James L. Morvant - 16 Jan 2026 Form 4 Insider Report for GULF ISLAND FABRICATION INC (GIFI)

Role
SVP, Operations
Signature
/s/ James L. Morvant
Issuer symbol
GIFI
Transactions as of
16 Jan 2026
Net transactions value
$0
Form type
4
Filing time
16 Jan 2026, 16:45:46 UTC
Previous filing
02 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Morvant James L. SVP, Operations 2170 BUCKTHORNE PLACE, STE. 420, THE WOODLANDS /s/ James L. Morvant 16 Jan 2026 0001806056

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GIFI Common Stock Award +7,473 +8% 100,949 16 Jan 2026 Direct F1
transaction GIFI Common Stock Disposed to Issuer -100,949 -100% 0 16 Jan 2026 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

James L. Morvant is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 In connection with the Merger described in Footnote 2, outstanding performance awards granted April 1, 2025 were converted to time-based restricted stock units at the target level.
F2 On January 16, 2026, pursuant to that certain Agreement and Plan of Merger dated as of November 7, 2025 (the "Merger Agreement") by and among IES Holdings, Inc. ("IES"), IES Merger Sub, LLC, an indirect wholly owned subsidiary of IES ("Merger Sub") and the Issuer, Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as an indirect wholly owned subsidiary of IES. At the effective time of the Merger, shares of the Issuer's common stock, including shares of common stock underlying outstanding time-based restricted stock units, converted into the right to receive $12.00 per share in cash.