SPAR Group (SGRP) major holder Robert G. Brown files Form 4/A for 100-share gift

Rhea-AI Filing Summary

SPAR Group, Inc. ten percent owner Robert G. Brown reported a small bona fide gift of 100 shares of common stock. After the gift, he directly owned 2,891,389 shares. He also indirectly owned 3,000,000 shares through Innovative Global Technologies LLC and 538,194 shares through SPAR Business Services, Inc.

The filing notes that his direct holdings include 55,000 shares owned by his wife, Jean Brown, for which he disclaims beneficial ownership, and estimated shares deemed beneficially owned in a defined benefit pension trust. This Form 4 amendment was filed solely to correct an administrative error in a prior footnote describing Jean Brown’s share holdings.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BROWN ROBERT G/

(Last) (First) (Middle)

C/O SPAR GROUP, INC.

110 EAST BOULEVARD, SUITE 1600

(Street)

CHARLOTTE NC 28203

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SPAR Group, Inc. [ SGRP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)
03/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $.01 par value	03/10/2026		G		100	D	(1)	2,891,389(2)(3)(6)	D
Common Stock, $.01 par value								3,000,000	I	By Innovative Global Technologies LLC.(4)
Common Stock, $.01 par value								538,194	I	By SPAR Business Services, Inc.(5)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Not applicable.

2. Includes 55,000 shares owned by Jean Brown, the wife of Robert G. Brown, as to which Robert G. Brown disclaims any beneficial ownership.

3. Includes estimated shares deemed to be beneficially owned by Robert and Jean Brown in a defined benefit pension trust due to receiving a pension.

4. Robert G. Brown is a Manager of Innovative Global Technologies LLC.

5. Robert G. Brown is the controlling officer/director and a significant stockholder of SPAR Business Services, Inc. (SBS).

6. The original Form 4, filed on March 12, 2026, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported in footnote 2 the number of shares owned by Jean Brown, wife of Robert G. Brown.

	Robert G. Brown	03/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Robert G. Brown report for SPAR Group (SGRP)?

Robert G. Brown reported a bona fide gift of 100 shares of SPAR Group common stock. The transaction used code G, indicating a gift with no sale proceeds, and occurred on March 10, 2026, as part of his direct holdings.

How many SPAR Group (SGRP) shares does Robert G. Brown hold after this Form 4/A?

After the reported gift, Robert G. Brown directly owned 2,891,389 SPAR Group shares. He also indirectly owned 3,000,000 shares through Innovative Global Technologies LLC and 538,194 shares through SPAR Business Services, Inc., reflecting a large overall ownership position.

What does the Form 4/A amendment for SPAR Group (SGRP) correct?

The amendment corrects an administrative error in a previous Form 4 footnote. The original filing misreported the number of SPAR Group shares owned by Jean Brown, Robert G. Brown’s wife, and this amendment updates that footnote disclosure only.

How are Jean Brown’s SPAR Group (SGRP) shares treated in this filing?

The filing states that Brown’s direct holdings include 55,000 SPAR Group shares owned by his wife, Jean Brown. He formally disclaims beneficial ownership of those shares, even though they are included in his reported direct total for disclosure purposes.

What indirect SPAR Group (SGRP) holdings are reported for Robert G. Brown?

Indirectly, Brown is reported to own 3,000,000 SPAR Group shares through Innovative Global Technologies LLC and 538,194 shares through SPAR Business Services, Inc. Footnotes explain he is a manager of the LLC and a controlling officer/director and significant stockholder of SPAR Business Services.

Does this SPAR Group (SGRP) Form 4/A involve option exercises or derivative securities?

No, this Form 4/A only reports common stock positions and a 100-share gift. The derivative section is empty, and the transaction summary shows no option exercises, conversions, or other derivative transactions in this filing.