Gloria E. Gebbia - Jan 19, 2024 Form 4 Insider Report for SIEBERT FINANCIAL CORP (SIEB)

Signature
/s/ Gloria E. Gebbia
Stock symbol
SIEB
Transactions as of
Jan 19, 2024
Transactions value $
$0
Form type
4
Date filed
1/23/2024, 03:50 PM
Previous filing
Dec 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIEB Common Stock, $0.01 par value per share Gift $0 -108K -1.06% $0.00 10.1M Jan 19, 2024 Direct F1
holding SIEB Common Stock, $0.01 par value per share 17M Jan 19, 2024 Control Group F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person gifted 108,000 shares of Issuer common stock to various family members of which 72,000 shares remained in the Reporting Person's indirect 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.
F2 The Reporting Person is part of a control group consisting of family members of the Reporting Person. Shares of Issuer common stock were gifted to family members of people within the control group, which resulted in a decrease of 72,000 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.