Form 4: Gulf Island Fabrication Executive Reports Stock Transactions
SEC Form 4 Filing
Thomas M. Smouse, VP, CHRO & HSE of Gulf Island Fabrication Inc., reports the disposal of common stock to cover vesting of restricted stock units.
Summary
- On April 1, 2024, Thomas M. Smouse, VP, CHRO & HSE of Gulf Island Fabrication Inc., disposed of 1,115 shares of common stock at a price of $7.5.
- Following this transaction, Smouse directly owns 74,599 shares of Gulf Island Fabrication Inc.
- On the same day, Smouse disposed of another 1,473 shares of common stock at $7.5.
- After this second transaction, Smouse directly owns 73,126 shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to executive compensation and represent a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of stock disposal transactions |
| 04/03/2024 | Date of signature on the Form 4 filing |
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