---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-020780"
form_type: "8-K"
ticker: "SGRP"
cik: "0001004989"
company_name: "SPAR Group, Inc."
filed_at: "2025-06-18T23:59:59+00:00"
generated_at: "2026-05-19T02:27:01.200180+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# SGRP shareholders reject say-on-pay and stock plan; Matacunas reappointed by contract after vote loss

## Summary
- Say-on-pay failed: 7.18M for vs 10.45M against; stock plan also rejected (7.67M vs 9.97M).
- Auditor ratification nearly split: 9.65M for vs 9.63M against; passed by ~13K votes.
- Directors Bode, Houston, Matacunas each received more votes against than for; Matacunas reappointed by contract.
- Frequency vote: 17.51M favored 1-year advisory frequency.
- Voter turnout 82% (19.31M shares); only 3 of 7 nominees qualified as Super Independent.

## SEC filing metadata
- accession: 0001437749-25-020780
- form_type: 8-K
- ticker: SGRP
- cik: 0001004989
- company_name: SPAR Group, Inc.
- filed_at: 2025-06-18T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1004989/000143774925020780/0001437749-25-020780-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1004989/000143774925020780/sgrp20250609_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-020780
- JSON: https://secwatch.observer/filing/0001437749-25-020780.json
- Plain text: https://secwatch.observer/filing/0001437749-25-020780.txt

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