GEOSPACE TECHNOLOGIES CORPORATION Form 8-K Filing

Geospace Technologies Corporation announced an organizational change plan, including a Voluntary Early Retirement plan and a Reduction in Force, resulting in approximately a 20% global workforce reduction. This initiative, along with other cost-containment measures, is expected to yield approximately $10 million in annualized cash savings. The company anticipates incurring $0.6 million in termination costs in the second fiscal quarter and an additional $0.7 million in the third fiscal quarter ending June 30, 2026, primarily for employee transition, severance, and benefits. The filing also includes Exhibit 104, the Cover Page Interactive Data.