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SPAR Group: Rory William Brown reports roughly 7.5% stake

The reported shares carry sole voting and dispositive power, while dividends and sale proceeds tied to three trusts are payable to the trusts.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

SPAR Group, Inc. (SGRP) is the issuer whose common stock Rory William Brown reports beneficially owning: 2,134,548 shares as of the close of business October 20, 2026, approximately 7.5% of the class. The percentage is based on 28,398,560 shares outstanding as of August 6, 2026.

Brown reports sole voting and dispositive power over the reported shares, with no shared power. Dividends and sale proceeds attributable to shares held by the Grantor Trust of Kimberly M. Brown, Grantor Trust II, and the SP/R, Inc. Defined Benefit Pension Trust are payable directly to those trusts; Brown has no personal right to receive those proceeds.

Beneficially owned common shares 2,134,548 shares As of the close of business October 20, 2026
Ownership of class Approximately 7.5% Based on shares outstanding as of August 6, 2026
Common shares outstanding 28,398,560 shares As of August 6, 2026
Sole voting power 2,134,548 shares Reported ownership
Sole dispositive power 2,134,548 shares Reported ownership
beneficially owned regulatory
"the Reporting Person beneficially owned 2,134,548 shares"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole power to vote regulatory
"Sole power to vote or to direct the vote"
Sole power to dispose regulatory
"Sole power to dispose or to direct the disposition"

FAQ

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

How many SGRP shares does Rory William Brown beneficially own?

Rory William Brown reports beneficial ownership of 2,134,548 shares as of the close of business October 20, 2026. That is approximately 7.5% of the class, based on 28,398,560 shares outstanding as of August 6, 2026.

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

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784933103

(CUSIP Number)
05/31/2011

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: Row 2: The Reporting Person is not a member of a group. Row 11: Based on 28,398,560 shares of Common Stock outstanding as of August 6, 2026.


SCHEDULE 13G



Brown Rory William
Signature:Rory William Brown
Name/Title:Individual
Date:10/21/2026

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