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  4. [Form 4] SPARTA COMMERCIAL SERVICES, INC. Insider Trading Activity

2,500,000 options awarded to Sparta Commercial (SRCO) CEO

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sparta Commercial Services, Inc. reported that Chief Executive Officer, director, and 10% owner Anthony L. Havens received a grant of 2,500,000 non-qualified stock options on 01/16/2026. The options have an exercise price of $0.14 per share and are tied to the company’s common stock.

According to the vesting terms, 833,334 options vest immediately, another 833,334 options vest on 01/16/2027, and the remaining 833,332 options vest on 01/16/2028. After this grant, Havens beneficially owns 11,367,908 derivative securities related to Sparta Commercial’s equity, held in direct form.

Positive

  • None.

Negative

  • None.
Insider HAVENS ANTHONY L
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Non-Qualified Stock Option 2,500,000 $0.14 $350K
Holdings After Transaction: Non-Qualified Stock Option — 11,367,908 shares (Direct)
Footnotes (1)
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Form 4 Insider Transactions: What Each Field Means →
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*
HAVENS ANTHONY 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)
Chief Executive Officer
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 2,500,000 01/16/2026(1) 01/16/2031 Common Stock 2,500,000 $0.14 11,367,908 D
Explanation of Responses:
1. 1. 833,334 options vest immediately, 833,334 options vest 01/16/2027, and 833,332 options vest 01/16/2028
Anthony L. Havens 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Sparta Commercial Services (SRCO) report in this Form 4?

The filing reports that Chief Executive Officer and director Anthony L. Havens was granted 2,500,000 non-qualified stock options on 01/16/2026.

What is the exercise price of the options granted to the SRCO CEO?

The non-qualified stock options granted to Anthony L. Havens have an exercise price of $0.14 per share for Sparta Commercial’s common stock.

How do the 2,500,000 options granted to Anthony L. Havens vest?

The vesting schedule is: 833,334 options vest immediately, 833,334 options vest on 01/16/2027, and 833,332 options vest on 01/16/2028.

How many derivative securities does the SRCO CEO own after this option grant?

Following this grant, Anthony L. Havens beneficially owns 11,367,908 derivative securities related to Sparta Commercial Services’ equity, reported as held directly.

What role does Anthony L. Havens hold at Sparta Commercial Services (SRCO)?

Anthony L. Havens is reported as a Director, Chief Executive Officer, and a 10% owner of Sparta Commercial Services, Inc.

What type of security was reported in the SRCO insider transaction?

The transaction involves a Non-Qualified Stock Option that is exercisable into Sparta Commercial Services’ common stock.