SPAR Group insider gifts 100 shares, amends Form 4
SPAR Group, Inc. ten percent owner Robert G. Brown reported a small bona fide gift of 100 shares of common stock.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock, $.01 par value | 100 | $0.00 | $0.00 |
| holding | Common Stock, $.01 par value | -- | -- | -- |
| holding | Common Stock, $.01 par value | -- | -- | -- |
Footnotes (6)
- F1. Not applicable.
- F2. Includes 55,000 shares owned by Jean Brown, the wife of Robert G. Brown, as to which Robert G. Brown disclaims any beneficial ownership.
- F3. Includes estimated shares deemed to be beneficially owned by Robert and Jean Brown in a defined benefit pension trust due to receiving a pension.
- F4. Robert G. Brown is a Manager of Innovative Global Technologies LLC.
- F5. Robert G. Brown is the controlling officer/director and a significant stockholder of SPAR Business Services, Inc. (SBS).
- F6. 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.
FAQ
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What insider transaction did Robert G. Brown report for SPAR Group (SGRP)?
What does the Form 4/A amendment for SPAR Group (SGRP) correct?
What indirect SPAR Group (SGRP) holdings are reported for Robert G. Brown?
Does this SPAR Group (SGRP) Form 4/A involve option exercises or derivative securities?
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