Gloria Gebbia (SIEB) updates indirect stake and family gifts in Form 4

Rhea-AI Filing Summary

Siebert Financial director Gloria E. Gebbia, a more than 10% owner, reports changes and clarifications to her indirect holdings of Siebert Financial Corp. common stock. A family trust she jointly owns with her husband, the Gebbia Living Trust, gifted 140,000 shares to family members, resulting in Gebbia’s indirect ownership through that trust totaling 9,833,494 shares of common stock. A separate family control group, of which she is a member, now has indirect holdings of 17,074,103 shares after net gifts of 143,000 shares, and she disclaims beneficial ownership of those control group shares except for her pecuniary interest. The filing also notes that her indirect ownership had previously omitted 403,780 shares underlying a warrant issued to BCW Securities LLC, which are now included in her reported beneficial ownership.

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

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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 Gloria E

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026

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								0	D(1)
Common Stock, $0.01 par value per share	01/20/2026		G		140,000	D	$0	9,833,494(2)	I	See footnote(3)
Common Stock, $0.01 par value per share								17,074,103(2)	I	Control Group(4)

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 does not directly own any shares of Issuer common stock.

2. The Reporting Person's indirect ownership of Issuer common stock was previously underreported by 403,780 shares. These shares represent shares of Issuer common stock underlying a warrant issued by the Reporting Person to BCW Securities LLC, a Delaware limited liability company on May 22, 2023, which were previously omitted from the Reporting Persons' beneficial ownership.

3. The Reporting Person and the Reporting Person's husband, John J. Gebbia, jointly own the John J & Gloria E Gebbia TTEESS UAD 12/8/94 ("Gebbia Living Trust"). The Gebbia Living Trust gifted 140,000 shares of Issuer common stock to family members and subsequent transactions resulted in a net decrease of 140,000 shares of issuer common stock to the Reporting Person's indirect ownership. The Reporting Person indirectly owns 9,833,494 shares of Issuer common stock owned by the Gebbia Living Trust.

4. The Reporting Person is part of a control group consisting of family members of the Reporting Person. Members of the control group gifted 143,000 shares of issuer common stock to family members and others included and not included within the control group, and subsequent transactions resulted in a net decrease of 143,000 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/ Gloria E. Gebbia	01/22/2026
	** 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 Gloria E. Gebbia report for SIEB on January 20, 2026?

The filing reports that the Gebbia Living Trust, jointly owned by Gloria E. Gebbia and her husband, gifted 140,000 shares of Siebert Financial Corp. common stock to family members. This gift resulted in a net decrease of 140,000 shares in Gebbia’s indirect ownership.

How many Siebert Financial (SIEB) shares does Gloria E. Gebbia now indirectly own through the Gebbia Living Trust?

After the reported gift transactions, Gloria E. Gebbia indirectly owns 9,833,494 shares of Siebert Financial Corp. common stock through the Gebbia Living Trust.

What is the size of the control group holdings related to Gloria E. Gebbia in SIEB?

The filing states that a family control group, of which Gloria E. Gebbia is a member, indirectly holds 17,074,103 shares of Siebert Financial Corp. common stock after net gifts of 143,000 shares. Gebbia disclaims beneficial ownership of these shares except to the extent of her pecuniary interest.

Did this Form 4 indicate that Gloria E. Gebbia directly owns any SIEB shares?

No. The footnotes explain that the reporting person does not directly own any shares of Siebert Financial Corp. common stock. Her reported interests are indirect, primarily through the Gebbia Living Trust and a family control group.

How was Gloria E. Gebbia’s prior beneficial ownership in SIEB corrected in this filing?

The filing notes that her indirect ownership was previously underreported by 403,780 shares. These shares represent common stock underlying a warrant issued by her to BCW Securities LLC on May 22, 2023, which had been omitted from earlier beneficial ownership reporting.

What is Gloria E. Gebbia’s relationship to Siebert Financial Corp. (SIEB)?

Gloria E. Gebbia is identified as a director, a more than 10% owner, and a member of a 10% owner group of Siebert Financial Corp.