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SCHEDULE 13D/A Filed 2026-10-27 Event 2026-05-01 SEC 0001090394-26-000010 →

BROWN ROBERT G/ → SPAR Group, Inc. SGRP

Stake: 18.70% Shares: 5,316,903 CUSIP: 784933103 Class: Common Stock, par value $0.01 per share
Composite Decision Signal · PASS (LOW BASE-RATE EDGE) Conviction Score: 28/100
  • Active Schedule 13D filer baseline
  • High conviction ownership stake (18.7%)
  • Material 8-K governance/transaction event (Item 5.02 / 1.01 / 2.01) within ±30d

Item 4 — Purpose of Transaction

On May 1, 2026, the Issuer, Brown and SBS entered into a Settlement Agreement and Release and a separate CIC-Related Side Letter (the "CIC Side Agreement"). As among those three parties only, the CIC Side Agreement provides for treatment of the January 28, 2022 Change of Control, Voting and Restricted Stock Agreement (the "CIC Agreement") as continuing through January 28, 2028, with the modifications specified in the CIC Side Agreement. Among other things, the Issuer agreed that Brown shall have the right to designate up to two individuals to serve on the Issuer's Board of Directors and to replace such designees by written notice, subject to the terms of the CIC Side Agreement. The CIC Side Agreement is a separate agreement among its signatories, is not a formal amendment binding nonsignatories to the CIC Agreement, and is incorporated by reference in Item 7. Other than the contractual board-designation rights described above, the Reporting Persons have no current plan or proposal of the kind enumerated in Item 4(a) through (j).

Cross-References

Insider Activity (last 365d)
3 transactions
3 buys · 0 sales · 0 awards/exercises
Issuer Cluster
17 13D/G filings on this issuer
16 other filings besides this one
Filer Track Record
9 filings by this filer
8 other filings in the data moat
Short Interest · settle 2026-10-15
DTC 1.00
10,200 shares short · +4.5% vs prior

Form 4 Insider Transactions · last 365d

DateInsiderRoleTypeSharesPriceValue
2026-09-29 Bode John B director Award 110,000 — —
2026-09-29 Cook Timothy Patrick director Award 110,000 — —
2026-09-29 HOUSTON LINDA M director Award 110,000 — —

Other 13D/G Filings on SPAR Group, Inc.

FiledFormFilerStakeShares
2026-10-27 SCHEDULE 13D/A BROWN ROBERT G/ 18.70% 5,316,903 view →
2026-10-21 SCHEDULE 13G Brown Rory William — — view →
2026-10-07 SCHEDULE 13D/A BROWN ROBERT G/ 18.70% 5,316,903 view →
2026-07-20 SCHEDULE 13D ReposiTrak, Inc. — 8,900,406 view →
2026-07-16 SCHEDULE 13D/A BARTELS WILLIAM H — 0 view →
2026-06-09 SCHEDULE 13G ReposiTrak, Inc. — — view →
2021-05-17 SC BROWN ROBERT G/ — — view →
2021-05-14 SC BARTELS WILLIAMS H — — view →
2020-03-11 SC BARTELS WILLIAMS H — — view →
2020-03-11 SC BROWN ROBERT G/ — — view →
2019-12-26 SC BROWN ROBERT G/ — — view →
2019-10-18 SC BARTELS WILLIAMS H — — view →
2019-09-13 SC BROWN ROBERT G/ — — view →
2019-08-19 SC BROWN ROBERT G/ — — view →
2019-01-25 SC BROWN ROBERT G/ — — view →
2019-01-25 SC BARTELS WILLIAMS H — — view →

Other Filings by BROWN ROBERT G/

FiledFormIssuerStakeShares
2026-10-27 SCHEDULE 13D/A SPAR Group, Inc. 18.70% 5,316,903 view →
2026-10-07 SCHEDULE 13D/A SPAR Group, Inc. 18.70% 5,316,903 view →
2021-05-17 SC SPAR Group, Inc. SGRP — — view →
2020-03-11 SC SPAR GROUP INC SGRP — — view →
2019-12-26 SC SPAR GROUP INC SGRP — — view →
2019-09-13 SC SPAR GROUP INC SGRP — — view →
2019-08-19 SC SPAR GROUP INC SGRP — — view →
2019-01-25 SC SPAR GROUP INC SGRP — — view →

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