Gloo Holdings chair buys 25,000 shares at $3.45
Rhea-AI Filing Summary
Gloo Holdings, Inc. (GLOO) reported that Executive Chair and Head of Technology Patrick P. Gelsinger purchased 25,000 shares of Class A Common Stock on September 14, 2026 at a weighted-average price of $3.4493 per share in open-market transactions at prices ranging from $3.41 to $3.50. These shares are held indirectly through the Patrick & Linda Gelsinger Trust, which now holds 390,499 Class A shares. Mr. Gelsinger also reports direct and indirect holdings of Class B Common Stock that are convertible into multiple blocks of Class A Common Stock, including 128,205 underlying Class A shares held directly and additional amounts held through several family trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 25,000 shares
Net Buy
8 txns
Insider
GELSINGER PATRICK P
Role
See Remarks
Bought
25,000 shs ($86K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock F1, F2 | 25,000 | $3.4493 | $86K |
| holding | Class B Common Stock F3, F4 | -- | -- | -- |
| holding | Class B Common Stock F3, F5 | -- | -- | -- |
| holding | Class B Common Stock F3, F6 | -- | -- | -- |
| holding | Class B Common Stock F3, F7 | -- | -- | -- |
| holding | Class B Common Stock F3, F8 | -- | -- | -- |
| holding | Class B Common Stock F3, F2 | -- | -- | -- |
| holding | Class B Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 390,499 shares (Indirect, See footnote);
Class B Common Stock — 739,586 contracts (Indirect, See footnote);
Class B Common Stock — 128,205 contracts (Direct)
Footnotes (8)
- 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 $3.41 to $3.50, 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 the Patrick & Linda Gelsinger Trust UAD 07/29/2017. Mr. Gelsinger is the trustee of the Patrick & Linda Gelsinger Trust UAD 07/29/2017 and may be deemed to have beneficial ownership of such shares.
- F3. 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.
- F4. Shares held of record by the Nathan Paul Gelsinger 2018 Trust for the benefit of members of the reporting person's immediate family. The reporting person is sole trustee of such trust.
- F5. Shares held of record by the Elizabeth Marie Lee 2018 Trust for the benefit of members of the reporting person's immediate family. The reporting person is sole trustee of such trust.
- F6. Shares held of record by the Micah Daniel Gelsinger 2018 Trust for the benefit of members of the reporting person's immediate family. The reporting person is sole trustee of such trust.
- F7. Shares held of record by the Josiah Patrick Gelsinger 2018 Trust for the benefit of members of the reporting person's immediate family. The reporting person is sole trustee of such trust.
- F8. Shares held of record by Patrick P. Gelsinger Revocable Trust (UAD 11/7/2000). Mr. Gelsinger is the trustee of Patrick P. Gelsinger Revocable Trust (UAD 11/7/2000) and may be deemed to have beneficial ownership of such shares.
Key Figures
Class A shares purchased: 25,000 shares
Weighted-average purchase price: $3.4493 per share
Purchase price range: $3.41–$3.50 per share
+3 more
6 metrics
Class A shares purchased
25,000 shares
Open-market purchase on September 14, 2026 by Patrick P. Gelsinger
Weighted-average purchase price
$3.4493 per share
Aggregate weighted-average price for the 25,000 Class A shares bought on September 14, 2026
Purchase price range
$3.41–$3.50 per share
Range of prices for the multiple transactions comprising the 25,000 Class A share purchase
Class A shares held by Patrick & Linda Gelsinger Trust
390,499 shares
Indirect Class A holdings after the reported purchase, with Patrick P. Gelsinger as trustee
Direct Class B holding (underlying Class A)
128,205 shares
Class B Common Stock held directly, convertible into 128,205 Class A shares on a one-for-one basis
Largest indirect Class B block (underlying Class A)
355,934 shares
Class B Common Stock held indirectly through a trust, convertible into 355,934 Class A shares
Key Terms
weighted-average price, beneficial ownership, Class B Common Stock, convertible
4 terms
weighted-average price financial
"The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares purchased."
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.
beneficial ownership financial
"Mr. Gelsinger is the trustee ... and may be deemed to have beneficial ownership of such 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.
Class B Common Stock financial
"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."
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.
convertible financial
"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."
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GLOO report for Patrick P. Gelsinger?
Patrick P. Gelsinger purchased 25,000 Class A shares of Gloo Holdings, Inc. on September 14, 2026. The shares were bought in open-market transactions and are held indirectly through the Patrick & Linda Gelsinger Trust.
Does this GLOO insider trade involve a Rule 10b5-1 trading plan?
No. The filing indicates that the reported purchase was not made pursuant to a Rule 10b5-1 trading plan, meaning it was not executed under a pre-arranged trading program as described in the form.
AI-generated analysis. How Rhea-AI works. Not financial advice.
