Gloo CEO buys 6,500 Class A shares
Gloo Holdings, Inc. President and CEO Scott Arthur Beck reported indirect open-market purchases totaling 6,500 shares of Class A Common Stock at prices around $8.00 per share.
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Form Type
4
Rhea-AI Filing Summary
Gloo Holdings, Inc. President and CEO Scott Arthur Beck reported indirect open-market purchases totaling 6,500 shares of Class A Common Stock at prices around $8.00 per share. The shares are held through Pearl Street Trust, for which Beck and his spouse serve as trustees and may be deemed to share beneficial ownership. Following these trades, indirect holdings of Class A Common Stock reported in this filing increased to 446,386 shares. The filing also lists substantial holdings of Class B Common Stock that are convertible into Class A Common Stock on a 1:1 basis with no expiration date.
Insider Trade Summary
Net Buyer: 6,500 shares
Net Buy
7 txns
Insider
Beck Scott Arthur
Role
President and CEO
Bought
6,500 shs ($52K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 2,800 | $7.98 | $22K |
| Purchase | Class A Common Stock | 3,700 | $7.97 | $29K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 446,386 shares (Indirect, See footnote);
Class B Common Stock — 31,451,431 contracts (Indirect, See footnote);
Class B Common Stock — 1,166,666 contracts (Direct)
Footnotes (7)
- F1. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares purchased. These shares were purchased in multiple transactions at prices ranging from $7.81 to $8.00, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
- F2. Shares held of record by Pearl Street Trust. Scott Beck and his spouse are trustees of Pearl Street Trust and may be deemed to have beneficial ownership of such shares.
- F3. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares purchased. These shares were purchased in multiple transactions at prices ranging from $7.95 to $8.00, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
- F4. The Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a 1:1 basis and has no expiration date.
- F5. Shares held of record by The Theresa Beck 2020 Irrevocable Trust dated May 30, 2020. Mr. Beck is the trustee of The Theresa Beck 2020 Irrevocable Trust dated May 30, 2020 and may be deemed to have beneficial ownership of such shares.
- F6. Shares held of record by The Scott A. Beck 2025 Irrevocable Trust. Mr. Beck is the trustee of The Scott A. Beck 2025 Irrevocable Trust and may be deemed to have beneficial ownership of such shares.
- F7. Shares of held of record by Bowanabee Foundation. Mr. Beck is a director of Bowanabee Foundation and may be deemed to have beneficial ownership of such shares.
Key Figures
Open-market purchase 1: 2,800 shares at $7.98/share
Open-market purchase 2: 3,700 shares at $7.97/share
Total shares bought: 6,500 Class A shares
+4 more
7 metrics
Open-market purchase 1
2,800 shares at $7.98/share
Class A Common Stock bought indirectly on 2026-04-20
Open-market purchase 2
3,700 shares at $7.97/share
Class A Common Stock bought indirectly on 2026-04-17
Total shares bought
6,500 Class A shares
Net open-market purchases in this Form 4
Indirect Class A holdings
446,386 shares
Class A Common Stock indirectly held after 2026-04-20
Direct Class B position
1,166,666 underlying shares
Class B convertible into Class A on 1:1 basis, direct
Largest indirect Class B block
29,029,209 underlying shares
Class B convertible into Class A on 1:1 basis, indirect
Conversion price
$0.00 exercise price
Class B to Class A conversion feature with no expiration
Key Terms
open-market purchase, Class B Common Stock, beneficial ownership, weighted-average price, +1 more
5 terms
open-market purchase financial
"transaction_action is described as "open-market purchase" for Class A trades"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Class B Common Stock financial
"Several holding entries list "Class B Common Stock" with underlying Class A shares"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
beneficial ownership financial
"Footnotes state Beck "may be deemed to have beneficial ownership" of trust-held shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
weighted-average price financial
"Footnotes explain Column 4 shows the "weighted-average price" across multiple trades"
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.
convertible at any time financial
"Footnote notes Class B is "convertible at any time" into Class A on a 1:1 basis"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did GLOO’s CEO report in this Form 4?
Gloo Holdings CEO Scott Arthur Beck reported indirect open-market purchases of 6,500 Class A Common shares. These trades were executed around $8 per share and increased reported indirect Class A holdings to 446,386 shares, according to the filing’s transaction details and post-transaction ownership figures.
At what prices did the GLOO insider buy Class A Common Stock?
The filing shows weighted-average prices near $7.98 and $7.97 per share. Footnotes explain these represent multiple trades in ranges of $7.81–$8.00 and $7.95–$8.00, with full price-by-trade details available on request from the issuer, security holders, or SEC staff.
What does the Class B to Class A conversion feature mean for GLOO?
The filing states Class B Common Stock is convertible into Class A Common Stock on a 1:1 basis with no expiration. This means each Class B share can be exchanged for one Class A share at the holder’s election, potentially impacting future Class A share count if conversions occur.
How large are the GLOO CEO’s Class B positions referenced in the Form 4?
The derivative summary lists several Class B Common Stock positions tied to underlying Class A shares, including blocks of 1,166,666, 1,833,333 and 29,029,209 underlying shares. These positions are held directly or indirectly through trusts and a foundation, with Beck potentially deemed a beneficial owner.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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