{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-007721","form_type":"8-K","ticker":"SRCO","cik":"0000318299","company_name":"SPARTA COMMERCIAL SERVICES, INC.","filed_at":"2024-02-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.551485+00:00","generated_at":"2026-06-05T17:43:56.139930+00:00","sec_items":["3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Sparta Commercial Services grants 2.69M stock options to CEO, VP, directors, employees","bullets":["Grants five-year options for 2M shares to CEO Anthony Havens and VP Sandra Ahman at $0.14, vesting over 3 years.","Grants 200,000 options each to two independent directors at same terms for past board service.","Issues 290,000 non-qualified stock options to employees and consultants at $0.14, same vesting and term.","Exercise price $0.14 is 110% of 30-day average closing price (min 100 shares traded per day)."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-007721","json":"https://secwatch.observer/filing/0001493152-24-007721.json","markdown":"https://secwatch.observer/filing/0001493152-24-007721.md","text":"https://secwatch.observer/filing/0001493152-24-007721.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/318299/000149315224007721/0001493152-24-007721-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/318299/000149315224007721/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T17:43:56.139930+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"}