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This document reports changes in beneficial ownership for Gulf Island Fabrication Inc by James L. Morvant, detailing transactions and ownership as of May 26, 2023.
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SEC Form 4 is a document that insiders of publicly traded companies use to report changes in their ownership of the company's securities, such as stocks.
Officers, directors, and beneficial owners of more than 10% of a company's equity securities are required to file SEC Form 4.
To fill out SEC Form 4, insiders must provide information about their name, relationship to the issuer, the securities they are reporting on, and details of the transaction, including the date and amount.
The purpose of SEC Form 4 is to provide transparency to the market regarding insider trading and to ensure that the company's shareholders are aware of the trading activities by insiders.
Form 4 must report the insider's name, the issuer's name, the date of the transaction, the amount of securities bought or sold, the price per share, and the nature of the ownership (direct or indirect).
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