Gaia (GAIA) director adds 5,486 shares in open-market purchase

Rhea-AI Filing Summary

GAIA, INC director Paul Howard Sutherland reported an open-market purchase of Class A Common Stock. On March 16, 2026, he bought 5,486 shares at $3.11 per share. Following this transaction, he directly owns 302,943 shares of Gaia stock.

Insights

Equity analyst

Gaia director made a modest open-market share purchase.

Paul Howard Sutherland, a director of GAIA, INC, bought 5,486 shares of Class A Common Stock in an open-market transaction at $3.11 per share on March 16, 2026. Open-market buys generally signal a deliberate decision to increase exposure.

After this transaction, Sutherland directly holds 302,943 shares. The filing shows no related derivative exercises or complex structures, and no footnotes indicating indirect ownership or trading plans, suggesting this is a straightforward, routine insider purchase.

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

OMB APPROVAL

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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 COLORADO 80027

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

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

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

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

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	03/16/2026		P		5,486	A	$3.11	302,943	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 5,486 shares of class A common stock

	/s/ Ned Preston Attorney-in-Fact for Paul Sutherland	03/18/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did GAIA director Paul Howard Sutherland report?

Paul Howard Sutherland reported buying 5,486 shares of GAIA Class A Common Stock. The open-market purchase was made at $3.11 per share on March 16, 2026, and increased his directly held position in the company.

At what price did GAIA director Paul Howard Sutherland buy shares?

He purchased GAIA Class A Common Stock at $3.11 per share. The transaction covered 5,486 shares in an open-market trade on March 16, 2026, as reported in the Form 4 insider filing.

How many GAIA shares does Paul Howard Sutherland own after this transaction?

After the reported transaction, Paul Howard Sutherland directly owns 302,943 shares of GAIA Class A Common Stock. This total reflects his holdings following the 5,486-share open-market purchase disclosed in the Form 4 filing.

Was the GAIA insider transaction a buy or a sell?

The GAIA insider transaction was a buy. Director Paul Howard Sutherland executed an open-market purchase of 5,486 shares of Class A Common Stock at $3.11 per share, increasing his directly held stake in the company.

What type of security did the GAIA insider purchase in the Form 4 filing?

The insider purchased GAIA Class A Common Stock. Director Paul Howard Sutherland acquired 5,486 shares in an open-market transaction at $3.11 per share, and now directly holds a total of 302,943 common shares.