<SEC-DOCUMENT>0001398344-25-002367.txt : 20250211
<SEC-HEADER>0001398344-25-002367.hdr.sgml : 20250211
<ACCEPTANCE-DATETIME>20250211082406
ACCESSION NUMBER:		0001398344-25-002367
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250211
DATE AS OF CHANGE:		20250211

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GULF ISLAND FABRICATION INC
		CENTRAL INDEX KEY:			0001031623
		STANDARD INDUSTRIAL CLASSIFICATION:	FABRICATED STRUCTURAL METAL PRODUCTS [3440]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				721147390
		STATE OF INCORPORATION:			LA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-52777
		FILM NUMBER:		25607747

	BUSINESS ADDRESS:	
		STREET 1:		2170 BUCKTHORNE PL
		STREET 2:		SUITE 420
		CITY:			THE WOODLANDS
		STATE:			TX
		ZIP:			77380
		BUSINESS PHONE:		713-714-6123

	MAIL ADDRESS:	
		STREET 1:		2170 BUCKTHORNE PL
		STREET 2:		SUITE 420
		CITY:			THE WOODLANDS
		STATE:			TX
		ZIP:			77380

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Wax Asset Management, LLC
		CENTRAL INDEX KEY:			0001598207
		ORGANIZATION NAME:           	
		IRS NUMBER:				451499398
		STATE OF INCORPORATION:			CT
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		44 CHERRY LANE
		CITY:			MADISON
		STATE:			CT
		ZIP:			06443
		BUSINESS PHONE:		203-941-0111

	MAIL ADDRESS:	
		STREET 1:		44 CHERRY LANE
		CITY:			MADISON
		STATE:			CT
		ZIP:			06443
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Wax Asset Management, LLC -->
          <cik>0001598207</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>5</amendmentNo>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>12/31/2024</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001031623</issuerCik>
        <issuerName>GULF ISLAND FABRICATION, INC</issuerName>
        <issuerCusip>402307102</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>2170 BUCKTHORNE PL, SUITE 420</com:street1>
          <com:city>THE WOODLANDS</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>77380</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Wax Asset Management, LLC</reportingPersonName>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>2183121.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>2183121.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>2183121.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>13.3</classPercent>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>GULF ISLAND FABRICATION, INC</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>2170 BUCKTHORNE PLACE, SUITE 420 THE WOODLANDS, TEXAS 77380</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Wax Asset Management, LLC</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>44 Cherry Lane
Madison, CT 06443</principalBusinessOfficeOrResidenceAddress>
        <citizenship>United States</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
        <typeOfPersonFiling>IA</typeOfPersonFiling>
      </item3>
      <item4>
        <amountBeneficiallyOwned>2183121</amountBeneficiallyOwned>
        <classPercent>13.3</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>2183121</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>2183121</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>Wax Asset Management, LLC</reportingPersonName>
      <signatureDetails>
        <signature>Evan Wax</signature>
        <title>Evan Wax President</title>
        <date>02/06/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
