Form 4: Geospace Technologies CEO Acquires and Disposes of Shares
SEC Form 4 Filing
Richard James Kelley, President & CEO of Geospace Technologies, reports acquiring 5,000 shares of common stock and disposing of 25,000 shares on October 1, 2024.
Summary
- Richard James Kelley, the President & CEO of Geospace Technologies Corp, filed a Form 4 on October 2, 2024.
- The report details changes in beneficial ownership of the company's common stock.
- On October 1, 2024, Kelley acquired 5,000 shares of common stock at $0 and disposed of 25,000 shares.
- Following these transactions, Kelley directly owns 25,000 shares of Geospace Technologies Corp.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an insider, with no inherent positive or negative implications.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into management's perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of stock acquisition and disposal. |
| 10/02/2024 | Date of Form 4 filing. |
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