{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-005445","form_type":"8-K","ticker":"SRCO","cik":"0000318299","company_name":"SPARTA COMMERCIAL SERVICES, INC.","filed_at":"2025-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.950633+00:00","generated_at":"2026-05-27T01:08:52.396569+00:00","sec_items":["3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Sparta Commercial Services grants options for 3.82M shares at $0.18 to CEO, VP, directors, employees","bullets":["CEO Anthony Havens and VP Sandra Ahman receive aggregate options for 3,000,000 shares.","Each independent director receives options for 300,000 shares.","Employees receive aggregate options for 220,000 shares.","All options have $0.18 exercise price, 5-year term, vest equally over 3 years."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-005445","json":"https://secwatch.observer/filing/0001493152-25-005445.json","markdown":"https://secwatch.observer/filing/0001493152-25-005445.md","text":"https://secwatch.observer/filing/0001493152-25-005445.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/318299/000149315225005445/0001493152-25-005445-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/318299/000149315225005445/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T01:08:52.396569+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"}