Form 4: Gulf Island Fabrication Director Michael J. Keeffe Reports Stock Transactions
SEC Form 4 Filing
Director Michael J. Keeffe reports acquisition and disposal of Gulf Island Fabrication Inc. stock and restricted stock units on April 1, 2025.
Summary
- Michael J. Keeffe, a director of Gulf Island Fabrication Inc. (GIFI), reported transactions involving the company's stock on April 1, 2025.
- Keeffe disposed of 5,333 shares of common stock.
- These shares were acquired through the vesting of restricted stock units.
- Following the transaction, Keeffe directly owns 36,422 shares of common stock.
- Keeffe also acquired 5,979 restricted stock units, which are the economic equivalent of one share of GIFI's common stock, and will vest on 04/01/2026.
- After the transaction, Keeffe directly owns 5,979 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company leadership.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of stock and restricted stock unit transactions. |
| 04/01/2025 | Date restricted stock units vested. |
| 04/01/2026 | Date restricted stock units will vest. |
| 04/02/2025 | Date of report filing. |
Keywords
Form 4, GIFI, Gulf Island Fabrication Inc., Michael J. Keeffe, Director, Stock Transaction, Restricted Stock Units, Beneficial Ownership
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