994 shares held by the trust.

Key Details

• Transaction date: 2026-09-02; Form 4 filed: 2026-09-04 (filed within typical 2‑day window).
• Transaction type/code: Gift (G); price reported: $0.00; total proceeds: $0.
• Shares transferred: 10,000 shares gifted to an individual outside the control group.
• Shares owned after transaction (indirect): 9,794,994 shares via the Gebbia Living Trust.
• Notable footnotes:
  • F1: Reporting Person does not directly own any issuer common stock.
  • F2: The Gebbia Living Trust (jointly owned with spouse Gloria E. Gebbia) made the gift, reducing the Reporting Person’s indirect holdings by 10,000 shares.
  • F3: Reporting Person is part of a family control group; members of that group made the gift and the Reporting Person disclaims beneficial ownership except for any pecuniary interest.

Context
Gifts are typically estate-planning or personal transfers and do not necessarily signal the insider’s view of the company’s prospects. As a 10% owner and member of a control group, this is institutional/family-related activity rather than an executive open‑market sale or purchase.