Siebert Financial Corp. reported on September 22, 2026, that Gloria E. Gebbia resigned from the company's Board of Directors to focus on public relations and philanthropic endeavors. The company stated that the resignation was not due to any disagreement with the firm and expressed gratitude for her contributions. On the same day, the Board appointed John M. Gebbia to fill the vacancy resulting from her departure.
John M. Gebbia has served as Co-Chief Executive Officer of Muriel Siebert & Co., LLC, a subsidiary of Siebert Financial Corp. He has been active in the brokerage industry in various capacities since 1990.
The compensation for John M. Gebbia's service on the Board will be consistent with the company's other employee directors. These terms are disclosed in Siebert Financial Corp.'s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, which was filed with the Securities and Exchange Commission on March 30, 2026. Any related party transactions between John M. Gebbia and the company are also disclosed in that Form 10-K.
The Form 8-K was signed on September 25, 2026, by Andrew H. Reich, who serves as Executive Vice President, Chief Operating Officer, Chief Financial Officer, Secretary, and Director for Siebert Financial Corp. The report was filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. The company's common stock is registered on the Nasdaq Capital Market under the trading symbol SIEB.