Gebbia David 4
Accession 0001213900-26-006701
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 4:30 PM ET
Size
10.2 KB
Accession
0001213900-26-006701
Research Summary
AI-generated summary of this filing
SIEBERT (SIEB) 10% Owner David Gebbia Gifts 13,000 Shares
What Happened
David Gebbia, a 10% owner of Siebert Financial Corp (SIEB), reported two same-day transactions on Jan 20, 2026: a gift of 13,000 shares (transaction code G) and an offsetting other disposition/transfer of 13,000 shares (transaction code J). Both transactions show $0.00 per-share price (gifts/transfers) and $0 total value. The Form 4 was filed on Jan 22, 2026. The filing indicates Mr. Gebbia directly or indirectly owns 1,415,318 shares of the issuer’s common stock.
Key Details
- Transaction dates: Jan 20, 2026; Form 4 filed Jan 22, 2026.
- Transactions: Gift (G) 13,000 shares @ $0.00; Other disposition/transfer (J) 13,000 shares @ $0.00.
- Shares reported owned after transaction: 1,415,318 (per filing, Reporting Person’s total).
- Notable footnotes:
- F2: Minor family members were gifted 13,000 shares (net +13,000 indirect), then 13,000 shares were moved to a family LLC (net -13,000 indirect). Various family members hold 374,000 shares.
- F3: A control-group underreporting of 403,780 shares (shares underlying a warrant issued May 22, 2023) was corrected; beneficial ownership is disclaimed except for pecuniary interest.
- F4: Members of the control group previously gifted 143,000 shares resulting in a net -143,000 to the control group; beneficial ownership disclaimed except for pecuniary interest.
Context
These transactions are gifts/transfers and not market purchases or open-market sales, so they do not necessarily signal the insider’s view on the company’s outlook. As a reported 10% owner and member of a family control group, many shares are held indirectly among relatives and family entities; the filing clarifies transfers and previously omitted warrant-related shares but disclaims beneficial ownership of certain family-held shares except as to pecuniary interest.
Insider Transaction Report
- Gift
Common Stock, $0.01 par value per share
[F2]2026-01-20+13,000→ 387,000 total(indirect: See Footnote) - Other
Common Stock, $0.01 par value per share
[F2]2026-01-20−13,000→ 374,000 total(indirect: See Footnote)
- 1,415,318
Common Stock, $0.01 par value per share
[F1] - 17,074,103(indirect: Control Group)
Common Stock, $0.01 par value per share
[F3][F4]
Footnotes (4)
- [F1]The Reporting Person owns 1,415,318 shares of Issuer common stock.
- [F2]The Reporting Person's minor family members were gifted 13,000 shares of Issuer common stock, resulting in a net increase of 13,000 shares of Issuer common stock to the Reporting Person's indirect ownership. The Reporting Person's family member transferred 13,000 shares of Issuer common stock to a limited liability company owned by various family members, resulting in a net decrease of 13,000 shares of Issuer common stock to the Reporting Person's indirect ownership. Various family members included in the Reporting Person's indirect ownership own 374,000 shares of Issuer common stock. The Reporting Person disclaims beneficial ownership of such shares of Issuer common stock, except to the extent of the Reporting Person's pecuniary interest therein.
- [F3]The Reporting Person is part of a control group consisting of family members of the Reporting Person. The indirect ownership of Issuer common stock by certain members of the control group was underreported by 403,780 shares. These shares represent shares of Issuer common stock underlying a warrant issued by a member of the control group to BCW Securities LLC, a Delaware limited liability company on May 22, 2023, which were previously omitted from the member's beneficial ownership. The Reporting Person disclaims beneficial ownership of such shares of Issuer common stock, except to the extent of the Reporting Person's pecuniary interest therein.
- [F4]The Reporting Person is part of a control group consisting of family members of the Reporting Person. Members of the control group gifted 143,000 shares of issuer common stock to family members and others included and not included within the control group, and subsequent transactions resulted in a net decrease of 143,000 shares of issuer common stock to the control group. The Reporting Person disclaims beneficial ownership of such shares of Issuer common stock, except to the extent of the Reporting Person's pecuniary interest therein.
Signature
Documents
Issuer
SIEBERT FINANCIAL CORP
CIK 0000065596
Related Parties
1- filerCIK 0001737859
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 4:30 PM ET
- Size
- 10.2 KB