Form 4: SPAR Group Director Robert G. Brown Reports Stock Sale
SEC Form 4 Filing
Robert G. Brown, a director at SPAR Group, Inc., reported the sale of 1,975 shares of common stock at a price of $2.43 per share on October 8, 2024.
Summary
- On October 8, 2024, Robert G. Brown, a director of SPAR Group, Inc., sold 1,975 shares of the company's common stock.
- The sale price was $2.43 per share.
- Following the transaction, Brown directly owns 3,086,017 shares.
- Brown also indirectly owns 3,000,000 shares through Innovative Global Technologies LLC and 1,065,538 shares through SPAR Business Services, Inc.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency to investors regarding the actions of company insiders.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on the overall market perception of insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 10/08/2024 | Date of stock sale transaction |
| 10/09/2024 | Date of signature on the Form 4 |
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