4/A: Gaia Inc. Director Amends Form 4 Filing to Correctly Report RSU Award
SEC Filing Amendment
Paul Howard Sutherland, a director of Gaia, Inc., filed an amendment to a previous Form 4 to correct the number of Restricted Stock Units (RSUs) awarded on May 20, 2024.
Summary
- Paul Howard Sutherland, a director of Gaia, Inc., filed an amended Form 4 with the SEC.
- The amendment corrects a previous filing from May 22, 2024, which incorrectly stated that 74,250 RSUs were granted on May 20, 2024.
- The corrected filing shows that Sutherland was actually granted 16,991 RSUs on May 20, 2024.
- These RSUs vest after one year, on May 20, 2025.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate any significant positive or negative developments for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Amendments are sometimes necessary to correct errors in initial filings.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of the RSU grant (16,991 RSUs). |
| 05/22/2024 | Date of original Form 4 filing with incorrect RSU amount. |
| 05/20/2025 | Vesting date for the 16,991 RSUs. |
| 05/23/2024 | Date of amended Form 4/A filing. |
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