Director Paul Howard Sutherland increases GAIA (GAIA) stake with open-market share purchase

Rhea-AI Filing Summary

GAIA, INC director Paul Howard Sutherland increased his stake with an open-market purchase of 10,250 shares of Class A Common Stock at an average price of $3.0847 per share. After this transaction, he directly owns 295,457 shares, indicating a modest but clear addition to his personal investment.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sutherland Paul Howard

(Last) (First) (Middle)

833 W. SOUTH BOULDER ROAD

(Street)

LOUISVILLE CO 80027

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GAIA, INC [ GAIA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/10/2026		P		10,250	A	$3.0847	295,457	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Purchase of 10,250 shares of class A common stock

	/s/ Ned Preston Attorney-in-Fact for Paul Sutherland	03/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did GAIA (GAIA) report for Paul Howard Sutherland?

GAIA reported that director Paul Howard Sutherland made an open-market purchase of 10,250 shares of Class A Common Stock. This transaction reflects a direct increase in his personal holdings rather than a sale or derivative-related activity.

How many GAIA (GAIA) shares did Paul Howard Sutherland buy and at what price?

Paul Howard Sutherland bought 10,250 shares of GAIA Class A Common Stock at an average price of $3.0847 per share. The purchase was classified as an open-market transaction under code P in the insider reporting framework.

What are Paul Howard Sutherland’s total GAIA (GAIA) holdings after this Form 4 transaction?

Following the reported purchase, Paul Howard Sutherland directly holds 295,457 shares of GAIA Class A Common Stock. This total reflects his position after adding 10,250 shares through the open-market transaction disclosed in the Form 4 filing.

Was the GAIA (GAIA) insider transaction a purchase or a sale?

The GAIA insider transaction was a purchase. Director Paul Howard Sutherland executed an open-market buy of 10,250 Class A Common shares, classified under transaction code P, which indicates a purchase rather than a sale or other type of disposition.

Does the GAIA (GAIA) Form 4 involve any derivative securities or option exercises?

The Form 4 for GAIA reports only a non-derivative transaction in Class A Common Stock. There are no derivative transactions, option exercises, or conversions disclosed, and the derivative summary section in the structured data is empty for this filing.

Is Paul Howard Sutherland’s GAIA (GAIA) ownership direct or through another entity?

Paul Howard Sutherland’s reported GAIA holdings in this Form 4 are classified as direct ownership. The transaction’s ownership code is D, and there is no footnote indicating that the shares are held through a separate trust, partnership, or other entity.