Siebert Financial insider buys 15,000 shares
SIEBERT FINANCIAL CORP (SIEB) reported that Richard Gebbia, identified as a member of a 10% owner group, had a family member purchase 15,000 shares of common stock on May 28, 2026 at $1.86 per share.
Rhea-AI Filing Summary
SIEBERT FINANCIAL CORP (SIEB) reported that Richard Gebbia, identified as a member of a 10% owner group, had a family member purchase 15,000 shares of common stock on May 28, 2026 at $1.86 per share. These shares are reported as Gebbia’s indirect beneficial ownership through family members, totaling 576,273 shares after the transaction, while he directly owns 3,078,127 shares. A family control group associated with him held 17,060,603 shares after gifts and acquisitions that produced a net decrease of 7,500 shares to the control group. Gebbia disclaims beneficial ownership of family and control group shares except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 15,000 shares
Net Buy
3 txns
Insider
Gebbia Richard
Role
Insider
Bought
15,000 shs ($28K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, $0.01 par value per share F2 | 15,000 | $1.86 | $28K |
| holding | Common Stock, $0.01 par value per share F1 | -- | -- | -- |
| holding | Common Stock, $0.01 par value per share F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value per share — 576,273 shares (Indirect, See Footnote);
Common Stock, $0.01 par value per share — 3,078,127 shares (Direct);
Common Stock, $0.01 par value per share — 17,060,603 shares (Indirect, Control Group)
Footnotes (3)
- F1. The Reporting Person owns 3,078,127 shares of Issuer common stock.
- F2. The Reporting Person's various family members own 576,273 shares of Issuer common stock. A family member of the Reporting Person acquired 15,000 shares of Issuer common stock. These shares are included in the Reporting Person's indirect beneficial ownership holdings. 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
Shares purchased: 15,000 shares
Purchase price per share: $1.86 per share
Indirect family holdings after transaction: 576,273 shares
+4 more
7 metrics
Shares purchased
15,000 shares
Family member purchase on May 28, 2026
Purchase price per share
$1.86 per share
Common stock transaction on May 28, 2026
Indirect family holdings after transaction
576,273 shares
Shares of SIEB common stock owned by various family members
Direct holdings of Reporting Person
3,078,127 shares
Direct ownership of SIEB common stock
Control group holdings after events
17,060,603 shares
Family control group ownership of SIEB common stock
Shares gifted by control group members
22,500 shares
Gifts to individuals outside the control group
Net change in control group holdings
7,500 shares decrease
Net result of 22,500 shares gifted and 15,000 shares acquired
Key Terms
beneficial ownership, control group, pecuniary interest
3 terms
beneficial ownership financial
"These shares are included in the Reporting Person's indirect beneficial ownership holdings."
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.
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.
pecuniary interest financial
"except to the extent of the Reporting Person's pecuniary interest therein."
FAQ
What transaction did Richard Gebbia report in this Form 4 for SIEB?
A family member of Richard Gebbia purchased 15,000 shares of SIEBERT FINANCIAL CORP common stock on May 28, 2026 at $1.86 per share. The shares are included in Gebbia’s indirect beneficial ownership through his family members.
What is the total control group holding reported in this SIEB Form 4?
A family control group associated with Richard Gebbia held 17,060,603 shares of SIEBERT FINANCIAL CORP common stock after the reported events. The filing states Gebbia is part of this control group and disclaims beneficial ownership except for his pecuniary interest.
Did the control group’s SIEB holdings increase or decrease in this Form 4?
The filing states that control group members gifted 22,500 shares and a family member of a group member acquired 15,000 shares, resulting in a net decrease of 7,500 shares of SIEBERT FINANCIAL CORP common stock for the control group.
Were the reported SIEB transactions made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and the footnotes do not state that the 15,000-share purchase or related control group transactions were made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
