secwatch.observer — SEC 8-K summary
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Issuer:     GAIA, INC (GAIA)
CIK:        0001089872
Form:       8-K
Filed at:   2023-06-26T23:59:59+00:00
Accession:  0000950170-23-029880
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gaia appoints new COO, President, CFO; CEO forecasts Q2 revenue growth and cash flow
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- James Colquhoun appointed COO (eff. June 26); base $400K, bonus up to 100%, 162,001 RSUs vesting 2028.
- Kiersten Medvedich promoted to President; Ned Preston appointed CFO, replacing Paul Tarell (resigned).
- Preston gets base $375K, bonus up to 100%, 152,439 RSUs (50% vest 2026, 50% vest 2028).
- CEO Jirka Rysavy expects Q2 moderate sequential revenue/member growth and return to cash flow generation.
- Paul Tarell remains employee until Aug 1, 2023 for transition; Colquhoun resigns from audit committee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1089872/000095017023029880/0000950170-23-029880-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1089872/000095017023029880/gaia-20230622.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-029880

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer