{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-122824","form_type":"8-K","ticker":"DWSN","cik":"0000799165","company_name":"DAWSON GEOPHYSICAL CO","filed_at":"2023-12-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.034634+00:00","generated_at":"2026-06-07T19:41:55.146024+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Dawson Geophysical finalizes separation agreements with CEO, CFO, COO","bullets":["CEO Stephen Jumper, CFO James Brata, and COO C. Ray Tobias terminated; effective Dec 20, 2023; responsibilities ceased Nov 20.","Base salary continuation: Brata and Tobias through Feb 11, 2025; Jumper through Dec 20, 2025.","Tobias receives $456,667 salary continuation, $27,259 COBRA lump sum, and company vehicle (2023 Ford F-150) transfer.","Executives reaffirm confidentiality, non-compete, non-solicitation covenants and grant general release of claims.","Company to pay club membership dues for Jumper for 24 months post-termination."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-122824","json":"https://secwatch.observer/filing/0001104659-23-122824.json","markdown":"https://secwatch.observer/filing/0001104659-23-122824.md","text":"https://secwatch.observer/filing/0001104659-23-122824.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/799165/000110465923122824/0001104659-23-122824-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/799165/000110465923122824/tm2331890d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T19:41:55.146024+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2333084782","claim":"C. Ray Tobias was terminated as Chief Operating Officer at DAWSON GEOPHYSICAL CO.","evidence_excerpt":"it was determined by the Board of Directors of Dawson Geophysical Company (the “Company”) that the employment of (i) James K. Brata, the Company’s Chief Financial Officer, Executive Vice President, Secretary and Treasurer; (ii) Stephen C. Jumper, the Company’s President and Chief Executive Officer; and (iii) C. Ray Tobias, the Company’s Chief Operating Officer and Executive Vice President would terminate (the “Terminations”) on December 20, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/799165/000110465923122824/0001104659-23-122824-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"terminated"},{"label":"Role","value":"Chief Operating Officer"}],"fact_type":"executive_change"},{"claim_id":"47841b18b3","claim":"Stephen C. Jumper was terminated as President and Chief Executive Officer at DAWSON GEOPHYSICAL CO.","evidence_excerpt":"it was determined by the Board of Directors of Dawson Geophysical Company (the “Company”) that the employment of (i) James K. Brata, the Company’s Chief Financial Officer, Executive Vice President, Secretary and Treasurer; (ii) Stephen C. Jumper, the Company’s President and Chief Executive Officer; and (iii) C. Ray Tobias, the Company’s Chief Operating Officer and Executive Vice President would terminate (the “Terminations”) on December 20, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/799165/000110465923122824/0001104659-23-122824-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"terminated"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"bc2390e27c","claim":"James K. Brata was terminated as Chief Financial Officer at DAWSON GEOPHYSICAL CO.","evidence_excerpt":"it was determined by the Board of Directors of Dawson Geophysical Company (the “Company”) that the employment of (i) James K. Brata, the Company’s Chief Financial Officer, Executive Vice President, Secretary and Treasurer; (ii) Stephen C. Jumper, the Company’s President and Chief Executive Officer; and (iii) C. Ray Tobias, the Company’s Chief Operating Officer and Executive Vice President would terminate (the “Terminations”) on December 20, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/799165/000110465923122824/0001104659-23-122824-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"terminated"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}