{"url_path":"/sec/trak/8-k/2026-07-08/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material Definitive Agreement.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-08","source_url":"https://www.sec.gov/Archives/edgar/data/50471/0001437749-26-023059-index.html","accession_number":"0001437749-26-023059","cik":"0000050471","ticker":"TRAK","issuer_name":"ReposiTrak, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/50471/0001437749-26-023059-index.html","primary_entity_key":"0000050471","primary_entity_name":"ReposiTrak, Inc."},"word_count":199,"has_tables":true,"body_markdown":"**Item 1.01 Entry into a Material Definitive Agreement.**\n\n \n\nOn July 1, 2026 (the “*Closing Date*”), ReposiTrak, Inc. (the “*Company*”) entered into Stock Purchase Agreements with William Bartels (“*Bartels*”) and WHB Services, Inc. Incentive Savings Plan and Trust  (“*WHB*”) (together, the “*Agreements*”). Under the terms of the Agreements, on the Closing Date, the Company is to be issued an aggregate of 4,709,837 shares of common stock (the “*SPAR Shares*”) of SPAR Group, Inc., a Delaware corporation (“*SPAR Group*”). Aggregate contingent consideration due under the Agreements on the Closing Date by the Company for the SPAR Shares is approximately $3.3 million consisting of (i) a previously paid non-refundable deposit of $100,000 (the “*Deposit*”); (ii) $139,883 to be paid upon delivery to the Company of the SPAR Shares held by William Bartels; (iii), $485,118 to be paid upon delivery to the Company of the SPAR shares held by WHB; and (iv) the issuance of the Note, as defined below.\n\n \n\nThe foregoing descriptions of the Agreements do not purport to be complete and are qualified in their entirety by reference to the Agreements, copies of which are filed as Exhibits 10.1 and 10.2 to this Current Report and are incorporated herein by reference."}