Ashworth Margaret 4

What Happened Margaret Ashworth, a director of Geospace Technologies Corp (GEOS), received a grant/award of 3,500 shares reported on Form 4. The reported acquisition price is $0.00, indicating the shares were issued as compensation (award/grant) rather than bought on the open market; the reported value based on price is $0.00. This is an award (transaction code A), not a purchase or sale.

Key Details

• Transaction date: 2025-02-09. Report (Form 4) filed: 2026-02-09. The filing date is about one year after the transaction, which appears to be a late filing.
• Price per share reported: $0.00; total cash exchanged reported: $0.00.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes/notable items: none provided in the excerpt (no 10b5-1 plan, tax withholding, or immediate sale noted).

Context An "A" (award/grant) typically reflects compensation (e.g., restricted stock or other equity awards) rather than a market purchase, so it shouldn't be read the same way as an insider buy or sell. Awards are common for directors and employees and do not necessarily signal the insider's view on short-term stock direction. The apparent late filing reduces the timeliness of the disclosure, which can limit usefulness for investors tracking insider activity.