[Form 4] Dawson Geophysical Company New Insider Trading Activity

Rhea-AI Filing Summary

William Anthony Clark, CEO & President of Dawson Geophysical Company (DWSN), reported an insider purchase. On 08/20/2025 he acquired 500 shares of the company's common stock at a price of $1.40 per share, bringing his total beneficial ownership to 1,300 shares. The Form 4 was signed on 08/21/2025 and indicates the transaction was a direct acquisition.

Positive

• CEO purchase disclosed—William Anthony Clark acquired 500 shares, signaling personal investment in the issuer
• Timely Section 16 disclosure—Form 4 signed 08/21/2025, indicating compliance with reporting requirements

Negative

• None.

Insights

Securities Analyst

Insider bought 500 shares at $1.40, modest in size but signals alignment with shareholders.

The CEO and President reported a direct purchase of 500 common shares on 08/20/2025 at $1.40 each, increasing his beneficial holdings to 1,300 shares. The filing is a routine Section 16 disclosure of an open-market acquisition. The transaction size disclosed is small in absolute terms; the filing contains no information about the source of funds, plan-based trading, or any related derivative activity.

Corporate Governance Expert

Routine Form 4 disclosure of CEO purchase; governance-wise it demonstrates compliance and timely reporting.

The Form 4 shows timely reporting and a manual signature dated 08/21/2025. It designates the reporting person as an officer (CEO & President) and reports a direct acquisition of common stock. No amendments, derivatives, or complex arrangements are disclosed. The filing does not include additional context about company strategy or executive compensation changes.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Clark William Anthony

(Last) (First) (Middle)

508 W. WALL STREET, SUITE 800

(Street)

MIDLAND TX 79701

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DAWSON GEOPHYSICAL CO [ DWSN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO & President

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Dawson Geophysical Company-Common Stock $0.01 par value	08/20/2025		A		500	A	$1.4	1,300	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ William Anthony Clark	08/21/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Dawson Geophysical (DWSN) report on this Form 4?

The CEO & President, William Anthony Clark, directly acquired 500 shares of common stock on 08/20/2025 at $1.40 per share.

How many shares does the reporting person beneficially own after the transaction?

Following the reported purchase, the filing states the reporting person beneficially owns 1,300 shares.

Was the transaction reported as direct or indirect ownership?

The Form 4 lists the ownership form as Direct (D), indicating the shares are directly beneficially owned by the reporting person.

When was the Form 4 signed and filed?

The signature on the Form 4 is dated 08/21/2025; the reported transaction date is 08/20/2025.

Did the filing disclose any derivative transactions or option exercises?

No. Table II for derivative securities contains no entries and no derivatives or exercises are disclosed in this filing.