SRCO · Sparta Commercial Services, Inc. · Insider Trading
Substantial doubt about the company's ability to continue as a going concern.
“As of July 31, 2026, the Company had an accumulated deficit of $72,289,995 and a working capital deficit (total current liabilities exceeded total current assets) of $11,842,251. The Company's cash balance and revenues generated are not currently sufficient and cannot be projected to cover its operating expenses for the next twelve months from the filing date of this report. These factors among others raise substantial doubt about the Company's ability to continue as a going concern for a period of one year from the issuance of these financial statements.”View the 10-Q filed Sep 21, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-01-16 | HAVENS ANTHONY L |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
1. 833,334 options vest immediately, 833,334 options vest 01/16/2027, and 833,332 options vest 01/16/2028 |
Non-Qualified Stock Option
|
2,500,000 |
| 2026-01-16 | SRB KRISTIAN |
Director |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
1. 116,667 options vest immediately, 116,667 options vest 01/16/2027, and 116,666 options vest 01/16/2028 |
Non-Qualified Stock Option
|
350,000 |
| 2026-01-16 | bean jeffrey buchanan |
Director |
Buy↑
|
Common Stock
|
73,000 |
| 2026-01-16 | bean jeffrey buchanan |
Director |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
1. 116,667 options vest immediately, 116,667 options vest 01/16/2027, and 116,666 options vest 01/16/2028 |
Non-Qualified Stock Option
|
350,000 |
| 2026-01-16 | AHMAN SANDRA L |
Director, Vice President Operations, 10% Owner |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
1. 366,667 options vest immediately, 366,667 options vest 01/16/2027, and 366,666 options vest 01/16/2028 |
Non-Qualified Stock Option
|
1,100,000 |
| 2025-02-20 | bean jeffrey buchanan |
Director |
Buy↑
|
Common Stock
|
2,500 |
| 2025-02-11 | bean jeffrey buchanan |
Director |
Buy↑
|
Common Stock
|
1,000 |
| 2025-02-05 | bean jeffrey buchanan |
Director |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
1. 100,000 options vest immediately, 100,000 options vest 02/05/2026, and 100,000 options vest 02/05/2027. |
Non-Qualified Stock Option
|
300,000 |
| 2025-02-05 | AHMAN SANDRA L |
Director, Vice President Operations, 10% Owner |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
1. 300,000 options vest immediately, 300,000 options vest 02/05/2026, and 300,000 options vest 02/05/2027. |
Non-Qualified Stock Option
|
900,000 |
| 2025-02-05 | HAVENS ANTHONY L |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
1. 700,000 options vest immediately, 700,000 options vest 02/05/2026, and 700,000 options vest 02/05/2027. |
Non-Qualified Stock Option
|
2,100,000 |
| 2025-02-05 | SRB KRISTIAN |
Director |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
1. 100,000 options vest immediately, 100,000 options vest 02/05/2026, and 100,000 options vest 02/05/2027. |
Non-Qualified Stock Option
|
300,000 |
| 2024-10-02 | bean jeffrey buchanan |
Director |
Buy↑
|
Common Stock
|
5,000 |
| 2024-05-15 | bean jeffrey buchanan |
Director |
Buy↑
|
Common Stock
(I)
|
75,702 |
| 2024-05-15 | bean jeffrey buchanan |
Director |
Award↑
|
Warrant
(I)
|
35,851 |
| 2024-02-21 | SRB KRISTIAN |
Director |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
66,667 options vest immediately, 66,667 options vest 02/21/2025, and 66,666 options vest 02/21/2026. |
Non-Qualified Stock Option
|
200,000 |
| 2024-02-21 | AHMAN SANDRA L |
Director, Vice President Operations, 10% Owner |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
200,000 options vest immediately, 200,000 options vest 02/21/2025, and 200,000 options vest 02/21/2026. |
Non-Qualified Stock Option
|
600,000 |
| 2024-02-21 | bean jeffrey buchanan |
Director |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
66,667 options vest immediately, 66,667 options vest 02/21/2025, and 66,666 options vest 02/21/2026. |
Non-Qualified Stock Option
|
200,000 |
| 2024-02-21 | HAVENS ANTHONY L |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
466,667 options vest immediately, 466,667 options vest 02/16/2025, and 466,666 options vest 02/08/2026. |
Non-Qualified Stock Option
|
1,400,000 |
| 2023-02-08 | bean jeffrey buchanan |
Director |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
66,667 options vest immediately, 66,667 options vest 02/08/2024, and 66,666 options vest 02/08/2025. |
Non-Qualified Stock Option
|
200,000 |
| 2023-02-08 | AHMAN SANDRA L |
Director, Vice President Operations, 10% Owner |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
133,334 options vest immediately, 133,333 options vest 02/08/2024, and 133,333 options vest 02/08/2025. |
Non-Qualified Stock Option
|
400,000 |
| 2023-02-08 | HAVENS ANTHONY L |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
316,667 options vest immediately, 316,667 options vest 02/08/2024, and 316,666 options vest 02/08/2025. |
Non-Qualified Stock Option
|
950,000 |
| 2023-02-08 | SRB KRISTIAN |
Director |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
66,667 options vest immediately, 66,667 options vest 02/08/2024, and 66,666 options vest 02/08/2025. |
Non-Qualified Stock Option
|
200,000 |
| 2023-02-02 | bean jeffrey buchanan |
Director |
Buy↑
|
Common Stock
|
1,000 |
| 2022-12-22 | SRB KRISTIAN |
Director |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
The Corporation issued Srb options to convert $50,000 of deferred debt owed to Srb. |
Non-Qualified Stock Option
|
467,290 |
| 2022-12-22 | HAVENS ANTHONY L |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
The Corporation issued Havens options to convert $100,000 of deferred salary and benefits owed to Havens. |
Non-Qualified Stock Option
|
934,579 |
| 2022-12-22 | AHMAN SANDRA L |
Director, Vice President Operations, 10% Owner |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
The Corporation issued Ahman options to convert $50,000 of deferred salary owed to Ahman. |
Non-Qualified Stock Option
|
467,290 |
| 2022-01-03 | SRB KRISTIAN |
Director |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
62,500 options vest immediately, 62,500 options vest 01/03/2023, and 62,500 options vest 01/03/2024. |
Non-Qualified Stock Option
|
187,500 |
| 2022-01-03 | HAVENS ANTHONY L |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
166,667 options vest immediately, 166,667 options vest 01/03/2023, and 166,666 options vest 01/03/2024. |
Non-Qualified Stock Option
|
500,000 |
| 2022-01-03 | AHMAN SANDRA L |
Director, Vice President Operations, 10% Owner |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
The Corporation issued Ahman options to convert $125,000 of deferred salary owed to Ahman. |
Non-Qualified Stock Option
|
1,562,500 |
| 2022-01-03 | HAVENS ANTHONY L |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
The Corporation issued Havens options to convert $137,465.76 of deferred salary owed to Havens. |
Non-Qualified Stock Option
|
1,718,322 |
| 2022-01-03 | AHMAN SANDRA L |
Director, Vice President Operations, 10% Owner |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
83,333 options vest immediately, 83,333 options vest 01/03/2023, and 83,334 options vest 01/03/2024. |
Non-Qualified Stock Option
|
250,000 |
| 2022-01-03 | bean jeffrey buchanan |
Director |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
62,500 options vest immediately, 62,500 options vest 01/03/2023, and 62,500 options vest 01/03/2024. |
Non-Qualified Stock Option
|
187,500 |
| 2020-07-22 | HAVENS ANTHONY L |
Director, Chief Executive Officer, 10% Owner |
Award↑
|
Non-Qualified Stock Option
|
88,615,323 |
| 2020-07-22 | AHMAN SANDRA L |
Director, Vice President Operations, 10% Owner |
Award↑
|
Non-Qualified Stock Option
|
72,727,272 |
| 2020-07-09 | SRB KRISTIAN |
Director |
Award↑
|
Non-Qualified Stock Option
|
48,214,285 |
| 2020-07-09 | HAVENS ANTHONY L |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
12,541,858 options vest immediately, 12,541,858 options vest 07/09/2021, and 12,541,858 options shall vest 07/09/2022. |
Non-Qualified Stock Option
|
37,625,574 |
| 2020-07-09 | bean jeffrey buchanan |
Director |
Award↑
|
Non-Qualified Stock Option
|
48,214,285 |
| 2020-07-09 | AHMAN SANDRA L |
Director, Vice President Operations, 10% Owner |
Award↑
Filing footnotes — Non-Qualified Stock Option (Direct)
4,180,620 options exercisable immediately, 4,180,620 options exercisable 07/09/2021, 4,180,618 options exercisable 07/09/2022. |
Non-Qualified Stock Option
|
12,541,858 |