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This SEC Form 4 outlines changes in beneficial ownership of Gulf Island Fabrication Inc securities by Robert Allen Wallis, highlighting transactions that occurred in 2021.
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Form 4 is a filing required by the Securities and Exchange Commission (SEC) that reports transactions in the securities of a company by its insiders, such as executives and directors.
Form 4 must be filed by company insiders, including officers, directors, and anyone who owns more than 10% of a company's shares.
To fill out Form 4, insiders must accurately provide details about their transactions, including the date of the transaction, security type, amount of securities involved, and the nature of the transaction.
The purpose of Form 4 is to provide transparency regarding the trading activities of company insiders to help eliminate insider trading and protect investors.
On Form 4, insiders must report the date of the transaction, type of security, amount of shares bought or sold, and the nature of the transaction (such as purchase, sale, or gift).
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