false
0000065596
0000065596
2026-11-03
2026-11-03
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
November 3, 2026
Siebert Financial Corp.
(Exact name of registrant as specified in its charter)
| New York |
|
0-5703 |
|
11-1796714 |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification Number) |
| 535
Fifth Avenue, 4th
Floor, New
York, NY |
|
10017 |
| (Address of principal executive offices) |
|
(Zip Code) |
Registrant’s telephone number, including
area code: (212) 644-2400
(Former name or former address, if changed since
last report.)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
| ☐ |
Written communications pursuant to Rule 425 under the Securities Act |
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act |
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act |
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
| Common Stock - $0.01 par value |
|
SIEB |
|
The Nasdaq Capital Market |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors
or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 3, 2026, the Board of Directors (the
“Board”) of Siebert Financial Corp. (the “Company”) appointed Richard S. Gebbia and David J. Gebbia as Co-Chief
Executive Officers (“Co-CEO”) of the Company effective November 4, 2026. John J. Gebbia will continue to serve as the Company’s
Chief Executive Officer (“CEO”) until November 4, 2026, on which date he will step away from the CEO position and continue
to serve as the Chairman on the Company’s Board.
Richard S. Gebbia, age 59,
has more than 30 years of experience in the securities and brokerage industry. Since entering the industry in 1993, Mr. Richard S. Gebbia
has held various leadership and executive positions. From 2007 to 2020, he served in multiple capacities including as Chief Executive
Officer and a member of its Board of Directors with StockCross Financial Services, Inc. (“StockCross”), until StockCross was
merged with and into Muriel Siebert & Co., LLC, a wholly owned subsidiary of the Company.
David J. Gebbia, age 59, has
more than 30 years of experience in the securities and brokerage industry. Since entering the industry in 1993, Mr. David J. Gebbia has
held a variety of leadership and management positions. He currently serves as President of the Company’s insurance subsidiary, Park Wilshire
Companies, Inc. and its entertainment and sports subsidiary, Gebbia Holdings, LLC.
Richard S. Gebbia and David
J. Gebbia are the sons of John J. Gebbia, the Company’s current CEO and Chairman of the Board of Directors. There are no arrangements
or understandings between Mr. Richard S. Gebbia or Mr. David J. Gebbia and any other person pursuant to which either of them was selected
to serve as an executive officer of the Company.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Dated: November 4, 2026 |
SIEBERT FINANCIAL CORP. |
| |
|
|
| |
By |
/s/ Andrew H. Reich |
| |
|
Andrew H. Reich |
| |
|
Executive Vice President, Chief Operating Officer, Chief Financial Officer, Secretary and Director (Principal financial and accounting officer) |
