{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-001867","form_type":"8-K","ticker":"SGRP","cik":"0001004989","company_name":"SPAR Group, Inc.","filed_at":"2022-01-28T23:59:59+00:00","discovered_at":"2026-05-14T18:04:05.001699+00:00","generated_at":"2026-06-27T13:57:28.589416+00:00","sec_items":["1.01","5.03","5.02","3.02","5.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"SPAR Group enters Change of Control Agreement with majority stockholders, issues preferred shares, amends bylaws","bullets":["Entered CIC Agreement with Robert Brown and William Bartels, issuing 2M Series B preferred shares and $250K cash to Brown.","Board amended bylaws to set size at 7 directors, require 3 super independent directors, and raise stockholder amendment threshold to 75%.","Directors James R. Brown Sr. and Panagiotis Lazaretos retired; both signed consulting agreements ($55K and $10K/month respectively).","Company assumed ~$474K in claims related to Affinity Insurance and released mutual claims with majority stockholders.","Certificate of Elimination filed for Series A preferred; Series B created with no voting/dividend rights, convertible 1:1.5."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-001867","json":"https://secwatch.observer/filing/0001437749-22-001867.json","markdown":"https://secwatch.observer/filing/0001437749-22-001867.md","text":"https://secwatch.observer/filing/0001437749-22-001867.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1004989/000143774922001867/0001437749-22-001867-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1004989/000143774922001867/sgrp20220127_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T13:57:28.589416+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"59e261d587","claim":"James R. Brown, Sr. retired as Director at SPAR Group, Inc..","evidence_excerpt":"On January 25, 2022, the Board received written notices that James R. Brown, Sr. and Panagiotis Lazaretos intend to retire from all positions held with the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1004989/000143774922001867/0001437749-22-001867-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"d662371a47","claim":"Panagiotis Lazaretos retired as Director at SPAR Group, Inc..","evidence_excerpt":"On January 25, 2022, the Board received written notices that James R. Brown, Sr. and Panagiotis Lazaretos intend to retire from all positions held with the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1004989/000143774922001867/0001437749-22-001867-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}