Sparta Commercial (SRCO) VP and director awarded 1.1M stock options

Rhea-AI Filing Summary

Sparta Commercial Services, Inc. insider option grant: Director and Vice President of Operations Sandra L. Ahman, who is also a 10% owner, received a grant of non-qualified stock options on 01/16/2026. The grant covers 1,100,000 options with an exercise price of $0.14 per share and an expiration date of 01/16/2031.

According to the vesting schedule, 366,667 options vest immediately, 366,667 options vest on 01/16/2027, and 366,666 options vest on 01/16/2028. Following this award, Ahman beneficially owns 6,132,560 derivative securities (stock options) directly.

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
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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^*

AHMAN SANDRA L

(Last) (First) (Middle)

555 FIFTH AVE

14TH FLOOR

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SPARTA COMMERCIAL SERVICES, INC. [ SRCO ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
01/16/2026

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

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

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
Non-Qualified Stock Option	$0.14	01/16/2026		A		1,100,000		01/16/2026(1)	01/16/2031	Common Stock	1,100,000	$0.14	6,132,560	D

Explanation of Responses:

1. 1. 366,667 options vest immediately, 366,667 options vest 01/16/2027, and 366,666 options vest 01/16/2028

	Sandra L. Ahman	01/20/2026
	** 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.

FAQ

What insider transaction did SRCO report for Sandra L. Ahman?

SRCO reported that Sandra L. Ahman received an award of 1,100,000 non-qualified stock options on 01/16/2026, each with an exercise price of $0.14 per underlying share.

What are the vesting terms of Sandra L. Ahmans new SRCO stock options?

The 1,100,000 options vest in three tranches: 366,667 vest immediately, 366,667 vest on 01/16/2027, and 366,666 vest on 01/16/2028.

What is the exercise price and expiration date of the new SRCO options?

The non-qualified stock options granted to Sandra L. Ahman have an exercise price of $0.14 per share and expire on 01/16/2031.

How many SRCO derivative securities does Sandra L. Ahman own after this transaction?

After the reported grant, Sandra L. Ahman beneficially owns 6,132,560 derivative securities (stock options) in SRCO, held directly.

What is Sandra L. Ahmans role and relationship to Sparta Commercial Services (SRCO)?

Sandra L. Ahman is a Director, a Vice President Operations officer, and a 10% owner of Sparta Commercial Services, Inc.

Is the reported SRCO insider transaction a purchase or an award of options?

The Form 4 shows an award of non-qualified stock options (transaction code A), not an open-market purchase or sale of common shares.