SPAR Group Board Changes and CEO Employment Agreement
Ticker: SGRP · Form: 8-K · Filed: Dec 11, 2025 · CIK: 1004989
| Field | Detail |
|---|---|
| Company | Spar Group, Inc. (SGRP) |
| Form Type | 8-K |
| Filed Date | Dec 11, 2025 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.01, $375,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, management-transition
TL;DR
SPAR Group shakes up board, inks new CEO deal.
AI Summary
SPAR Group, Inc. announced on December 8, 2025, the departure of director David R. Johnson. The company also elected two new directors, Michael J. R. Glick and David A. Glick, to its board. Additionally, the company entered into a new employment agreement with its Chief Executive Officer, Michael J. R. Glick, effective December 8, 2025.
Why It Matters
Changes in board composition and executive employment agreements can signal shifts in company strategy or leadership stability.
Risk Assessment
Risk Level: medium — Board changes and new executive agreements can introduce uncertainty or indicate strategic shifts.
Key Players & Entities
- SPAR Group, Inc. (company) — Registrant
- David R. Johnson (person) — Departing Director
- Michael J. R. Glick (person) — Newly Elected Director and CEO
- David A. Glick (person) — Newly Elected Director
- December 8, 2025 (date) — Effective date of changes
FAQ
Who has departed from the SPAR Group, Inc. board of directors?
David R. Johnson has departed from the SPAR Group, Inc. board of directors.
Who were elected as new directors to the SPAR Group, Inc. board?
Michael J. R. Glick and David A. Glick were elected as new directors.
What is the effective date of the reported changes?
The earliest event reported is dated December 8, 2025.
Has the CEO's employment agreement been updated?
Yes, SPAR Group, Inc. entered into a new employment agreement with its Chief Executive Officer, Michael J. R. Glick.
What is the exact name of the company filing this report?
The exact name of the registrant is SPAR Group, Inc.
Filing Stats: 1,603 words · 6 min read · ~5 pages · Grade level 14 · Accepted 2025-12-11 16:05:23
Key Financial Figures
- $0.01 — ge on which registered Common Stock , $0.01 par value SGRP The Nasdaq Stock Mark
- $375,000 — 25, Mr. Hennen will receive a salary of $375,000 per year, be eligible to participate in
Filing Documents
- sgrp20251209_8k.htm (8-K) — 35KB
- ex_897267.htm (EX-10.1) — 87KB
- ex_897147.htm (EX-99.1) — 15KB
- logo.jpg (GRAPHIC) — 14KB
- logosmall.jpg (GRAPHIC) — 3KB
- 0001437749-25-037550.txt ( ) — 322KB
- sgrp-20251208.xsd (EX-101.SCH) — 3KB
- sgrp-20251208_def.xml (EX-101.DEF) — 12KB
- sgrp-20251208_lab.xml (EX-101.LAB) — 15KB
- sgrp-20251208_pre.xml (EX-101.PRE) — 12KB
- sgrp20251209_8k_htm.xml (XML) — 3KB
Forward Looking Statements
Forward Looking Statements This Current Report on Form 8-K (this " Current Report ") contains forward-looking statements within the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, made by, or respecting, the Corporation and its subsidiaries. "Forward-looking statements" are defined in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, and other applicable federal and state securities laws, rules and regulations, as amended. Readers can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. Words such as "may," "will," "expect," "intend," "believe," "estimate," "anticipate," "continue," "plan," "project," or the negative of these terms or other similar expressions also identify forward-looking statements. Forward-looking statements made by the Corporation in this Current Report may include (without limitation) statements regarding: risks, uncertainties, cautions, circumstances and other factors (" Risks "). Those Risks include (without limitation): collection of the termination fee from Highwire Capital, potential non-compliance with applicable Nasdaq rules regarding the filing of periodic financial reports, director independence, bid price or other rules; any potential non-compliance with applicable Nasdaq annual meeting, director independence, bid price or other rules; the impact of selling certain of the Corporation's subsidiaries or any resulting impact on revenues, earnings or cash; the Company's cash flows or financial condition; and plans, intentions, expectations. For additional information and risk factors that could affect the Corporation, see its 2024 Annual Report and other SEC Reports as filed with the SEC. The information contained in this Current Report is made only as of the date hereof, even if subsequently made available by the Corporation on its website or otherwise. You should carefully review
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits: 10.1 Employment Agreement between SPAR Group, Inc. and Steven Hennen dated as of December 8, 2025. 99.1 Press Release announcing the appointment of Mr. Steven Hennen as the Corporation's Chief Financial Officer dated December 10, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. SPAR Group, Inc. Date: December 11, 2025 By: /s/ William Linnane William Linnane, President and CEO