{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-004302","form_type":"8-K","ticker":"SRCO","cik":"0000318299","company_name":"SPARTA COMMERCIAL SERVICES, INC.","filed_at":"2023-02-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.600424+00:00","generated_at":"2026-06-19T18:34:01.228235+00:00","sec_items":["3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Sparta Commercial Services grants 1.75M total stock options to executives and directors","bullets":["CEO Anthony L Havens and VP Sandra L Ahman receive options for 1,350,000 shares aggregate at $0.18 per share.","Each of two independent directors (Kristian Srb, Jeffrey Bean) gets options for 200,000 shares at $0.18 per share.","All options vest in three equal tranches over three years, five-year term, 110% of 30-day VWAP.","Options are compensation; issued under Section 4(a)(2) exemption from registration."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-004302","json":"https://secwatch.observer/filing/0001493152-23-004302.json","markdown":"https://secwatch.observer/filing/0001493152-23-004302.md","text":"https://secwatch.observer/filing/0001493152-23-004302.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/318299/000149315223004302/0001493152-23-004302-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/318299/000149315223004302/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T18:34:01.228235+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}