SIEB insider reports family gifts, 16.8M-share control group

Rhea-AI Filing Summary

Siebert Financial Corp. insider ownership changes were reported by a single reporting person on a Form 4. The individual directly owns 1,924,891 shares of Siebert Financial Corp. common stock. Various family-related transactions on 11/20/2025 affected the reporting person’s indirect holdings and those of a broader family control group.

The report notes that minor family members were gifted 26,000 shares, increasing the reporting person’s indirect ownership, and that 26,000 shares were then transferred by family members to a family-owned limited liability company, decreasing that indirect ownership by the same amount. Family members included in the reporting person’s indirect ownership hold 490,000 shares of common stock, and a family control group collectively holds 16,813,323 shares. The reporting person disclaims beneficial ownership of these family and control group shares except to the extent of any pecuniary interest.

Insider Trade Summary

26,000 shares gifted

Mixed 4 txns

Insider Gebbia John M.

Role Insider

Type	Security	Shares	Price	Value
Gift	Common Stock, $0.01 par value per share	26,000	$0.00	--
Other	Common Stock, $0.01 par value per share	26,000	$0.00	--
holding	Common Stock, $0.01 par value per share	--	--	--
holding	Common Stock, $0.01 par value per share	--	--	--

Holdings After Transaction: Common Stock, $0.01 par value per share — 516,000 shares (Indirect, See Footnote); Common Stock, $0.01 par value per share — 1,924,891 shares (Direct)

Footnotes (1)

1. The Reporting Person owns 1,924,891 shares of Issuer common stock. The Reporting Person's minor family members was 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. The Reporting Person is part of a control group consisting of family members of the Reporting Person. The Gebbia Living Trust, a member of the control group, gifted 128,000 shares of Issuer common stock to family members included and not included in the control group, and subsequent transactions resulted in a net decrease of 128,000 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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gebbia John M.

(Last) (First) (Middle)

C/O SIEBERT FINANCIAL CORP.

653 COLLINS AVENUE

(Street)

MIAMI BEACH FL 33139

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SIEBERT FINANCIAL CORP [ SIEB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Member of 10% owner group

3. Date of Earliest Transaction (Month/Day/Year)
11/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.01 par value per share								1,924,891	D(1)
Common Stock, $0.01 par value per share	11/20/2025	11/20/2025	G	V	26,000	A	$0	516,000	I	See Footnote(2)
Common Stock, $0.01 par value per share	11/20/2025	11/20/2025	J	V	26,000	D	$0	490,000	I	See Footnote(2)
Common Stock, $0.01 par value per share								16,813,323	I	Control Group(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The Reporting Person owns 1,924,891 shares of Issuer common stock.

2. The Reporting Person's minor family members was 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.

3. The Reporting Person is part of a control group consisting of family members of the Reporting Person. The Gebbia Living Trust, a member of the control group, gifted 128,000 shares of Issuer common stock to family members included and not included in the control group, and subsequent transactions resulted in a net decrease of 128,000 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.

	/s/ John M. Gebbia	11/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did SIEB report on this Form 4?

The Form 4 reports family-related transfers and gifts of Siebert Financial Corp. common stock on 11/20/2025, affecting the reporting person’s indirect ownership but not changing the number of directly owned shares.

How many SIEB shares does the reporting person directly own?

The reporting person directly owns 1,924,891 shares of Siebert Financial Corp. common stock, as stated in the explanation of responses.

What happened with the 26,000 gifted SIEB shares?

Minor family members received a gift of 26,000 shares of Siebert Financial Corp. common stock, increasing the reporting person’s indirect ownership, and those same 26,000 shares were then transferred by family members to a family-owned limited liability company, decreasing indirect ownership by the same amount.

How many SIEB shares are held by family members included in the reporting person’s indirect ownership?

Family members included in the reporting person’s indirect ownership collectively hold 490,000 shares of Siebert Financial Corp. common stock, with the reporting person disclaiming beneficial ownership except for any pecuniary interest.

What is the size of the SIEB family control group mentioned?

The report notes that a family control group holds 16,813,323 shares of Siebert Financial Corp. common stock, and the reporting person is part of this control group.

Were any SIEB shares gifted by the Gebbia Living Trust?

Yes. The Gebbia Living Trust, a member of the family control group, gifted 128,000 shares of Siebert Financial Corp. common stock to various family members, leading to a net decrease of 128,000 shares for the control group.

Does the reporting person claim full ownership of all family and control group SIEB shares?

No. The reporting person expressly disclaims beneficial ownership of the family and control group shares, except to the extent of any pecuniary interest in those shares.