Insider Buying and Selling - GAIAX

Transaction	Filed	Name	Type	Shares @ Price	Value	Balance change		Ownership
12/17/2024	12/18/2024	Gladstone David Chief Executive Officer CEO 10% owner Other owner	Buy	500,000 @ $10.00	$5,000,000.00	990,000	(102.04%)	Indirect - by The Gladstone Companies, Inc.
12/12/2024	12/13/2024	Dellafiora John Chief Compliance Officer Officer	Buy	300 @ $10.00	$3,000.00	300	(100.00%)	Direct
12/12/2024	12/13/2024	Gladstone David Chief Executive Officer CEO 10% owner Other owner	Buy	250,000 @ $10.00	$2,500,000.00	490,000	(104.17%)	Indirect - by The Gladstone Companies, Inc.
12/09/2024	12/10/2024	Gladstone David Chief Executive Officer CEO 10% owner Other owner	Buy	250,000 @ $10.00	$2,500,000.00	10,000	(-104.17%)	Indirect - by The Gladstone Companies, Inc.
12/09/2024	12/10/2024	Licalsi Michael General Counsel and Secretary Officer	Buy	1,500 @ $10.00	$15,000.00	1,500	(100.00%)	Direct
12/09/2024	12/10/2024	Malesardi Michael J Chief Financial Officer CFO	Buy	1,000 @ $10.00	$10,000.00	1,000	(100.00%)	Direct
12/09/2024	12/10/2024	Sateri John President Officer	Buy	10,000 @ $10.00	$100,000.00	10,000	(100.00%)	Direct
12/09/2024	12/10/2024	Smith Jennifer A Chief Valuation Officer Officer	Buy	300 @ $10.00	$3,000.00	300	(100.00%)	Direct

Gladstone Alternative Income Fund - GAIAX