---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-002927"
form_type: "8-K"
ticker: "SRCO"
cik: "0000318299"
company_name: "SPARTA COMMERCIAL SERVICES, INC."
filed_at: "2026-01-20T23:59:59+00:00"
generated_at: "2026-05-16T09:39:31.931938+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Sparta Commercial grants 4.56M stock options to CEO, VP, directors, employees at $0.14

## Summary
- CEO and VP granted options for 3,600,000 shares total at $0.14, vesting in three equal tranches over three years.
- Two independent directors each receive options for 350,000 shares at $0.14, vesting over three years, for past board service.
- Employees granted aggregate options for 260,000 shares at $0.14, same vesting schedule.
- All options have five-year term; exercise price is 110% of 30-day average closing price with minimum volume condition.
- Securities issued in private placement exempt under Section 4(a)(2) of the Securities Act.

## SEC filing metadata
- accession: 0001493152-26-002927
- form_type: 8-K
- ticker: SRCO
- cik: 0000318299
- company_name: SPARTA COMMERCIAL SERVICES, INC.
- filed_at: 2026-01-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/318299/000149315226002927/0001493152-26-002927-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/318299/000149315226002927/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-002927
- JSON: https://secwatch.observer/filing/0001493152-26-002927.json
- Plain text: https://secwatch.observer/filing/0001493152-26-002927.txt

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