{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-22-018485","form_type":"8-K","ticker":"SIEB","cik":"0000065596","company_name":"SIEBERT FINANCIAL CORP","filed_at":"2022-04-06T23:59:59+00:00","discovered_at":"2026-05-14T18:04:03.349713+00:00","generated_at":"2026-06-26T09:14:20.830144+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Siebert Financial exchanges $2.88M debt for 24% stake in RISE Financial; repays additional $1M","bullets":["Director Gloria Gebbia converted $2.88M in loans into a 24% membership interest in RISE Financial Services, LLC.","Siebert's remaining ownership in RISE drops to 49.08% after the exchange.","Siebert also repaid $1M of Gebbia's loans in cash in two installments (Mar 31 and Apr 5, 2022).","Remaining debt to Gebbia stood at $120,000 as of April 6, 2022.","Transaction based on independent fairness opinion from Nov 2021 related to prior Tigress Holdings deal."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-22-018485","json":"https://secwatch.observer/filing/0001213900-22-018485.json","markdown":"https://secwatch.observer/filing/0001213900-22-018485.md","text":"https://secwatch.observer/filing/0001213900-22-018485.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/65596/000121390022018485/0001213900-22-018485-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/65596/000121390022018485/sieb8krfd.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T09:14:20.830144+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}