FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Matacunas Mike R.
2. Date of Event Requiring Statement (MM/DD/YYYY)
2/22/2021 

3. Issuer Name and Ticker or Trading Symbol

SPAR Group, Inc. [SGRP]
(Last)        (First)        (Middle)

C/O SPAR GROUP, INC., 1910 OPDYKE COURT
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
Chief Executive Officer /
(Street)

AUBURN HILLS, MI 48326      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Option to buy Common Stock, $.01 par value 2/22/2022 2/22/2031 Common Stock, $.01 par value 630000 $1.9000 D  
Restricted Stock Units, Based on Common Stock,$.01 Par Value 2/22/2022 (1) (2)Common Stock, $.01 par value 26315 $1.9000 D  

Explanation of Responses:
(1) On February 22, 2021, the Reporting Person received an award for Restricted Stock Units (RSUs) for 26,315 shares of SGRP's Common Stock having a value of its market price of $1.90 per share on the day awarded. The RSUs will vest and be payable in cash or Common Stock (at the option of the Issuer) on February 22, 2022, subject to certain conditions, but no exercise price or other payment for such shares is required.
(2) Not applicable.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Matacunas Mike R.
C/O SPAR GROUP, INC.
1910 OPDYKE COURT
AUBURN HILLS, MI 48326
X
Chief Executive Officer

Signatures
/s/ Michael R. Matacunas6/3/2021
**Signature of Reporting PersonDate

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