SPAR Group, Inc. (SGRP) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: March 31, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 1.56% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
24M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

SGRP currently has 23.6M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 1.56% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Mar 31, 2026

10-K filing | 23.6M shares outstanding

24M 0
Mar 19, 2026

8-K filing: SGRP's subsidiary, SMF, entered into a $4,000,000 unsecured loan agreement with PC Group, Inc., which includes the issuance of 1,000,000 shares of SGRP's common stock to PC Group at a deemed value of $0.80 per share. ($0.8M proceeds)

24M 0
Nov 14, 2025

10-Q filing | 23.7M shares outstanding

24M 0
Aug 14, 2025

10-Q filing | 23.5M shares outstanding

23M 0
Jul 17, 2025

10-Q filing | 23.5M shares outstanding

23M 0
May 16, 2025

10-K filing | 23.6M shares outstanding

24M 0
Nov 14, 2024

10-Q filing | 23.4M shares outstanding

23M 0
Aug 14, 2024

10-Q filing | 23.8M shares outstanding

24M 0
May 15, 2024

10-Q filing | 24.0M shares outstanding

24M 0
May 08, 2024

8-K filing: SGRP's Board of Directors approved SGRP's Repurchase Agreement with William H. Bartels for SGRP's private repurchase of 1,000,000 shares of SGRP's Common Stock at a purchase price of $1.80 per share. ($1.8M proceeds)

23M 0
Apr 03, 2024

8-K filing: SGRP's Board approved the repurchase of up to 2,500,000 shares of SGRP's Common Stock pursuant to the 2024 Stock Repurchase Program, which repurchases would be made from time to time over a one-year period.

23M 0
Apr 01, 2024

10-K filing | 23.3M shares outstanding

23M 0
Nov 14, 2023

10-Q filing | 23.2M shares outstanding

23M 0
Aug 14, 2023

10-Q filing | 23.3M shares outstanding

23M 0
May 22, 2023

10-Q filing | 23.3M shares outstanding

23M 0
Apr 17, 2023

10-K filing | 22.1M shares outstanding

22M 0
Nov 14, 2022

10-Q filing | 22.2M shares outstanding

22M 0
Aug 15, 2022

10-Q filing | 21.8M shares outstanding

22M 0
May 24, 2022

8-K filing: SGRP announced that its Board of Directors has authorized the repurchase of up to 500,000 of its SGRP Shares pursuant to the 2022 Stock Repurchase Program.

22M 0
May 16, 2022

10-Q filing | 21.7M shares outstanding

22M 0
Apr 15, 2022

10-K filing | 21.3M shares outstanding

21M 0
Jan 28, 2022

8-K filing: The Corporation issued 2,000,000 restricted shares of Series B Preferred Stock to the Majority Stockholders, convertible into common stock on a 1 for 1.5 basis, as part of the Change of Control, Voting and Restricted Stock Agreement.

21M 0
Nov 15, 2021

10-Q filing | 21.3M shares outstanding

21M 0
Aug 16, 2021

10-Q filing | 21.3M shares outstanding

21M 0
May 13, 2021

10-Q filing | 21.2M shares outstanding

21M 0
Mar 31, 2021

10-K filing | 21.2M shares outstanding

21M 0
Nov 16, 2020

10-Q filing | 21.1M shares outstanding

21M 0
Aug 14, 2020

10-Q filing | 21.1M shares outstanding

21M 0
Jun 29, 2020

10-Q filing | 21.1M shares outstanding

21M 0
Apr 14, 2020

10-K filing | 21.2M shares outstanding

21M 0
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