Insider Transactions Reported by 22 Insiders of SPAR Group, Inc.

Symbol: SGRP on Nasdaq
Location: Charlotte, NC

Key facts

SGRP - SPAR Group, Inc. has 22 insiders with reported activity on this page.
Net insider value flow over the last year: +$258,580.
Recent transaction rows are available for direct filing-level review.

Change

Buy value: $269,280; sell value: $10,700.
Net share flow: +296,000.

Research use

This page gives a plain-language issuer insider context before you inspect transaction-level evidence.
Use the filing links below to verify timestamps, codes, and ownership impacts directly from SEC forms.

Evidence

Filed on Form 4

Issuer insider activity is sourced from SEC Forms 3, 4, and 5.

See Original Filing

Insider trading overview

Last 12 months

Net insider flow leans to buying over the last 12 months. Net value: +$258,580.

Buys

$269,280

Shares: 306,000

Insiders: 2

Sells

$10,700

Shares: 10,000

Insiders: 1

Net

+$258,580

Shares: +296,000

Insiders: 1

Window (months)	Buy shares	Sell shares	Buy $	Sell $	Net $
0-3	78,000	0	$49,920	$0	+$49,920
3-6	55,000	0	$42,900	$0	+$42,900
6-9	173,000	10,000	$176,460	$10,700	+$165,760
9-12	0	0	$0	$0	$0

SPAR Group, Inc. executives and other stock owners filed with the SEC include:

Name	Relationship	Holdings Value	Past Year Net Change	Change %	Valuation	Report Date
Robert G. Brown	10%+ Owner	$5,079,370	-$10,700	-0.21%	Mixed	10 Mar 2026
Williams H. Bartels	Director, 10%+ Owner	$4,804,033			Mixed	24 Jun 2025
SPAR Business Services Inc	Affiliated with Robert G Brown	$1,955,322			Filing P/S	28 Jan 2025
Igor Novgorodtsev	Director	$585,605			Mixed	26 May 2021
Mike R. Matacunas	Chief Executive Officer, Director	$274,019			Mixed	02 Sep 2025
William Linnane	President	$194,727	+$176,460	+966%	Filing P/S	03 Oct 2025
Antonio Calisto Pato	Chief Financial Officer	$158,204			Mixed	10 Mar 2024
Fay DeVriese	Chief Financial Officer	$107,608			Mixed	31 Aug 2022
Steven Michael Hennen	Chief Financial Officer	$85,120	+$92,820	+109%	Filing P/S	01 May 2026
Kori G. Belzer	Global Chief Operating Officer	$67,441			Mixed	12 Aug 2024
Michael Wager	Director				Mixed	14 Oct 2021
Benjamin D. Hudson	Other*, 10%+ Owner				Mixed	26 Nov 2024
Arthur H. Baer	Director				Mixed	04 Apr 2021
Highwire Capital, LLC	Other*, 10%+ Owner				Mixed	26 Nov 2024
John B. Bode	Director				Mixed	01 Oct 2023
Sean Whelan	Director				Mixed	14 Oct 2021
James R. Gillis	Director				Mixed	10 Aug 2023
Linda M. Houston	Director				Mixed	01 Oct 2023
Timothy Patrick Cook	Director				Mixed	12 Aug 2025
Panagiotis Nikolaos Lazaretos	Director				Mixed	06 May 2025
Ronald W. Lutz	Chief Global CommercialOfficer				Mixed	02 Aug 2022
Robert Anthony Wilson	Other*, 10%+ Owner				Mixed	26 Nov 2024

Top shareholders of SPAR Group, Inc. (13F + 13D/G + 3/4/5)

Grouped by holder across the latest SEC ownership disclosures. Ownership % is shown only when it is directly reported or safely comparable across share classes.

Methodology: rows are grouped by holder and ranked by the holder's primary source value. — indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.

Holder	Source	Role / Reporting	Ownership %	Shares	Holdings Value	12M Net Δ	As of	Details
Robert G. Brown	3/4/5	10%+ Owner	— class O/S missing	6,429,583	$5,079,370	-$10,700	10 Mar 2026	3/4/5
Williams H. Bartels	3/4/5	Director, 10%+ Owner	— class O/S missing	4,709,837	$4,804,033	—	24 Jun 2025	3/4/5
SPAR Business Services Inc	3/4/5	Affiliated with Robert G Brown	— class O/S missing	992,549	$1,955,322	—	28 Jan 2025	3/4/5
Igor Novgorodtsev	3/4/5	Director	— class O/S missing	406,670	$585,605	—	26 May 2021	3/4/5
Nantahala Capital Management, LLC	13F	Company	— class O/S missing	660,688	$413,260	—	31 Mar 2026	13F
VANGUARD CAPITAL MANAGEMENT LLC	13F	Company	— class O/S missing	504,195	$315,626	—	31 Mar 2026	13F
Mike R. Matacunas	3/4/5	Chief Executive Officer, Director	— class O/S missing	234,205	$274,019	—	02 Sep 2025	3/4/5
William Linnane	3/4/5	President	— class O/S missing	190,909	$194,727	+$176,460	03 Oct 2025	3/4/5
Antonio Calisto Pato	3/4/5	Chief Financial Officer	— class O/S missing	117,188	$158,204	—	10 Mar 2024	3/4/5
Fay DeVriese	3/4/5	Chief Financial Officer	— mixed-class rows	132,275 mixed-class rows	$107,608	—	31 Aug 2022	3/4/5
Steven Michael Hennen	3/4/5	Chief Financial Officer	— class O/S missing	133,000	$85,120	+$92,820	01 May 2026	3/4/5
RENAISSANCE TECHNOLOGIES LLC	13F	Company	— class O/S missing	125,308	$78,380	—	31 Mar 2026	13F
GEODE CAPITAL MANAGEMENT, LLC	13F	Company	— class O/S missing	125,142	$78,298	—	31 Mar 2026	13F
Kori G. Belzer	3/4/5	Global Chief Operating Officer	— class O/S missing	33,222	$67,441	—	12 Aug 2024	3/4/5
RBF Capital, LLC	13F	Company	— class O/S missing	97,296	$60,859	—	31 Mar 2026	13F
CITADEL ADVISORS LLC	13F	Company	— class O/S missing	60,046	$37,559	—	31 Mar 2026	13F
VANGUARD FIDUCIARY TRUST CO	13F	Company	— class O/S missing	51,488	$32,231	—	31 Mar 2026	13F
Modern Wealth Management, LLC	13F	Company	— class O/S missing	33,064	$19,590	—	31 Mar 2026	13F
CSS LLC/IL	13F	Company	— class O/S missing	24,422	$15,276	—	31 Mar 2026	13F
STATE STREET CORP	13F	Company	— class O/S missing	20,592	$12,880	—	31 Mar 2026	13F
NORTHERN TRUST CORP	13F	Company	— class O/S missing	20,180	$12,623	—	31 Mar 2026	13F
XTX Topco Ltd	13F	Company	— class O/S missing	15,602	$9,759	—	31 Mar 2026	13F
Ground Swell Capital, LLC	13F	Company	— class O/S missing	13,802	$8,633	—	31 Mar 2026	13F
OSAIC HOLDINGS, INC.	13F	Company	— class O/S missing	2,345	$1,465	—	31 Mar 2026	13F
Tower Research Capital LLC (TRC)	13F	Company	— class O/S missing	986	$617	—	31 Mar 2026	13F
UBS Group AG	13F	Company	— class O/S missing	870	$544	—	31 Mar 2026	13F

Recent Insider Transactions by Companies or Individuals for SPAR Group, Inc.

Showing up to 300 most recent insider transactions from the last 12 months.

Insider	Symbol	Class	Transaction	%	Value $	* Price $	Shares	Shares Owned	Date	Ownership
Steven Michael Hennen	SGRP	Common Stock, $.01 par value	Purchase	141.8%	$49,920	$0.6400	78,000	133,000	01 May 2026	Direct
Robert G. Brown	SGRP	Common Stock, $.01 par value	Gift				-100	2,891,389	10 Mar 2026	Direct
Steven Michael Hennen	SGRP	Common Stock, $.01 par value	Purchase		$42,900	$0.7800	55,000	55,000	19 Dec 2025	Direct
William Linnane	SGRP	Common Stock, $.01 par value	Purchase	966%	$176,460	$1.02	173,000	190,909	03 Oct 2025	Direct
Robert G. Brown	SGRP	Common Stock, $.01 par value	Sale	-0.34%	$10,700	$1.07	-10,000	2,891,489	25 Sep 2025	Direct
Robert G. Brown	SGRP	Common Stock, $.01 par value	Other	18.6%			454,355	2,901,489	25 Sep 2025	Direct
Robert G. Brown	SGRP	Common Stock, $.01 par value	Other	-45.8%			-454,355	538,194	25 Sep 2025	By SPAR Business Services, Inc.
Mike R. Matacunas	SGRP	Common Stock, $.01 par value	Options Exercise	-11%			-28,915	234,205	02 Sep 2025	Direct
Mike R. Matacunas	SGRP	Common Stock, $.01 par value	Options Exercise	57.6%			96,154	263,120	02 Sep 2025	Direct
Mike R. Matacunas	SGRP	Restricted Stock Units, Based on Common Stock $.01 par value	Options Exercise	-100%			-96,154	0	02 Sep 2025	Direct
Williams H. Bartels	SGRP	Common Stock, $.01 par value	Other	14.6%			600,000	4,709,837	24 Jun 2025	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.