Gloo Holdings (GLOO) sees 35K-share sale by 10% holder Thrivent
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gloo Holdings, Inc. reported that major shareholder Thrivent Financial for Lutherans, a more than ten percent owner, sold a total of 35,000 shares of Class A common stock in open-market transactions. The sales occurred on June 18, 22, and 23 at reported average prices of $4.7041, $4.7315, and $4.59 per share, with footnotes noting that each trade was executed in multiple transactions within narrow price ranges. After these sales, Thrivent directly holds about 4,684,000 Class A shares, indicating it retains a substantial position in Gloo Holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 35,000 shares ($161,477)
Net Sell
3 txns
Insider
THRIVENT FINANCIAL FOR LUTHERANS
Role
null
Sold
35,000 shs ($161K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 27,859 | $4.59 | $128K |
| Sale | Class A Common Stock | 430 | $4.7315 | $2K |
| Sale | Class A Common Stock | 6,711 | $4.7041 | $32K |
Holdings After Transaction:
Class A Common Stock — 4,684,000 shares (Direct, null)
Footnotes (1)
- These shares were sold in multiple transactions at prices ranging from $4.69 to $4.74, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. These shares were sold in multiple transactions at prices ranging from $4.70 to $4.81, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. These shares were sold in multiple transactions at prices ranging from $4.53 to $4.73, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
Key Figures
Total shares sold: 35,000 shares
June 23 sale: 27,859 shares at $4.59/share
June 22 sale: 430 shares at $4.7315/share
+5 more
8 metrics
Total shares sold
35,000 shares
Aggregate open-market sales in June
June 23 sale
27,859 shares at $4.59/share
Class A Common Stock, open-market sale
June 22 sale
430 shares at $4.7315/share
Class A Common Stock, open-market sale
June 18 sale
6,711 shares at $4.7041/share
Class A Common Stock, open-market sale
Holdings after June 23
4,684,000 shares
Directly owned Class A Common Stock post-transaction
Price range footnote F1
$4.69–$4.74
Multiple transactions within this range
Price range footnote F2
$4.70–$4.81
Multiple transactions within this range
Price range footnote F3
$4.53–$4.73
Multiple transactions within this range
Key Terms
Form 4, open-market sale, Class A Common Stock, ten percent owner, +1 more
5 terms
Form 4 regulatory
"within the ranges set forth in this footnote to this Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
ten percent owner regulatory
"is_ten_percent_owner": 1"
non-derivative financial
"transaction_type": "non-derivative""