Siebert (SIEB) control group holdings updated in John Gebbia Form 4

Rhea-AI Filing Summary

Siebert Financial Corp. insider John M. Gebbia, identified as a member of a 10% owner group, reported several ownership changes in the company’s common stock. On January 20, 2026, he gifted 3,000 shares of common stock, reducing his direct holdings to 1,921,891 shares.

Minor family members received a gift of 26,000 shares, increasing his reported indirect holdings before those same 26,000 shares were transferred to a family-owned limited liability company, leaving 490,000 shares reported as indirectly owned through various family members. Gebbia reports participation in a family control group with 17,074,103 shares indirectly owned by the group after adjusting for previously underreported 403,780 shares underlying a warrant and a net decrease of 143,000 shares from gifts by control group members. He disclaims beneficial ownership of the indirectly held and control group shares except to the extent of his pecuniary interest.

Insider Trade Summary

29,000 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	3,000	$0.00	--
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	--	--	--

Holdings After Transaction: Common Stock, $0.01 par value per share — 1,921,891 shares (Direct); Common Stock, $0.01 par value per share — 516,000 shares (Indirect, See Footnote)

Footnotes (1)

1. The Reporting Person gifted 3,000 shares of Issuer common stock to persons, resulting in a net decrease of 3,000 shares of Issuer common stock to the Reporting Person's direct ownership. The Reporting Person's minor family members were 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 indirect ownership of Issuer common stock by certain members of the control group was underreported by 403,780 shares. These shares represent shares of Issuer common stock underlying a warrant issued by a member of the control group to BCW Securities LLC, a Delaware limited liability company on May 22, 2023, which were previously omitted from the member's beneficial ownership. 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. 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.

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)
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	01/20/2026		G		3,000	D	$0	1,921,891	D(1)
Common Stock, $0.01 par value per share	01/20/2026		G	V	26,000	A	$0	516,000	I	See Footnote(2)
Common Stock, $0.01 par value per share	01/20/2026		J		26,000	D	$0	490,000	I	See Footnote(2)
Common Stock, $0.01 par value per share								17,074,103(3)	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 gifted 3,000 shares of Issuer common stock to persons, resulting in a net decrease of 3,000 shares of Issuer common stock to the Reporting Person's direct ownership.

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

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/ John M. 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 transactions did John M. Gebbia report for SIEB?

On January 20, 2026, John M. Gebbia reported gifting 3,000 shares of Siebert Financial Corp. common stock, reducing his direct holdings to 1,921,891 shares. He also reported family-related transfers involving 26,000 shares and updates to indirect and control group ownership.

How many Siebert (SIEB) shares does John M. Gebbia directly own after these transactions?

After the reported gift of 3,000 shares, John M. Gebbia reports 1,921,891 shares of Siebert Financial Corp. common stock held in direct ownership.

What changes occurred in John M. Gebbia’s indirect ownership of SIEB shares?

Minor family members were gifted 26,000 shares, increasing his reported indirect ownership, and then those 26,000 shares were transferred to a family-owned LLC. Various family members associated with his indirect ownership now hold 490,000 shares, for which he disclaims beneficial ownership except for his pecuniary interest.

What is the reported size of the control group holding Siebert (SIEB) shares?

The filing states that John M. Gebbia is part of a family control group with 17,074,103 shares of Siebert Financial Corp. common stock reported as indirectly owned by the group.

Why was Siebert (SIEB) control group ownership adjusted by 403,780 shares?

The control group’s indirect ownership was increased by 403,780 shares to correct previously underreported shares underlying a warrant issued by a control group member to BCW Securities LLC on May 22, 2023, which had been omitted from that member’s beneficial ownership.

What does John M. Gebbia disclaim regarding Siebert (SIEB) shares?

For shares held by various family members and the control group, John M. Gebbia disclaims beneficial ownership except to the extent of his pecuniary interest in those shares.

Were any Siebert (SIEB) insider transactions reported as sales for cash?

The transactions reported by John M. Gebbia are coded as G (gifts) and J (other) with a stated price of $0 per share, indicating they were non-cash transfers rather than market sales.