SPAR Group (SGRP) Director John B. Bode Receives 110,000 RSUs

What Happened

• John B. Bode (listed in the filing as "Bode John B"), a director of SPAR Group, Inc. (SGRP), received an award of 110,000 restricted stock units (RSUs) on 2026-09-29. The filing reports this as an award/grant (transaction code A); no purchase price or immediate share transfer was reported (price listed as N/A), so no cash changed hands.

Key Details

• Transaction date: 2026-09-29 (reported on Form 4 filed 2026-10-01).
• Transaction type: Award/Grant of RSUs (code A); price: N/A (no cash purchase).
• Shares involved: 110,000 RSUs granted.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: The RSUs represent a contingent right to one share each and will vest on September 29, 2027, subject to continued service (per footnote F1).
• Timeliness: Filing dated 2026-10-01 for a 2026-09-29 grant — appears to have been reported promptly.

Context

• RSU awards are a form of compensation that convert to shares only if vesting conditions are met (here, continued service through 2027-09-29). Such grants are common for directors and do not indicate an immediate purchase or sale of stock. They are generally a retention/compensation tool rather than a direct signal of buying or selling intent.