Gaia (GAIA) director adds 70,750 shares in open-market buy
Rhea-AI Filing Summary
GAIA, INC director Paul Howard Sutherland corrected a prior Form 4 to show that 70,750 shares of Class A Common Stock reported on August 13, 2026 were acquired via an open market purchase, not an equity award or grant. After this transaction, he directly held 431,073 shares at a purchase price of $1.2166 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 70,750 shares
Net Buy
1 txn
Insider
Sutherland Paul Howard
Role
Director
Bought
70,750 shs ($86K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 70,750 | $1.2166 | $86K |
Holdings After Transaction:
Class A Common Stock — 431,073 shares (Direct)
Key Figures
Shares Purchased: 70,750 shares
Purchase Price: $1.2166 per share
Shares Held After Transaction: 431,073 shares
+1 more
4 metrics
Shares Purchased
70,750 shares
Class A Common Stock acquired on 2026-08-13 in open market purchase
Purchase Price
$1.2166 per share
Price paid for GAIA Class A Common Stock on 2026-08-13
Shares Held After Transaction
431,073 shares
Director’s direct GAIA Class A Common Stock holdings following the purchase
Net Buy Shares
70,750 shares
Net share change across all reported transactions in this filing
Key Terms
open market purchase, transaction code, Class A Common Stock
3 terms
open market purchase financial
"reported shares were acquired through an <b>open market purchase</b>, rather than an award"
An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.
transaction code financial
"correct the <b>transaction code</b> in Column 3 of Table I from "A" to "P""
Class A Common Stock financial
""security_title": "<b>Class A Common Stock</b>""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did GAIA (GAIA) report in this Form 4/A amendment?
GAIA reported that director Paul Howard Sutherland purchased 70,750 shares of Class A Common Stock on August 13, 2026. The amendment clarifies this was an open market purchase, correcting the prior classification as an award or grant.
What was corrected in GAIA (GAIA) director Sutherland’s amended Form 4?
The amendment changes the transaction code in Table I from "A" (award or grant) to "P" (purchase). This correction clarifies that the 70,750 GAIA shares were acquired through an open market purchase, with all other Form 4 information unchanged.
Does the GAIA (GAIA) Form 4/A indicate use of a Rule 10b5-1 trading plan?
The Form 4/A indicates the Rule 10b5-1 checkbox is not marked, meaning the transaction is not identified as made under a Rule 10b5-1 trading plan. The filing instead describes a straightforward open market purchase by the director.
AI-generated analysis. How Rhea-AI works. Not financial advice.