−Removed: MARKET FOR REGISTRANT’S COMMON
−Removed: EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: Market Information
+Added: MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Our common stock trades on
−Removed: the Nasdaq Capital Market, under the symbol “SIEB.” The number of common stockholders of record as of March 11, 2025, was
+Added: the Nasdaq Capital Market, under the symbol “SIEB.” The number of common stockholders of record as of February 27, 2026,
The closing market price per share on that date was $1.90.
1 unchanged sentence
4,140 beneficial holders of our common stock as of March 24, 2026.
−Removed: Dividend Policy
−Removed: No dividends were paid to
−Removed: shareholders during 2024 and 2023.
−Removed: Our Board of Directors periodically considers whether to declare dividends, and any future decision
−Removed: to pay dividends is at the discretion of the Board of Directors.
−Removed: In considering whether to pay such dividends, our Board of Directors
−Removed: will review our earnings, capital requirements, economic forecasts and such other factors as are deemed relevant.
−Removed: For information on securities
−Removed: authorized for issuance under our equity compensation plans, see “Item 12.
−Removed: Security Ownership of Certain Beneficial Owners and Management
−Removed: and Related Stockholder Matters.”
−Removed: Unregistered Sales of Equity Securities and
−Removed: Use of Proceeds
−Removed: On February 22, 2024, the Company granted 150,000 shares
−Removed: of restricted common stock, subject to vesting over the vesting period, as compensation to consultants of the Company.
−Removed: The common stock
−Removed: was issued pursuant to Section 4(a)(2) of the Securities Act of 1933 (the “Securities Act”).
−Removed: Refer to Note 23 – Employee
−Removed: Benefit Plans for more detail.
−Removed: On May 28, 2024, the Company granted 70,000 shares
−Removed: of restricted common stock that were fully vested upon grant date as compensation to a consultant of the Company.
−Removed: The common stock was
−Removed: issued pursuant to Section 4(a)(2) of the Securities Act.
−Removed: Refer to Note 23 – Employee Benefit Plans for more detail.
+Added: dividends were paid to shareholders during 2025 and 2024.
+Added: Our Board of Directors periodically considers whether to declare dividends,
+Added: and any future decision to pay dividends is at the discretion of the Board of Directors.
+Added: In considering whether to pay such dividends,
+Added: our Board of Directors will review our earnings, capital requirements, economic forecasts and such other factors as are deemed relevant.
+Added: information on securities authorized for issuance under our equity compensation plans, see “Item 12.
+Added: Security Ownership of Certain
+Added: Beneficial Owners and Management and Related Stockholder Matters.”
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.