Gebbia John M. 4
Accession 0001213900-26-006703
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 4:30 PM ET
Size
11.2 KB
Accession
0001213900-26-006703
Research Summary
AI-generated summary of this filing
SIEBERT FINANCIAL (SIEB) 10% Owner John M. Gebbia Gifts Shares
What Happened
John M. Gebbia, a reported 10% owner of Siebert Financial Corp. (SIEB), reported gift and transfer activity on January 20, 2026. The filing shows a 3,000-share gift reducing his direct ownership, a 26,000-share gift to minor family members (increasing his indirect ownership), and a corresponding 26,000-share transfer/disposition (code J) that moved those family-held shares into a family-owned LLC. All transactions were gifts or internal transfers and reported with $0 value.
Key Details
- Transaction date(s): January 20, 2026; Form 4 filed January 22, 2026. No late filing flag indicated in the filing.
- Transaction types and amounts: G (gift) — 3,000 shares disposed (direct ownership down); G (gift) — 26,000 shares acquired (indirect ownership up); J (other disposition) — 26,000 shares disposed (transfer to family LLC). All at $0.00 per share.
- Shares owned after transaction: The Form 4 does not state a single total for Gebbia’s post-transaction holdings. Footnotes note various family members included in indirect ownership hold 490,000 shares; a warrant-related 403,780 shares were previously omitted from a control-group member’s beneficial ownership; and the control group experienced a net decrease of 143,000 shares from earlier gifts. The reporting person disclaims beneficial ownership of many family-held shares except to the extent of any pecuniary interest.
- Notable footnotes: F1–F4 explain the gift to individuals and minors, the transfer to a family LLC, an underreported 403,780 shares related to a warrant issued May 22, 2023, and prior control-group gift activity of 143,000 shares.
- Value: All transactions reported at $0 (gifts/transfers), so no cash changed hands.
Context
Gifts and intra-family transfers are common estate-planning or family reorganization moves and do not directly signal buy/sell sentiment about the company's stock. As a 10% owner and member of a family control group, Gebbia’s filing reflects changes in direct vs. indirect holdings and disclosures about other family members’ holdings (including previously omitted warrant-related shares), rather than open-market trading.
Insider Transaction Report
- Gift
Common Stock, $0.01 par value per share
[F1]2026-01-20−3,000→ 1,921,891 total - Gift
Common Stock, $0.01 par value per share
[F2]2026-01-20+26,000→ 516,000 total(indirect: See Footnote) - Other
Common Stock, $0.01 par value per share
[F2]2026-01-20−26,000→ 490,000 total(indirect: See Footnote)
- 17,074,103(indirect: Control Group)
Common Stock, $0.01 par value per share
[F3][F4]
Footnotes (4)
- [F1]The Reporting Person gifted 3,000 shares of Issuer common stock to persons, resulting in a net decrease of 3,000 shares of Issuer common stock to the Reporting Person's direct ownership.
- [F2]The Reporting Person's minor family members were gifted 26,000 shares of Issuer common stock, resulting in a net increase of 26,000 shares of Issuer common stock to the Reporting Person's indirect ownership. The Reporting Person's family members transferred 26,000 shares of Issuer common stock to a limited liability company owned by various family members, resulting in a net decrease of 26,000 shares of Issuer common stock to the Reporting Person's indirect ownership. Various family members included in the Reporting Person's indirect ownership own 490,000 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 0001727425
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 4:30 PM ET
- Size
- 11.2 KB