false 0001001115 0001001115 2024-11-21 2024-11-21
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
 
FORM 8-K
 
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): November 21, 2024
 
 
GEOSPACE TECHNOLOGIES CORPORATION
(Exact name of Registrant as Specified in Its Charter)
 
 
Texas
001-13601
76-0447780
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
     
7007 Pinemont,
Houston, Texas
  
77040
(Address of Principal Executive Offices)
  
(Zip Code)
 
Registrant’s Telephone Number, Including Area Code: (713) 986-4444
 
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
 
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
  
Trading
Symbol(s)
  
Name of each exchange on which registered
Common Stock
  
GEOS
  
The NASDAQ Global Select Market
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
 
Emerging growth company ☐
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 
 
 
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
On November 21, 2024, Gary D. Owens notified Geospace Technologies Corporation (the “Company”) that he will not seek re-election to the Company” board of directors (the “Board”). Mr. Owens would have been up for re-election at the Company’s next annual meeting of shareholders set for February 6, 2025. Mr. Owens also stepped down as Chairman of the Board but will remain a board member until the 2025 annual meeting of shareholders.
 
The Board has appointed Stephen C. Jumper to serve as the Company’s new Chairman of the Board effective immediately. Mr. Jumper has been on the Board since December 2023.
 
Mr. Owens has been a director and Chairman of the Board since 1997. The Board thanks Mr. Owens for his many years of distinguished service and significant contribution to the Company.
 
 
Item 9.01
Financial Statements and Exhibits
 
(d) Exhibits:
 
Exhibit
  
Description
   
 
Exhibit 104
  
Cover Page Interactive Data File (embedded within the Inline XBRL document).
 
 
 
 
SIGNATURES
 
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
GEOSPACE TECHNOLOGIES CORPORATION
Date: November 26, 2024
By:
/s/ Robert L. Curda
Robert L. Curda
Vice President, Chief Financial Officer & Secretary
 
 
v3.24.3
Document And Entity Information
Nov. 21, 2024
Document Information [Line Items]  
Entity, Registrant Name GEOSPACE TECHNOLOGIES CORPORATION
Document, Type 8-K
Document, Period End Date Nov. 21, 2024
Entity, Incorporation, State or Country Code TX
Entity, File Number 001-13601
Entity, Tax Identification Number 76-0447780
Entity, Address, Address Line One 7007 Pinemont
Entity, Address, City or Town Houston
Entity, Address, State or Province TX
Entity, Address, Postal Zip Code 77040
City Area Code 713
Local Phone Number 986-4444
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock
Trading Symbol GEOS
Security Exchange Name NASDAQ
Entity, Emerging Growth Company false
Amendment Flag false
Entity, Central Index Key 0001001115
Geospace Technologies (NASDAQ:GEOS)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Geospace Technologies Charts.
Geospace Technologies (NASDAQ:GEOS)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Geospace Technologies Charts.