---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-023059"
form_type: "8-K"
ticker: "TRAK"
cik: "0000050471"
company_name: "ReposiTrak, Inc."
filed_at: "2026-07-08T21:15:56+00:00"
generated_at: "2026-07-08T21:18:07.226623+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ReposiTrak acquires 31.3% stake in SPAR Group for ~$3.3M

## Summary
- Acquired 4,709,837 SPAR Group shares from William Bartels and WHB Trust for ~$3.3M total consideration.
- Consideration includes $100k deposit, $139,883 cash to Bartels, $485,118 cash to WHB, and a $2.57M promissory note to Bartels.
- Note bears 6% interest, matures July 2030, with annual principal payments of $725k.
- ReposiTrak now beneficially owns 31.3% of SPAR Group's outstanding common stock.
- ReposiTrak states it has no contractual rights to control SPAR Group's management or operations.

## SEC filing metadata
- accession: 0001437749-26-023059
- form_type: 8-K
- ticker: TRAK
- cik: 0000050471
- company_name: ReposiTrak, Inc.
- filed_at: 2026-07-08T21:15:56+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50471/000143774926023059/0001437749-26-023059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50471/000143774926023059/trak20260708_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-023059
- JSON: https://secwatch.observer/filing/0001437749-26-023059.json
- Plain text: https://secwatch.observer/filing/0001437749-26-023059.txt

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