SEC Info - Bean Jeffrey Buchanan - ‘4’ for 2/8/23 re: Sparta Commercial Services, Inc.

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Bean Jeffrey Buchanan – ‘4’ for 2/8/23 re: Sparta Commercial Services, Inc.

On: Friday, 2/10/23, at 5:37pm ET · For: 2/8/23 · As: Director · Accession #: 1309642-23-2 · File #: 0-09483

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer

 2/10/23  Bean Jeffrey Buchanan             4          Director    1:5K   Sparta Commercial Services, Inc.

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of     HTML      5K 
                Securities by an Insider -- primary_doc.xml/3.6

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Form 4 – Plain Text – SEC Website – EDGAR System – XML Data – <?xml?> File

XML Data rendering: Statement of Changes in Beneficial Ownership of Securities by an Insider

<?xml version="1.0" encoding="windows-1252"?>

<ownershipDocument>

<schemaVersion> X0306 </schemaVersion>

<documentType> 4 </documentType>

<periodOfReport> 2023-02-08 </periodOfReport>

<notSubjectToSection16> 0 </notSubjectToSection16>

<issuer>

<issuerCik> 0000318299 </issuerCik>

<issuerName> SPARTA COMMERCIAL SERVICES, INC. </issuerName>

<issuerTradingSymbol> SRCO </issuerTradingSymbol>

</issuer>

<reportingOwner>

<reportingOwnerId>

<rptOwnerCik> 0001309642 </rptOwnerCik>

<rptOwnerName> bean jeffrey buchanan </rptOwnerName>

</reportingOwnerId>

<reportingOwnerAddress>

<rptOwnerStreet1> 325 COTTON AVENUE </rptOwnerStreet1>

<rptOwnerStreet2></rptOwnerStreet2>

<rptOwnerCity> MACON </rptOwnerCity>

<rptOwnerState> GA </rptOwnerState>

<rptOwnerZipCode> 31201 </rptOwnerZipCode>

<rptOwnerStateDescription></rptOwnerStateDescription>

</reportingOwnerAddress>

<reportingOwnerRelationship>

<isDirector> 1 </isDirector>

<isOfficer> 0 </isOfficer>

<isTenPercentOwner> 0 </isTenPercentOwner>

<isOther> 0 </isOther>

</reportingOwnerRelationship>

</reportingOwner>

<derivativeTable>

<derivativeTransaction>

<securityTitle>

<value> Non-Qualified Stock Option </value>

</securityTitle>

<conversionOrExercisePrice>

<value> 0.18 </value>

</conversionOrExercisePrice>

<transactionDate>

<value> 2023-02-08 </value>

</transactionDate>

<transactionCoding>

<transactionFormType> 4 </transactionFormType>

<transactionCode> A </transactionCode>

<equitySwapInvolved> 0 </equitySwapInvolved>

</transactionCoding>

<transactionTimeliness>

<value></value>

</transactionTimeliness>

<transactionAmounts>

<transactionShares>

<value> 200000 </value>

</transactionShares>

<transactionPricePerShare>

<value> 0.18 </value>

</transactionPricePerShare>

<transactionAcquiredDisposedCode>

<value> A </value>

</transactionAcquiredDisposedCode>

</transactionAmounts>

<exerciseDate>

<value> 2023-02-08 </value>

<footnoteId id="F1"/>

</exerciseDate>

<expirationDate>

<value> 2028-02-08 </value>

</expirationDate>

<underlyingSecurity>

<underlyingSecurityTitle>

<value> Common Stock </value>

</underlyingSecurityTitle>

<underlyingSecurityShares>

<value> 200000 </value>

</underlyingSecurityShares>

</underlyingSecurity>

<postTransactionAmounts>

<sharesOwnedFollowingTransaction>

<value> 871680 </value>

</sharesOwnedFollowingTransaction>

</postTransactionAmounts>

<ownershipNature>

<directOrIndirectOwnership>

<value> D </value>

</directOrIndirectOwnership>

</ownershipNature>

</derivativeTransaction>

</derivativeTable>

<footnotes>

<footnote id="F1"> 66,667 options vest immediately, 66,667 options vest 02/08/2024, and 66,666 options vest 02/08/2025. </footnote>

</footnotes>

<ownerSignature>

<signatureName> Jeffrey Buchanan Bean </signatureName>

<signatureDate> 2023-02-10 </signatureDate>

</ownerSignature>

</ownershipDocument>

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Filing Submission 0001309642-23-000002 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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