13F Insight

BROWN ROBERT G/

CIK: 0001090394
Primary company: SPAR Group, Inc. (SGRP)

BROWN ROBERT G/ is a corporate insider at SPAR Group, Inc. (SGRP) filing SEC Form 4 transactions. 451 transactions, totaling $855,833 in purchases and $2,966,077 in sales. Source: SEC EDGAR.

AI Insider Summary

Robert G. Brown's 451-transaction Form 4 record in SGRP (Sotheby's) shows a mixed direction pattern that is unusual for the sell-only insider profiles that dominate this dataset: 1.17M shares bought against 2.01M sold, for a net-sell position that is nonetheless distinguished by the buy component. The presence of meaningful buy volume — at a time when the retail and auction-house sector faces digital competition — suggests this insider built a position during or before Sotheby's public-market era and has since been distributing it. The buy cadence, combined with the still-large remaining stake implied by the sell-to-buy ratio, reads as a long-tenured stakeholder managing a legacy position rather than a trader with current views on the company.

The two-direction pattern tells a more complete story than the sell-only profiles elsewhere in this queue. At some point — likely early in the company's public history or during a specific period — Brown was adding to a Sotheby's stake. The subsequent selling phase implies the insider is now in distribution mode for a position that grew to a material size.

The transaction cadence — 451 filings across many years — is consistent with a long-tenured insider whose Form 4 obligations span the company's full public-market history. Without granular timing data, it is not possible to determine whether the buys clustered around a specific event (IPO, secondary offering, acquisition rumor), but the aggregate pattern is clear: this insider was once a net accumulator and is now a net distributor.

Analysis generated by 13F Insight from SEC Form 4 filing data. Methodology
Total Transactions
451
Total Buy Value
$856K
Total Sell Value
$2.97M
Net Activity
$-2.11M
Last Transaction
Jun 2026
Companies
1

Companies

Transaction History

Source: SEC EDGAR Form 4 insider transaction filings.

Type
Sale
Shares
10,000
Price
$0.85
Value
$9K
Type
Sale
Shares
10,000
Price
$1.07
Value
$11K
Type
J
Shares
454,355
Price
-
Value
-
Type
J
Shares
454,355
Price
-
Value
-
Type
Sale
Shares
6,000
Price
$1.05
Value
$6K
Type
Purchase
Shares
1,000
Price
$1.09
Value
$1K
Type
Purchase
Shares
5,000
Price
$1.10
Value
$6K
Type
Sale
Shares
2,141
Price
$1.98
Value
$4K
Type
Sale
Shares
862
Price
$1.98
Value
$2K
Type
Sale
Shares
5,997
Price
$1.98
Value
$12K
Type
Sale
Shares
244
Price
$1.98
Value
$483
Type
Sale
Shares
11,000
Price
$1.92
Value
$21K
Type
Sale
Shares
9,000
Price
$1.92
Value
$17K
Type
Sale
Shares
21,221
Price
$2.45
Value
$52K
Type
Sale
Shares
10,000
Price
$2.44
Value
$24K
Type
Sale
Shares
12,574
Price
$2.46
Value
$31K
Type
Sale
Shares
3,839
Price
$2.42
Value
$9K
Type
Sale
Shares
600
Price
$2.42
Value
$1K
Type
Sale
Shares
43,834
Price
$2.42
Value
$106K
Type
Sale
Shares
162,454
Price
$2.40
Value
$390K