Gebbia Gloria E 4

What Happened

• Gloria E. Gebbia, a 10% owner of Siebert Financial Corp (SIEB), reported a gift of 140,000 common shares on January 20, 2026. The shares were reported as disposed at $0.00 (transaction code G). The filing indicates the Reporting Person does not directly own any shares and indirectly holds shares through the John J & Gloria E Gebbia Living Trust.

Key Details

• Transaction date: 2026-01-20; Transaction type: Gift (G)
• Shares transferred/disposed: 140,000; Reported price/value: $0.00
• Shares owned after transaction (indirect): 9,833,494 shares held by the Gebbia Living Trust (per filing)
• Footnote highlights:
  • F1: Reporting Person does not directly own any issuer common stock.
  • F2: Prior underreporting of 403,780 shares representing shares underlying a warrant issued May 22, 2023 was corrected.
  • F3: The 140,000-share gift came from the Gebbia Living Trust; the Reporting Person and husband jointly own that trust.
  • F4: A control group of family members collectively gifted 143,000 shares; the Reporting Person disclaims beneficial ownership of those shares except for any pecuniary interest.
• Filing date: 2026-01-22 (filed within the typical 2-business-day Form 4 window for a Jan 20 transaction)

Context

• Gifts are transfers for estate planning or family reasons and do not necessarily signal the insider’s view of the company’s prospects. As a reported 10% owner, Gebbia’s transactions reflect changes in significant shareholder holdings rather than routine executive trades. The filing also corrects previously omitted warrant-related shares, increasing the reported indirect ownership.