BROWN ROBERT G/ 4

What Happened

• Robert G. Brown, a 10% owner of SPAR Group, Inc. (SGRP), reported a gift of 4,000 common shares on 2026-06-24. The transaction is coded as a gift (G) and the filing lists the shares as "Disposed" with no price or proceeds reported.

Key Details

• Transaction date: 2026-06-24
• Transaction type: Gift (code G); shares disposed: 4,000
• Price / proceeds: Not applicable / Not reported (gift)
• Shares owned after transaction: Not specified in this filing
• Notable footnotes:
  • F2: Filing includes 45,000 shares owned by Jean Brown (wife); Robert Brown disclaims beneficial ownership of those shares.
  • F3: Filing notes estimated shares deemed beneficially owned in a defined benefit pension trust due to receiving a pension.
  • F4: Robert G. Brown is a Manager of Innovative Global Technologies LLC.
  • F5: He is the controlling officer/director and a significant stockholder of SPAR Business Services, Inc. (SBS).
• Timeliness: Filing date equals the reported transaction date (2026-06-24), so this appears timely.

Context

• Gifts are transfers for which no proceeds are received and generally do not signal the donor's view of the stock price; they can be for personal, estate-planning, or charitable reasons. As a 10% owner (not solely an executive trade), this disclosure reflects a related-party transfer rather than an open-market sale.