Form 4: Gaia, Inc. Director Paul Sutherland Reports Acquisition of Shares Through Restricted Stock Units
SEC Form 4 Filing
Director Paul Howard Sutherland reports acquiring 16,991 shares of Gaia, Inc. Class A Common Stock through the vesting of Restricted Stock Units.
Summary
- On May 20, 2025, Paul Howard Sutherland, a director of Gaia, Inc., acquired 16,991 shares of Class A Common Stock.
- This acquisition was a result of the vesting of Restricted Stock Units (RSUs).
- The price per share was $4.43.
- Following the transaction, Sutherland directly owns 257,282 shares of Class A Common Stock.
- The RSUs vest on the one-year anniversary of the Annual Shareholder Meeting from May 2024, contingent upon continued service as a director.
- Vested shares will be delivered within sixty days of the vesting date.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard transaction; director acquiring shares through previously granted RSUs.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director ownership.
Key Dates
| Date | Description |
|---|---|
| May 2024 | Annual Shareholder Meeting date used as reference for RSU vesting. |
| 05/20/2025 | Date of transaction: acquisition of shares through RSU vesting. |
| 05/22/2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Director, Paul Sutherland, GAIA, Inc., GAIA, Restricted Stock Units, Class A Common Stock, Vesting
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