Form 4: Gulf Island Fabrication Executive Matthew Oubre Reports Stock Disposals

Matthew Oubre, SVP of Commercial at Gulf Island Fabrication, reports the disposal of common stock to cover tax obligations.

Summary

• On May 1, 2025, Matthew Oubre, SVP of Commercial at Gulf Island Fabrication Inc. (GIFI), disposed of 1,964 shares of common stock at a price of $7.37.
• Following this transaction, Oubre directly owns 39,109 shares of common stock.
• A further disposal of 1,412 shares of common stock at $7.37 occurred on the same day, resulting in a direct ownership of 37,697 shares.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard SEC filing reporting stock disposals, likely for tax purposes. No inherent positive or negative implications.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into the transactions of those with access to non-public information.

Stakeholder Impact

• The stock disposal may have a minor impact on shareholders due to the increased supply of shares, but the amount is unlikely to be significant.

Key Dates

Keywords

GIFI, Gulf Island Fabrication, Matthew Oubre, stock disposal, Form 4, SEC filing, beneficial ownership, common stock