---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-027309"
form_type: "8-K"
ticker: "SGRP"
cik: "0001004989"
company_name: "SPAR Group, Inc."
filed_at: "2026-08-12T20:06:16+00:00"
generated_at: "2026-08-12T20:07:22.528633+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SPAR Group removes two board members for cause; board cut to five

## Summary
- Board accepted retirements of James R. Brown, Sr. and Panos Lazaretos effective Aug 6, 2026.
- Retirement letters were dated Jan 31, 2025; acceptance followed review of actions by Robert Brown.
- Board found Robert Brown breached Change of Control Agreement and Apr 27, 2026 Settlement Agreement.
- Directors acted against company interests, violated policies, By-laws, OTCQB and SEC rules.
- Remaining directors set board size at five members per By-laws Section 3.01.

## SEC filing metadata
- accession: 0001437749-26-027309
- form_type: 8-K
- ticker: SGRP
- cik: 0001004989
- company_name: SPAR Group, Inc.
- filed_at: 2026-08-12T20:06:16+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1004989/000143774926027309/0001437749-26-027309-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1004989/000143774926027309/sgrp20260812_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-027309
- JSON: https://secwatch.observer/filing/0001437749-26-027309.json
- Plain text: https://secwatch.observer/filing/0001437749-26-027309.txt

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