Form 4: Gulf Island Fabrication EVP, CFO, and Secretary Westley S. Stockton Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Westley S. Stockton, EVP, CFO, and Secretary/Treasurer of Gulf Island Fabrication Inc., reports the disposition of common stock to cover tax obligations.
Summary
- On May 1, 2025, Westley S. Stockton, EVP, CFO, and Secretary/Treasurer of Gulf Island Fabrication Inc. (GIFI), disposed of 9,123 shares of common stock at a price of $7.37.
- Following this transaction, Stockton directly owns 472,599 shares of GIFI common stock.
- On May 1, 2025, Westley S. Stockton, EVP, CFO, and Secretary/Treasurer of Gulf Island Fabrication Inc. (GIFI), disposed of 6,559 shares of common stock at a price of $7.37.
- Following this transaction, Stockton directly owns 466,040 shares of GIFI common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an officer, with no inherent positive or negative implications for the company's overall outlook.
Industry Context
This filing is a routine disclosure related to insider transactions and is a standard part of regulatory compliance for publicly traded companies.
Stakeholder Impact
- The disposition of shares by a company executive may be perceived differently by stakeholders; some may see it as a lack of confidence, while others may view it as a normal part of personal financial management.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: Disposition of 9,123 shares of common stock. |
| 05/01/2025 | Date of transaction: Disposition of 6,559 shares of common stock. |
| 05/02/2025 | Date of signature on the report. |
Keywords
Form 4, Beneficial Ownership, GIFI, Gulf Island Fabrication, Stockton, Westley S. Stockton, EVP, CFO, Secretary/Treasurer, Common Stock, Disposition
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