[Form 4] Dawson Geophysical Company New Insider Trading Activity

Rhea-AI Filing Summary

William Anthony Clark, identified as CEO & President of Dawson Geophysical Company (DWSN), reported a purchase of company common stock on 09/09/2025. The filing shows an acquisition of 550 shares at a price of $1.59 per share. Following this transaction, Mr. Clark beneficially owned 1,850 shares of Dawson Geophysical common stock. This submission is a Form 4 statement of changes in beneficial ownership filed under Section 16.

Insights

Financial Analyst

TL;DR: Insider purchase recorded—small transaction size relative to typical market-moving trades; limited direct market impact.

The Form 4 documents a direct, non-derivative acquisition of 550 shares at $1.59 by the CEO & President, bringing total reported beneficial ownership to 1,850 shares. From a financial-analyst perspective, the transaction is clear and routine: it updates insider ownership metrics and is useful for tracking insider activity trends. There is no accompanying disclosure of larger compensatory stock grants, derivative transactions, or other material arrangements in this filing. Without additional contextual data on outstanding share count or prior holdings, the transaction appears informational rather than material to valuation models.

Corporate Governance Expert

TL;DR: Proper Section 16 reporting of an insider purchase; filing meets disclosure requirements with a signed Form 4.

The filing identifies the reporting person, relationship to the issuer (CEO & President), transaction date, and specifics of a 550-share acquisition at $1.59. It is signed and dated, which satisfies basic compliance expectations under Section 16. There are no amendments, joint filers, or derivative instruments reported, and no explanatory disclosures beyond the transaction line. Governance implications are limited: the document provides transparency about executive holdings but does not, on its face, raise governance concerns or indicate material changes in control.

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
Estimated average burden
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)
09/09/2025

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	09/09/2025		A		550	A	$1.59	1,850	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	09/09/2025
	** 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 transaction did William Anthony Clark report on Form 4 for DWSN?

The Form 4 reports a direct acquisition of 550 shares of Dawson Geophysical common stock on 09/09/2025 at $1.59 per share.

What is William Anthony Clark's role at Dawson Geophysical (DWSN)?

The filing identifies William Anthony Clark as the company's CEO & President.

How many shares did Mr. Clark beneficially own after the reported transaction?

Following the reported purchase, Mr. Clark beneficially owned 1,850 shares of Dawson Geophysical common stock.

Was the Form 4 signed and dated?

Yes. The filing includes a signature line: /s/ William Anthony Clark dated 09/09/2025.

Does the Form 4 report any derivative transactions or dispositions?

No. The filing reports a non-derivative acquisition only; Table II (derivative securities) contains no reported transactions.