<SEC-DOCUMENT>0000732847-25-000007.txt : 20250213
<SEC-HEADER>0000732847-25-000007.hdr.sgml : 20250213
<ACCEPTANCE-DATETIME>20250213185332
ACCESSION NUMBER:		0000732847-25-000007
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250213
DATE AS OF CHANGE:		20250213

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:		25622274

	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:			FIRST WILSHIRE SECURITIES MANAGEMENT INC
		CENTRAL INDEX KEY:			0000732847
		ORGANIZATION NAME:           	
		IRS NUMBER:				952844956
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		1214 EAST GREEN STREET, SUITE 104
		CITY:			PASADENA
		STATE:			CA
		ZIP:			91106-3171
		BUSINESS PHONE:		(626) 796-6622

	MAIL ADDRESS:	
		STREET 1:		1214 EAST GREEN STREET, SUITE 104
		CITY:			PASADENA
		STATE:			CA
		ZIP:			91106-3171

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FIRST WILSHIRE SECURITIES MANAGEMENT INC /CA
		DATE OF NAME CHANGE:	20010411
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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<submissionType>SCHEDULE 13G/A</submissionType>
<previousAccessionNumber>0000732847-24-000005</previousAccessionNumber>
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<filer>
<filerCredentials>
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<liveTestFlag>LIVE</liveTestFlag>


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<formData>
<coverPageHeader>
<amendmentNo>5</amendmentNo>
<securitiesClassTitle>COM</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>
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<designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
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<reportingPersonName>First Wilshire Securities Management, Inc.</reportingPersonName>
<citizenshipOrOrganization>CA</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>942424</soleVotingPower>
<sharedVotingPower>0</sharedVotingPower>
<soleDispositivePower>980333</soleDispositivePower>
<sharedDispositivePower>0</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>980333</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<classPercent>6.0</classPercent>
<typeOfReportingPerson>IA</typeOfReportingPerson>
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<issuerName>GULF ISLAND FABRICATION INC</issuerName>
<issuerPrincipalExecutiveOfficeAddress>2170 BUCKTHORNE PL, SUITE 420, THE WOODLANDS, TX 77380</issuerPrincipalExecutiveOfficeAddress>
</item1>
<item2>
<filingPersonName>First Wilshire Securities Management, Inc.</filingPersonName>
<principalBusinessOfficeOrResidenceAddress>1214 East Green Street, Suite 104, Pasadena, CA 91106</principalBusinessOfficeOrResidenceAddress>
<citizenship>California</citizenship>
</item2>
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<notApplicableFlag>N</notApplicableFlag>
<typeOfPersonFiling>IA</typeOfPersonFiling>
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<item4>
<amountBeneficiallyOwned>980333</amountBeneficiallyOwned>
<classPercent>6.0</classPercent>
<numberOfSharesPersonHas>
<solePowerOrDirectToVote>942424</solePowerOrDirectToVote>
<sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
<solePowerOrDirectToDispose>980333</solePowerOrDirectToDispose>
<sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
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</item4>
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<notApplicableFlag>Y</notApplicableFlag>
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<notApplicableFlag>Y</notApplicableFlag>
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<notApplicableFlag>Y</notApplicableFlag>
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<notApplicableFlag>Y</notApplicableFlag>
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<notApplicableFlag>Y</notApplicableFlag>
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<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.</certifications>
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<signatureInformation>
<reportingPersonName>First Wilshire Securities Management, Inc.</reportingPersonName>
<signatureDetails>
<signature>Howard Lu</signature>
<title>CEO</title>
<date>02/13/2025</date>
</signatureDetails>
</signatureInformation>
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</SEC-DOCUMENT>
