SGRP Form 3 Filed: Director Timothy Patrick Cook Declares Zero Holdings
Rhea-AI Filing Summary
Timothy Patrick Cook, identified as a director of SPAR Group, Inc. (SGRP), submitted an initial Form 3 reporting the event date of 08/12/2025. The filing explicitly states that no securities are beneficially owned by the reporting person, and shows a manual signature dated 09/29/2025. The form contains no entries in Table I or Table II for non-derivative or derivative securities, indicating the reporting person holds no reportable equity or option positions in SGRP.
Positive
- Disclosure filed identifying the reporting person and relationship (Director)
- Form explicitly states no beneficial ownership, removing ambiguity about reportable holdings
Negative
- None.
Insights
TL;DR Director filed an initial ownership disclosure that shows zero beneficial holdings in the issuer.
The Form 3 filed by Timothy Patrick Cook is routine and factual: it names him as a director of SPAR Group (SGRP), provides the event date 08/12/2025, and states explicitly that no non-derivative or derivative securities are beneficially owned. For investors, this is a neutral governance disclosure that confirms there are no reportable insider holdings from this reporting person at filing.
TL;DR Governance disclosure completed; indicates no beneficial stake by the director at time of filing.
The submission meets Section 16(a) reporting requirements by identifying the reporting person, relationship to the issuer (director), and declaring absence of beneficial ownership. The document contains the signature dated 09/29/2025. This is a standard initial statement and carries no material ownership information affecting control or voting stakes.