---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-023962"
form_type: "8-K"
ticker: "SGRP"
cik: "0001004989"
company_name: "SPAR Group, Inc."
filed_at: "2021-10-20T23:59:59+00:00"
generated_at: "2026-06-28T19:29:33.633505+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SPAR Group appoints two independent directors, regains Nasdaq compliance

## Summary
- Michael Wager and Sean M. Whelan appointed to Board and Audit Committee effective Oct. 14, 2021.
- Board now has six independent directors out of eight, meeting Nasdaq majority independence rule.
- Nasdaq confirmed compliance on Oct. 20, 2021 after prior deficiency from simultaneous director resignations.
- Audit Committee now has three independent members; Whelan designated audit committee financial expert.
- Appointments complete the plan submitted July 2, 2021 to remedy compliance by Oct. 15, 2021 deadline.

## SEC filing metadata
- accession: 0001437749-21-023962
- form_type: 8-K
- ticker: SGRP
- cik: 0001004989
- company_name: SPAR Group, Inc.
- filed_at: 2021-10-20T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1004989/000143774921023962/0001437749-21-023962-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1004989/000143774921023962/sgrp20211020_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-023962
- JSON: https://secwatch.observer/filing/0001437749-21-023962.json
- Plain text: https://secwatch.observer/filing/0001437749-21-023962.txt

## Key facts
- Executive change
  Sean M. Whelan was appointed as Director at SPAR Group, Inc..
  - Action: appointed
  - Role: Director
  source text: On October 12, 2021, as recommended by SGRP's Governance Committee, the Board of Directors of SGRP (the " Board ") appointed Mr. Michael Wager and Mr. Sean M. Whelan to the Board and to the Audit Committee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1004989/000143774921023962/0001437749-21-023962-index.htm
- Executive change
  Michael Wager was appointed as Director at SPAR Group, Inc..
  - Action: appointed
  - Role: Director
  source text: On October 12, 2021, as recommended by SGRP's Governance Committee, the Board of Directors of SGRP (the " Board ") appointed Mr. Michael Wager and Mr. Sean M. Whelan to the Board and to the Audit Committee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1004989/000143774921023962/0001437749-21-023962-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.