Form 4: Robert G. Brown Sells 200 Shares of SPAR Group, Inc.
SEC Form 4 Filing
Robert G. Brown, a director and 10% owner of SPAR Group, Inc., sold 200 shares of common stock at $1.03 per share on March 13, 2024.
Summary
- On March 13, 2024, Robert G. Brown, a director of SPAR Group, Inc., sold 200 shares of the company's common stock.
- The shares were sold at a price of $1.03 per share.
- Following the transaction, Brown directly owns 3,397,963 shares.
- Brown also indirectly owns 3,000,000 shares through Innovative Global Technologies LLC and 1,215,981 shares through SPAR Business Services, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. The sale of 200 shares is not a significant event.
Negatives
- A director sold a small number of shares, which could be interpreted negatively by some investors, although the amount is insignificant.
Industry Context
This is a routine disclosure of insider trading activity and doesn't necessarily reflect a significant trend in the company's performance or industry outlook.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of the stock sale transaction |
| 03/15/2024 | Date of signature on the Form 4 filing |
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