<SEC-DOCUMENT>0001104659-24-123268.txt : 20241126
<SEC-HEADER>0001104659-24-123268.hdr.sgml : 20241126
<ACCEPTANCE-DATETIME>20241126213324
ACCESSION NUMBER:		0001104659-24-123268
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20241126
FILED AS OF DATE:		20241126
DATE AS OF CHANGE:		20241126

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Highwire Capital, LLC
		CENTRAL INDEX KEY:			0002036692
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27408
		FILM NUMBER:		241506086

	BUSINESS ADDRESS:	
		STREET 1:		717 N. HARWOOD STREET
		STREET 2:		SUITE 2400
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75201
		BUSINESS PHONE:		214-683-4373

	MAIL ADDRESS:	
		STREET 1:		717 N. HARWOOD STREET
		STREET 2:		SUITE 2400
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75201

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SPAR Group, Inc.
		CENTRAL INDEX KEY:			0001004989
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-BUSINESS SERVICES, NEC [7389]
		ORGANIZATION NAME:           	07 Trade & Services
		IRS NUMBER:				330684451
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1910 OPDYKE COURT
		CITY:			AUBURN HILLS
		STATE:			MI
		ZIP:			48326
		BUSINESS PHONE:		2483647727

	MAIL ADDRESS:	
		STREET 1:		1910 OPDYKE COURT
		CITY:			AUBURN HILLS
		STATE:			MI
		ZIP:			48326

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SPAR GROUP INC
		DATE OF NAME CHANGE:	19990713

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PIA MERCHANDISING SERVICES INC
		DATE OF NAME CHANGE:	19951220
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>tm2429631-1_4seq1.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2024-11-26</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0001004989</issuerCik>
        <issuerName>SPAR Group, Inc.</issuerName>
        <issuerTradingSymbol>SGRP</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002036692</rptOwnerCik>
            <rptOwnerName>Highwire Capital, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>717 N. HARWOOD STREET, SUITE 2400</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>DALLAS</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75201</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <officerTitle></officerTitle>
            <otherText>See Remarks</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <remarks>This statement is filed solely to report termination of reporting-person status. The reporting person's status as a deemed 10% beneficial owner under Rule 16a-1(a)(1), applying a Section 13(d) ownership standard, terminated upon termination of a voting agreement under which the reporting person was deemed to have shared voting power. The reporting person did not and does not have a pecuniary interest in or beneficially own any securities of the Issuer for purposes of the Section 16(a) reporting requirements.</remarks>

    <ownerSignature>
        <signatureName>Highwire Capital, LLC By: /s/ Benjamin D. Hudson, CFO</signatureName>
        <signatureDate>2024-11-26</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
