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SPAR Group (SGRP) 10% owner Brown gifted 90,000 shares

ByQuantisnow·Wall Street's wire, on your screen.
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Insider transactions reported

Robert G/ Brown (10% owner at SPAR Group Inc., SGRP) reported that they gifted 90,000 shares on Mar 13, 2024. After these transactions the filing shows 3,307,963 shares held directly.

Reporting person
Brown Robert G/
Common stock and other non-derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Mar 13, 2024Gift (G)Common Stock, $.01 par value1, 2-90,000--3,307,963 direct

Holdings before and after

  • Common Stock, $.01 par value: 3,397,963 to 3,307,963 direct

Other positions listed

  • Common Stock, $.01 par value: 3,000,000 indirect, By Innovative Global Technologies LLC.
  • Common Stock, $.01 par value: 1,215,981 indirect, By SPAR Business Services, Inc.

Footnotes from the filing

  1. 1. Not applicable.
  2. 2. Includes shares beneficially owned in any defined benefit plan paying Robert G. Brown a pension.
  3. 3. Robert G. Brown is a Manager of Innovative Global Technologies LLC.
  4. 4. Robert G. Brown is the controlling officer/director and a significant stockholder of SPAR Business Services, Inc. (SBS).

Transaction codes in this filing

Gift:
Code G marks a bona fide gift. No money changes hands.

FAQ

What did Brown report in this SGRP Form 4?

Robert G/ Brown (10% owner at SPAR Group Inc., SGRP) reported that they gifted 90,000 shares on Mar 13, 2024. After these transactions the filing shows 3,307,963 shares held directly.

How many SGRP shares does Brown hold after this filing?

The filing shows 3,307,963 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.

What does transaction code G mean on an SEC Form 4?

Code G marks a bona fide gift. No money changes hands.

Historical context for SGRP

Earlier insider filings at SGRP

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