SPAR Group insider reports 135,000-share stock gift

Robert G. Brown, a more-than-10% owner of SPAR Group, Inc., reported a bona fide gift of 135,000 shares of Common Stock on July 30, 2026.

Rhea-AI Filing Summary

Robert G. Brown, a more-than-10% owner of SPAR Group, Inc., reported a bona fide gift of 135,000 shares of Common Stock on July 30, 2026. After the gift, he reported 2,742,389 shares in the direct ownership line, which includes 45,000 shares owned by his wife, as to which he disclaims beneficial ownership, and estimated shares tied to a defined benefit pension trust. He also reported indirect holdings of 3,000,000 shares through Innovative Global Technologies LLC and 538,194 shares through SPAR Business Services, Inc.

Insider Trade Summary

135,000 shares gifted

Gift 3 txns

Insider BROWN ROBERT G/

Role 10% Owner

Type	Security	Shares	Price	Value
Gift	Common Stock, $.01 par value F1, F2, F3	135,000	--	--
holding	Common Stock, $.01 par value F4	--	--	--
holding	Common Stock, $.01 par value F5	--	--	--

Holdings After Transaction: Common Stock, $.01 par value — 2,742,389 shares (Direct); Common Stock, $.01 par value — 3,000,000 shares (Indirect, By Innovative Global Technologies LLC.); Common Stock, $.01 par value — 538,194 shares (Indirect, By SPAR Business Services, Inc.)

Footnotes (5)

1. F1. Not applicable.
2. F2. Includes 45,000 shares owned by Jean Brown, the wife of Robert G. Brown, as to which Robert G. Brown disclaims any beneficial ownership.
3. 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.
4. F4. Robert G. Brown is a Manager of Innovative Global Technologies LLC.
5. F5. Robert G. Brown is the controlling officer/director and a significant stockholder of SPAR Business Services, Inc. (SBS).

Key Figures

Gifted shares: 135,000 shares Direct holdings after gift: 2,742,389 shares Indirect holdings via Innovative Global Technologies LLC: 3,000,000 shares +1 more

4 metrics

Gifted shares 135,000 shares Bona fide gift of Common Stock on July 30, 2026

Direct holdings after gift 2,742,389 shares Shares reported in direct ownership line following the gift, including spousal and pension trust-related shares

Indirect holdings via Innovative Global Technologies LLC 3,000,000 shares Shares indirectly held through Innovative Global Technologies LLC

Indirect holdings via SPAR Business Services, Inc. 538,194 shares Shares indirectly held through SPAR Business Services, Inc.

Key Terms

bona fide gift, beneficial ownership, defined benefit pension trust, controlling officer/director

4 terms

bona fide gift financial

"Transaction code G is described as a bona fide gift disposition."

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

beneficial ownership financial

"disclaims any beneficial ownership of 45,000 shares owned by his wife."

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

defined benefit pension trust financial

"Includes estimated shares deemed to be beneficially owned in a defined benefit pension trust."

controlling officer/director financial

"is the controlling officer/director and a significant stockholder of SPAR Business Services, Inc."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transaction did Robert G. Brown report in SPAR Group (SGRP)’s latest Form 4?

Robert G. Brown reported a bona fide gift of 135,000 shares of SPAR Group Common Stock on July 30, 2026. The transaction is coded “G” for gift, with no sale price reported and no indication of a market transaction.

How many SPAR Group (SGRP) shares did Robert G. Brown report as directly held after the gift?

After the gift, Brown reported 2,742,389 shares in the direct ownership line. This figure includes 45,000 shares owned by his wife, as to which he disclaims beneficial ownership, and estimated shares deemed beneficially owned via a defined benefit pension trust.

What indirect SPAR Group (SGRP) holdings does Robert G. Brown report through entities?

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

Does the Form 4 note any SPAR Group (SGRP) shares owned by Robert G. Brown’s spouse?

Yes. The filing states that 45,000 shares are owned by Jean Brown, his wife, and are included in his direct line total. Robert G. Brown expressly disclaims any beneficial ownership of these spousal shares.

Was Robert G. Brown’s 135,000-share SPAR Group (SGRP) transfer a market sale?

No. The 135,000-share transfer is coded as a bona fide gift (code G), not as a market sale. No per-share price is reported, and the filing does not describe any open-market or broker-facilitated sale in connection with this transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/31/2026 - 01:49 PM Accepted by SEC EDGAR 07/31/2026 - 01:48 PM Learn about SEC filing dates

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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 NORTH CAROLINA 28203

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/30/2026

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

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

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

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	07/30/2026		G		135,000	D	(1)	2,742,389(2)(3)	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 45,000 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).

	Robert G. Brown	07/31/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)