secwatch.observer — SEC 8-K summary
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Issuer:     DAWSON GEOPHYSICAL CO (DWSN)
CIK:        0000799165
Form:       8-K
Filed at:   2023-06-22T23:59:59+00:00
Accession:  0001104659-23-073807
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dawson Geophysical appoints Anthony Clark as EVP and Chief Business Officer; base salary $340,000
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- Anthony Clark appointed EVP and Chief Business Officer, effective June 16, 2023.
- Previously President of Breckenridge Geophysical, acquired by Dawson in March 2023.
- Employment agreement: $340,000 base salary; eligible for annual performance bonus.
- Severance: upon termination without cause, gets base salary for remaining term, full vesting, COBRA cost, prorated bonus.
- Post-change of control termination: severance doubled (2x base salary, 2x COBRA, 2x prorated bonus).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799165/000110465923073807/0001104659-23-073807-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799165/000110465923073807/tm2319355d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-073807

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer