Form 4: Geospace Technologies Director Richard F. Miles Sells 4,900 Shares
SEC Form 4 Filing
Director Richard F. Miles of Geospace Technologies Corp. sold 4,900 shares of common stock at $12.04 per share on February 22, 2024.
Summary
- Richard F. Miles, a director of Geospace Technologies Corp., sold 4,900 shares of common stock on February 22, 2024.
- The sale price was $12.04 per share.
- Following the transaction, Miles directly owns 37,400 shares of Geospace Technologies Corp.
- Miles also indirectly owns 2,000 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by a company director. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways depending on the context.
Industry Context
This is a routine disclosure of insider trading activity. It's important to monitor such filings to understand the sentiment of company insiders regarding the company's prospects.
Stakeholder Impact
- The sale of shares by a director could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/22/2024 | Date of transaction: Richard F. Miles sold shares of common stock |
| 02/27/2024 | Date of signature on the Form 4 filing |
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