UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 30, 2022

SIEBERT FINANCIAL CORP.

(Exact name of registrant as specified in its charter)

New York

0-5703

11-1796714

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification Number)

535 Fifth Avenue, 4th Floor, New York, NY

10017

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code:  (212) 644-2400

 

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act

Soliciting material pursuant to Rule 14a-12 under the Exchange Act

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock - $0.01 par value

SIEB

The Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 5.07Submission of Matters to a Vote of Security Holders.

Siebert Financial Corp. (the “Company”) held its Annual Meeting of Shareholders (the “2022 Annual Meeting”) on November 30, 2022. At the 2022 Annual Meeting, the following proposals were submitted by the Company’s Board of Directors to a vote of the Company’s shareholders and the final results of the voting on the proposals are noted below.

Proposal No. 1 - The election of the persons named below as directors to hold office until the Company’s annual meeting of shareholders to be held in 2023 and until his or her successor is duly elected and qualified or until his or her earlier resignation or removal.

Name

For Nominee

Authority Withheld From Nominee

Broker Non-Votes

Gloria E. Gebbia

23,962,666

1,445,242

John J. Gebbia

23,789,727

1,618,181

Charles A. Zabatta

23,738,596

1,669,312

Francis V. Cuttita

23,857,223

1,550,685

Andrew H. Reich

23,921,257

1,486,651

Jerry M. Schneider

23,797,831

1,610,077

Proposal No. 2 - The advisory (non-binding) vote to approve the executive compensation of the persons named below.

Name

For Nominee

AgainstNominee

Authority Withheld From Nominee

Broker Non-Votes

Andrew H. Reich

23,942,648

1,460,758

4,502

Proposal No. 3 - The advisory (non-binding) vote to approve on the frequency of the advisory vote on executive compensation of the persons named below.

Name

3 Years

2 Years

1 Year

Abstentions

Andrew H. Reich

23,417,331

51,202

1,872,875

66,500

Subject to the approval of the Company’s board of directors, the Company shall hold advisory votes on executive compensation every three years.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

Dated: December 6, 2022

 

 

By:

/s/ Andrew H. Reich

Andrew H. Reich

Executive Vice President, Chief Operating Officer,

Chief Financial Officer, and Secretary


false 0000065596 0000065596 2022-11-30 2022-11-30
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