Source-grounded facts extracted from SPAR Group, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
SPAR Group, Inc. shareholders approved To consider, ratify and approve the Board of Directors' adoption of the 2026 Stock Compensation Plan. at the 2026-06-11 meeting.
“The 2026 Stock Compensation Plan Proposal was voted as set forth below: Shares Voted For Shares Voted Against Abstentions Broker Non-Votes 9,355,921 9,133,458 25,693 2,265,330”
SPAR Group, Inc. shareholders approved To approve, on an advisory basis, the compensation of the Corporation’s Named Executive Officers, as disclosed in the Proxy Statement (i.e., 'Say on Pay'). at the 2026-06-11 meeting.
“The Compensation Proposal was voted as set forth below: Shares Voted For Shares Voted Against Abstentions Broker Non-Votes 9,281,463 9,207,915 25,694 2,265,330”
SPAR Group, Inc. shareholders approved To ratify, on an advisory basis, the engagement and use of Grant Thornton LLP, as the principal independent registered accounting firm for the Corporation and its subsidiaries for the year ending December 31, 2026. at the 2026-06-11 meeting.
“The Independent Registered Accounting Firm Proposal was voted as set forth below: Shares Voted For Shares Voted Against Abstentions Broker Non-Votes 16,913,893 31,024 3,835,485 0”
SPAR Group, Inc. shareholders approved To reelect seven Directors of SGRP to serve on SGRP's Board of Directors during the ensuing year and until their respective successors have been duly elected and seated on the Board at the 2026-06-11 meeting.
“The Reelection of Directors Proposal was voted as set forth below: Shares Voted For Shares Voted Withhold Broker Non-Votes John Bode 8,853,799 9,661,273 2,265,330 James R. Brown, Sr. 11,222,991 7,292,081 2,265,330 Tim Cook 12,761,923 5,753,149 2,265,330 James R. Gillis 9,514,570 9,000,502 2,265,330 Linda Houston 8,851,316 9,663,756 2,265,330 Panagiotis Lazaretos 11,339,215 7,175,857 2,265,330 William Linnane 13,097,845 5,417,227 2,265,330”
SPAR Group, Inc. issued 3,190,569 shares of common stock to ReposiTrak, Inc. for $2,325,000.
“On May 29, 2026, ReposiTrak elected to receive payment of the outstanding balance owed to ReposiTrak under Services Agreement in shares of Common Stock. SGRP issued to ReposiTrak 3,190,569 shares of SGRP’s Common Stock (the " ReposiTrak Issuance ") at a deemed value of $0.728710119 per share, totaling $2,325,000, in satisfaction of amounts owed to ReposiTrak under the Services Agreement, which were issued on May 29, 206, without restrictions other than applicable securities laws.”
SPAR Group, Inc. reported first quarter ended March 31, 2026 results: revenue Net revenues were $30.5 million, net income GAAP Net loss attributable to SPAR Group, Inc. was ($553) thousand, or ($0.02) per diluted share, EPS ($0.02) per diluted share. Guidance reaffirmed.
“prudent capital allocation, with a clear focus on supporting growth while maintaining a solid balance sheet,” concluded Hennen. First Quarter 2026 Highlights ● Net revenues were $30.5 million, down 10.3% year-over-year, comprising U.S. revenues down 11.7% due to lower Remodel work, and Canada revenues up 3.0%. ● Consolidated Gross Margin was 22.3% of sales, a 90-basis”
SPAR Group, Inc. entered into Settlement Agreement and Release with Robert G. Brown and SPAR Business Services, Inc. (effective 2026-05-01).
“On May 1, 2026, the Company entered into a Settlement Agreement and Release with Robert G. Brown and SPAR Business Services, Inc. allowing for a dismissal of the Arbitration action between the Company and Robert G. Brown.”
SPAR Group, Inc. engaged Grant Thornton LLP as its auditor.
“On April 6, 2026, SGRP’s Audit Committee and Board, approved the engagement of Grant Thornton LLP (" Grant Thornton ") as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.”
SPAR Group, Inc. dismissed BDO USA, P.C. as its auditor.
“On April 6, 2026, SGRP’s Audit Committee and Board approved the dismissal of BDO USA, P.C. (" BDO ") as the Company’s independent registered accounting firm.”
SPAR Group, Inc. received a nasdaq noncompliance notice notice regarding minimum bid price.
“received a notification letter from Nasdaq that the Company does not meet the requirement to maintain a minimum of $2,500,000 in stockholders’ equity for continued listing on the Nasdaq Capital Market. The letter specified that because the Company’s Form 10-K for the year ended December 31, 2025, reported stockholders' equity of $622,000, the Company no longer complies with Nasdaq's Listing Rule requiring a minimum of $2,500,000 in stockholders’ equity for continued listing, and the Company currently does not satisfy the alternatives of minimum market value of listed securities of $35 million”
SPAR Group, Inc. reported the periods ended December 31, 2025 results: revenue $136.1 million, net income Net loss attributable to SPAR Group, Inc. was $24.6 million, EPS $1.04 per diluted share.
“SPAR Group, Inc. Reports 2025 Full Year and Fourth Quarter Results Full Year Sales of $136 Million, Up 3.3% on Comparable Basis for the U.S. and Canada”
SPAR Group, Inc. reported fiscal year 2026 results: revenue $143 - $151. Guidance initiated.
“the medium term as we continue to transform the organization, while remaining capital light in our investment approach.” In millions FY25 Actual FY26 Guidance Net Sales $ 136.1 $143 - $151 Gross Margins 15.9 % 20.5% - 22.5% SG&A, excl unusual items $ 32.2 $25.5 - $26.5 1 About SPAR Group, Inc. SPAR Group is an innovative services company offering”
SPAR Group, Inc. entered into Senior Unsecured Promissory Note with PC Group, Inc. valued at $4,000,000 (effective 2026-03-13).
“On March 14, 2026, SPAR Marketing Force, Inc. (" SMF "), a wholly owned subsidiary of SGRP and part of the Company, entered into a $4,000,000 unsecured loan arrangement (the " Loan ") with PC Group, Inc. (" PC Group "). The Loan is evidenced by a Senior Unsecured Promissory Note (the " Note " ) issued by SMF as borrower to PC Group, as lender, and effective as of March 13, 2026.”
SPAR Group, Inc.: Amended the Amended and Restated By-Laws to change director voting standard from majority to plurality, adjust board size, revise notice periods, and other modifications (effective 2026-01-22).
“On January 22, 2026, the Board adopted and approved amendments to the existing Amended and Restated By-Laws of the Corporation.”
SPAR Group, Inc. reported that prior financial statements should not be relied upon.
“On July 16, 2025, the management of the Company and the audit committee of the board of directors of the Company (the “ Audit Committee ”), in consultation with BDO USA P.C. (“ BDO ”), the Company’s independent registered public accounting firm, determined that the Company’s audited consolidated financial statements (collectively, the “ Financial Statements ”) for the fiscal years ended December 31, 2024 and December 31, 2023, as well as unaudited restated condensed consolidated financial information as of June 30, 2024 and September 30, 2024 and for the three and six months ended June 30, 2024 and 2023 and the three and nine months ended September 30, 2024 and 2023 (collectively, the “ Non-Reliance Periods ”) should not be relied upon.”
SPAR Group, Inc. reported that prior financial statements should not be relied upon.
“Management and the Audit Committee of the Company have determined that these errors in the unaudited condensed consolidated financial statements for the Non-Reliance Periods required a restatement of the Prior Period Financial Statements (the “Restatement”). The errors in the unaudited condensed consolidated financial statements for the Non-Reliance Periods noted above will be corrected in restated financial statements for the Non-Reliance Periods in the 2024 Annual Report.”
Panagiotis Lazaretos was appointed as Director at SPAR Group, Inc..
“On May 6, 2025, the Board of Directors of SGRP (the " Board ") appointed Mr. James R. Brown, Sr. and Mr. Panagiotis Lazaretos to rejoin the Board as Directors, effectively immediately”
James R. Brown, Sr. was appointed as Director at SPAR Group, Inc..
“On May 6, 2025, the Board of Directors of SGRP (the " Board ") appointed Mr. James R. Brown, Sr. and Mr. Panagiotis Lazaretos to rejoin the Board as Directors, effectively immediately”
SPAR Group, Inc. received a nasdaq noncompliance notice notice regarding other (rules 5620, 5620(a)).
“January 3, 2025 (the " Nasdaq Noncompliance Letter "), stating that SGRP no longer complies with Nasdaq Listing Rule 5620. Nasdaq Listing Rule 5620(a) requires that a listed company hold an annual meeting of shareholders (the " Annual Meeting Rule "). In the Nasdaq Noncompliance Letter, Nasdaq said that SGRP had 45 calendar days to submit a plan to Nasdaq to regain compliance with the Annual Meeting Rule (the " Compliance Plan "). If Nasdaq in its discretion accepts SGRP's Compliance Plan, Nasdaq can grant an exception of up to 180 calendar days from the fiscal year end, or until June 30, 2025”
SPAR Group, Inc. reported first quarter ended March 31, 2024 results: revenue $68.7 million, net income $6.6 million, EPS $0.28.
“(EXHIBIT 99.1) --- EX-99.1 2 ex_674866.htm EXHIBIT 99.1 ex_674866.htm Exhibit 99.1 SPAR Group, Inc. Reports First Quarter 2024 Results May 15, 2024 • Consolidated Revenues of $68.7 million, up 7% from Last Year • U.S. and Canada Revenues up 22% from Last Year • Consolidated Operating Income of $9.6 million compared to $3.2 million Last Year • Diluted EPS of $0.28”
SPAR Group, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $65.1 million.
“Net revenues were $65.1 million, comprised of $49.2 million from the Americas segment (75.7%), $8.8 million from EMEA (13.5%), and $7.1 million from APAC (10.8%).”
SPAR Group, Inc. reported third quarter ended September 30, 2023 results: revenue $67.3 million, net income $259 thousand, EPS $0.01 per share.
“remain committed to this work and unlocking the potential of this great company for years to come,” concluded Matacunas. Third Quarter 2023 Financial Results Net revenues were $67.3 million, comprised of $53.8 million from Americas (79.9%), $7.9 million from EMEA (11.7%), and $5.7 million from APAC (8.4%). Total net revenue decreased by 3.6%, down 4.5% on a constant”
SPAR Group, Inc. shareholders approved Select frequency of advisory vote on executive compensation at the 2023-11-09 meeting.
“" One (1) Year " " Two (2) Years " " Three (3) Years " Abstain 8,087,667 2,073 50,160 1,531”
SPAR Group, Inc. shareholders approved Approve compensation of Named Executive Officers at the 2023-11-09 meeting.
“For A g ainst Abstain 8,092,425 33,458 15,548”
SPAR Group, Inc. shareholders approved Ratify appointment of BDO USA, LLP as independent registered accounting firm at the 2023-11-09 meeting.
“For A g ainst Abstain 14,320,123 13,787 5,080”
SPAR Group, Inc. shareholders approved Reelect three directors at the 2023-11-09 meeting.
“For A g ainst Abstain John Bode 7,832,324 295,635 13,472”
SPAR Group, Inc. shareholders approved Reelect two directors at the 2023-11-09 meeting.
“For A g ainst Abstain William H. Bartels 7,970,591 161,660 9,180”
SPAR Group, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
“November 10, 2023 (the " Nasdaq Bid Price Deficiency Letter "), stating that SGRP has failed to maintain a minimum closing bid price of $1.00 per share for its shares of its Common Stock for the prior 30 consecutive business days preceding its notice (i.e., September 29, 2023, to November 9, 2023) as required by Nasdaq Listing Rule 5550(a)(2) (the " Bid Price Rule "). The Nasdaq Bid Price Deficiency Letter provides that SGRP has until May 8, 2024, as a grace period to regain compliance with the Bid Price Rule by maintaining a closing bid price of $1.00 per share for a minimum of ten consecutiv”
Robert G. Brown resigned as Director at SPAR Group, Inc..
“Mr. Robert G. Brown was not reelected and ceased being a director on the Board pursuant to his non-candidacy, his resignation and retirement letter, and applicable law.”
Peter W. Brown was appointed as Director at SPAR Group, Inc..
“the Board of Directors of SGRP (the "Board") reappointed Mr. Peter W. Brown to the Board”
Linda Houston was appointed as Super Independent Director at SPAR Group, Inc..
“On October 1, 2023, the Board of Directors of SGRP (the " Board ") appointed Mr. John Bode and Ms. Linda Houston to the Board to fill the remaining vacancies for Super Independent Directors on the Board.”
John Bode was appointed as Super Independent Director at SPAR Group, Inc..
“On October 1, 2023, the Board of Directors of SGRP (the " Board ") appointed Mr. John Bode and Ms. Linda Houston to the Board to fill the remaining vacancies for Super Independent Directors on the Board.”
Sean M. Whelan resigned as Director at SPAR Group, Inc..
“On September 7, 2023, in an e-mail to the Corporation, Mr. Sean M. Whelan resigned from the Corporation's Board of Directors, (the " Board ") and its Committees, effective September 30, 2023”
James R. Gillis was appointed as Director at SPAR Group, Inc..
“On August 10, 2023, the Board of Directors of SGRP (the " Board ") appointed Mr. James R. Gillis to the Board, which he later accepted in writing on August 17, 2023.”
SPAR Group, Inc. reported the second quarter ended June 30, 2023 results: revenue $65.9 million, net income $639 thousand, or $0.03 per share, EPS $0.03 per share.
“growing the business, serving our clients and supporting our employees and joint venture partners,” concluded Matacunas. Second Quarter 2023 Financial Results Net revenues were $65.9 million, comprised of $52.1 million from Americas (79.0%) and $8.2 million from EMEA (12.4%), and $5.7 million from APAC (8.6%). Total net revenue decreased by 2.7%, up 0.8% on a”
SPAR Group, Inc. reported the first quarter ended March 31, 2023 results: revenue $64.4 million, net income $866 thousand, EPS $0.04 per share.
“First Quarter 2023 Financial Results Net revenues were $64.4 million”
SPAR Group, Inc. reported financial results for the fiscal year and fourth quarter ended December 31, 2022.
“On April 25, 2023, the Company announced corrected financial results for the fiscal year and fourth quarter ended December 31, 2022, in a press release”
SPAR Group, Inc. reported the fiscal year and fourth quarter ended December 31, 2022 results: revenue $261 million.
“SPAR Group, Inc. Reports Fourth Quarter and Fiscal 2022 Results, Achieves Record Full Year Sales of $261 million, Up 2.2%, Up 3.5% Constant Currency Momentum Continues in Fourth Quarter with Revenues of $64.6 million, Up 7.7% and Up 11.8% Constant Currency”
SPAR Group, Inc. amended credit facility of US$28 million and CDN$2 million with North Mill Capital, LLC, d/b/a SLR Business Credit at Prime Rate designated from time to time by Wells Fargo Bank; plus one and nine-t.
“On February 1, 2023, the NM Loan Parties and NM executed and delivered a Sixth Modification Agreement, effective immediately (the " Sixth Modification Agreement "), pursuant to which the NM Loan Parties and NM agreed to increase the amount of the US Revolving Credit Facility to US$28 million and increase the Canada Revolving Credit Facility to CDN$2 million.”
Antonio Calisto Pato was appointed as Chief Financial Officer at SPAR Group, Inc..
“On February 23, 2023, SGRP announced the appointment of Mr. Antonio Calisto Pato as the Corporation's Chief Financial Officer, effective February 27, 2023.”
Rohini Nedadur was appointed as Interim Chief Financial Officer at SPAR Group, Inc..
“On February 1, 2023, SGRP's Vice President of Finance & Corporate Controller, Ms. Rohini Nedadur, will become SGRP's Interim Chief Financial Officer”
Fay DeVriese departed as Chief Financial Officer, Secretary and Treasurer at SPAR Group, Inc..
“Ms. Fay DeVriese will be leaving SGRP as its Chief Financial Officer, Secretary and Treasurer, effective as of January 31, 2023.”
SPAR Group, Inc. reported first nine months ended September 30, 2022 results: revenue $196.6 million, net income $1.8 million, EPS $0.08 per share.
“First Nine Months 2022 Financial Results Net revenues were $196.6 million, comprised of $150.0 million from Americas (76%) and $27.3 million from EMEA (14%), and $19.4 million from APAC (10%).”
SPAR Group, Inc. reported third quarter ended September 30, 2022 results: revenue $69.8 million, net income $32 thousand, EPS $0.00 per share.
“SPAR Group, Inc. Reports Fiscal 2022 Third Quarter Results November 14, 2022 Quarterly Net Revenues $69.8 million, Up 3.6% or 7.2% Adjusted for Constant Currency Growth Reflects Strong Americas Business Fueled by In-Store Merchandising and Store Remodel Business”
Panagiotis Lazaretos retired as Director at SPAR Group, Inc..
“On January 25, 2022, the Board received written notices that James R. Brown, Sr. and Panagiotis Lazaretos intend to retire from all positions held with the Company.”
James R. Brown, Sr. retired as Director at SPAR Group, Inc..
“On January 25, 2022, the Board received written notices that James R. Brown, Sr. and Panagiotis Lazaretos intend to retire from all positions held with the Company.”
Sean M. Whelan was appointed as Director at SPAR Group, Inc..
“On October 12, 2021, as recommended by SGRP's Governance Committee, the Board of Directors of SGRP (the " Board ") appointed Mr. Michael Wager and Mr. Sean M. Whelan to the Board and to the Audit Committee.”
Michael Wager was appointed as Director at SPAR Group, Inc..
“On October 12, 2021, as recommended by SGRP's Governance Committee, the Board of Directors of SGRP (the " Board ") appointed Mr. Michael Wager and Mr. Sean M. Whelan to the Board and to the Audit Committee.”
Kori Belzer was appointed as Global Chief Operating Officer at SPAR Group, Inc..
“On July 13, 2021, SGRP issued a Press Release (the " Release ") announcing the appointment of Ron Lutz as SGRP's Chief Global Commercial Officer, William Linnane as SGRP's Chief Strategy and Growth Officer and Kori Belzer as SGRP's Global Chief Operating Officer, effective immediately.”
William Linnane was appointed as Chief Strategy and Growth Officer at SPAR Group, Inc..
“On July 13, 2021, SGRP issued a Press Release (the " Release ") announcing the appointment of Ron Lutz as SGRP's Chief Global Commercial Officer, William Linnane as SGRP's Chief Strategy and Growth Officer and Kori Belzer as SGRP's Global Chief Operating Officer, effective immediately.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.