Siebert insider details 17.1M-share family stake
Siebert Financial Corp (SIEB) insider John M. Gebbia, identified as a member of a 10% owner group, reported his holdings of common stock.
Rhea-AI Filing Summary
Siebert Financial Corp (SIEB) insider John M. Gebbia, identified as a member of a 10% owner group, reported his holdings of common stock. He directly owns 1,921,891 shares of Siebert common stock. Various family members collectively own an additional 490,000 shares, for which he disclaims beneficial ownership except for any pecuniary interest. Gebbia also reports indirect ownership as part of a family control group holding 17,060,603 shares of Siebert common stock. Within this control group, family members gifted 22,500 shares to individuals outside the group and a related family member acquired 15,000 shares, resulting in a net decrease of 7,500 shares held by the control group, with Gebbia disclaiming beneficial ownership of those shares except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Gebbia John M.
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock, $0.01 par value per share F1 | -- | -- | -- |
| holding | Common Stock, $0.01 par value per share F2 | -- | -- | -- |
| holding | Common Stock, $0.01 par value per share F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value per share — 1,921,891 shares (Direct);
Common Stock, $0.01 par value per share — 490,000 shares (Indirect, See Footnote);
Common Stock, $0.01 par value per share — 17,060,603 shares (Indirect, Control Group)
Footnotes (3)
- F1. The Reporting Person owns 1,921,891 shares of Issuer common stock.
- F2. The Reporting Person's various family members 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. Members of the control group gifted 22,500 shares of Issuer common stock to individuals not included within the control group. Additionally, a family member of a member in the control group acquired 15,000 shares of Issuer common stock. These events resulted in a net decrease of 7,500 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.
Key Figures
Directly owned shares: 1,921,891 shares of common stock
Family members' shares: 490,000 shares of common stock
Control group holdings: 17,060,603 shares of common stock
+3 more
6 metrics
Directly owned shares
1,921,891 shares of common stock
Owned directly by John M. Gebbia as stated in footnote F1
Family members' shares
490,000 shares of common stock
Owned by various family members of the reporting person, per footnote F2
Control group holdings
17,060,603 shares of common stock
Indirect holdings reported as "Control Group" total shares following transaction
Gifted shares from control group
22,500 shares of common stock
Gifted by control group members to individuals outside the group, per footnote F3
Shares acquired by related family member
15,000 shares of common stock
Acquired by a family member of a control group member, per footnote F3
Net change in control group holdings
7,500 shares of common stock decrease
Net decrease in control group shares from gifts and acquisitions, per footnote F3
Key Terms
control group, beneficial ownership, pecuniary interest, Issuer common stock
4 terms
control group financial
"The Reporting Person is part of a control group consisting of family members"
A control group is a set of study subjects that does not receive the treatment or change being tested, providing a baseline to show what happens without the intervention. For investors, control groups matter because they help determine whether reported benefits are real or just coincidence or outside influences—think of testing a new recipe by comparing it against the original to see if the change truly improves the result.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of such shares of Issuer common stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of the Reporting Person's pecuniary interest therein"
Issuer common stock financial
"shares of Issuer common stock to individuals not included within the control group"
FAQ
What SIEB holdings are attributed to John M. Gebbia’s family members?
Various family members of John M. Gebbia own 490,000 shares of Siebert common stock. He disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest in them.
What is the size of the SIEB control group holding reported for John M. Gebbia?
The filing reports that the family control group associated with John M. Gebbia holds 17,060,603 shares of Siebert Financial Corp common stock, with Gebbia disclaiming beneficial ownership except to the extent of his pecuniary interest.
What transactions affected the SIEB control group’s holdings in this Form 4?
Members of the control group gifted 22,500 shares of Siebert stock to individuals outside the group, while a related family member acquired 15,000 shares. These actions led to a net decrease of 7,500 shares held by the control group.
Does John M. Gebbia use a Rule 10b5-1 trading plan for these SIEB holdings?
The document-level Rule 10b5-1 checkbox is marked false, indicating these reported positions and changes are not affirmed as made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
