SIEB Form 4: Gebbia details family transfers, 3.08M direct shares

Rhea-AI Filing Summary

Siebert Financial Corp. (SIEB) insider Richard Gebbia filed a Form 4 reporting family-related transfers of common stock and confirming his current holdings. He directly owns 3,078,127 shares of Siebert common stock. A minor family member was gifted 13,000 shares, and that same amount was later transferred by the family member to a family-owned LLC, both at a price of $0, leaving Gebbia with 561,273 shares reported as indirectly owned through various family members. Gebbia is also part of a family control group that collectively reports 16,813,323 shares as indirectly owned, with earlier gifts from the Gebbia Living Trust causing a 128,000-share net decrease to the control group. Gebbia disclaims beneficial ownership of the indirectly held family and control-group shares except to the extent of his pecuniary interest.

Insider Trade Summary

13,000 shares gifted

Mixed 4 txns

Insider Gebbia Richard

Role Insider

Type	Security	Shares	Price	Value
Gift	Common Stock, $0.01 par value per share	13,000	$0.00	--
Other	Common Stock, $0.01 par value per share	13,000	$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 — 574,273 shares (Indirect, See Footnote); Common Stock, $0.01 par value per share — 3,078,127 shares (Direct)

Footnotes (1)

1. The Reporting Person owns 3,078,127 shares of Issuer common stock. The Reporting Person's minor family member was gifted 13,000 shares of Issuer common stock, resulting in a net increase of 13,000 shares of Issuer common stock to the Reporting Person's indirect ownership. The Reporting Person's family member transferred 13,000 shares of Issuer common stock to a limited liability company owned by various family members, resulting in a net decrease of 13,000 shares of Issuer common stock to the Reporting Person's indirect ownership. Various family members included in the Reporting Person's indirect ownership own 561,273 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 Richard

(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								3,078,127	D(1)
Common Stock, $0.01 par value per share	11/20/2025	11/20/2025	G	V	13,000	A	$0	574,273	I	See Footnote(2)
Common Stock, $0.01 par value per share	11/20/2025	11/20/2025	J	V	13,000	D	$0	561,273	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 3,078,127 shares of Issuer common stock.

2. The Reporting Person's minor family member was gifted 13,000 shares of Issuer common stock, resulting in a net increase of 13,000 shares of Issuer common stock to the Reporting Person's indirect ownership. The Reporting Person's family member transferred 13,000 shares of Issuer common stock to a limited liability company owned by various family members, resulting in a net decrease of 13,000 shares of Issuer common stock to the Reporting Person's indirect ownership. Various family members included in the Reporting Person's indirect ownership own 561,273 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/ Richard 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.
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FAQ

How many SIEB shares does Richard Gebbia directly own according to this Form 4?

The filing reports that Richard Gebbia directly owns 3,078,127 shares of Siebert Financial Corp. common stock.

What family-related stock transfers are disclosed for SIEB in this Form 4?

A minor family member of the reporting person was gifted 13,000 shares of SIEB common stock and later transferred 13,000 shares to a family-owned LLC, both reported at $0 per share.

What is Richard Gebbias reported indirect ownership of SIEB shares?

The Form 4 states that various family members included in Richard Gebbias indirect ownership collectively hold 561,273 shares of SIEB common stock.

How many SIEB shares are associated with the disclosed control group?

The filing reports that the control group consisting of Richard Gebbias family members has 16,813,323 shares of SIEB common stock reported as indirectly owned.

What effect did the Gebbia Living Trusts gifts have on the control groups SIEB holdings?

The Gebbia Living Trust gifted 128,000 shares of SIEB common stock to family members, and subsequent transactions resulted in a net decrease of 128,000 shares to the control groups holdings.

Does Richard Gebbia claim full beneficial ownership of all indirectly held SIEB shares?

No. The filing states that Richard Gebbia disclaims beneficial ownership of the indirectly held family and control-group shares except to the extent of his pecuniary interest.

Were any SIEB shares bought or sold for cash in this Form 4?

The reported transactions involving 13,000 shares each were coded as gifts and transfers and are shown at a price of $0 per share.