Director at Sparta Commercial Services (NASDAQ: SRCO) buys 73,000 shares

Rhea-AI Filing Summary

Sparta Commercial Services director reports open-market share purchase. Director Jeffrey Buchanan Bean bought 73,000 shares of Sparta Commercial Services common stock on January 16, 2026 at a price of $0.09 per share, in a transaction coded "P" for a purchase. Following this transaction, he directly beneficially owned 1,914,733 shares of the company’s common stock.

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

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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^*

bean jeffrey buchanan

(Last) (First) (Middle)

325 COTTON AVENUE

(Street)

MACON GA 31201

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

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
Common Stock	01/16/2026		P		73,000	A	$0.09	1,914,733	D

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:

	Jeffrey Buchanan Bean	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 Sparta Commercial Services (SRCO) report on this Form 4?

The Form 4 reports that director Jeffrey Buchanan Bean purchased 73,000 shares of Sparta Commercial Services common stock on January 16, 2026.

At what price were the SRCO shares purchased by director Jeffrey Buchanan Bean?

Jeffrey Buchanan Bean bought the Sparta Commercial Services common stock at a price of $0.09 per share.

How many Sparta Commercial Services (SRCO) shares does the director own after this transaction?

After the reported purchase, Jeffrey Buchanan Bean beneficially owned 1,914,733 shares of Sparta Commercial Services common stock directly.

Is the Sparta Commercial Services (SRCO) Form 4 filing for a director or an officer?

The Form 4 identifies Jeffrey Buchanan Bean as a director of Sparta Commercial Services and not as an officer or 10% owner.

Was the Sparta Commercial Services (SRCO) Form 4 transaction in derivative securities?

No. The Form 4 shows a purchase of non-derivative common stock and indicates no derivative security transactions in Table II.