Wheeler Walter R. 4

What Happened
Walter R. Wheeler, a director of Geospace Technologies Corp. (GEOS), was granted 3,500 shares on February 9, 2025. The grant is reported with an acquisition price of $0, so the immediate reported cash value is $0. This was an award/grant (code "A") rather than an open-market purchase or sale.

Key Details

• Transaction date: 2025-02-09; reported acquisition type: Award/Grant (code A).
• Price reported: $0.00 per share (grant recorded at $0).
• Shares acquired: 3,500. Total reported value at grant: $0 (per filing).
• Shares owned after transaction: Not specified in the supplied filing details.
• Filing date: 2026-02-09 — the Form 4 was filed about one year after the transaction, which appears to be a late filing.
• No 10b5-1 plan, tax-withholding, or immediate sale noted in the provided transaction details.

Context
An "A" code award with $0 price typically reflects a compensation grant (e.g., restricted shares or RSUs) rather than a cash purchase; such awards are common for directors and do not necessarily indicate buying or selling sentiment. Because this Form 4 was filed long after the transaction date, public disclosure was delayed; late filings reduce the timeliness of insider information for investors but do not on their own indicate wrongdoing.