Gloo Holdings insider buys 50,000 shares
Executive Chair Patrick P. Gelsinger bought 50,000 GLOO Class A shares via a family trust at a weighted-average price of $3.34 outside any Rule 10b5-1 plan.
Rhea-AI Filing Summary
Gloo Holdings, Inc. (GLOO) reported that Executive Chair and Head of Technology Patrick P. Gelsinger purchased 50,000 shares of Class A Common Stock on September 11, 2026 in an open-market transaction at a weighted-average price of $3.3375 per share, with individual purchase prices ranging from $3.08 to $3.35 per share. These shares are held indirectly through the Patrick & Linda Gelsinger Trust UAD 07/29/2017, bringing that trust’s Class A holdings to 365,499 shares beneficially owned. No Rule 10b5-1 trading plan is reported for this transaction. In addition, Patrick P. Gelsinger reports multiple holdings of Class B Common Stock that are convertible into Class A Common Stock on a 1:1 basis with no expiration date, including blocks held through several 2018 family trusts and a revocable trust, plus a directly held Class B position representing 128,205 underlying Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 50,000 shares
Net Buy
8 txns
Insider
GELSINGER PATRICK P
Role
See Remarks
Bought
50,000 shs ($167K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock F1, F2 | 50,000 | $3.3375 | $167K |
| 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 — 365,499 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 $3.08 to $3.35, 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
Shares purchased (Class A): 50,000 shares
Weighted-average purchase price: $3.3375 per share
Trade price range: $3.08–$3.35 per share
+3 more
6 metrics
Shares purchased (Class A)
50,000 shares
Open-market purchase on September 11, 2026 by Patrick P. Gelsinger
Weighted-average purchase price
$3.3375 per share
Average price for 50,000 Class A shares purchased on September 11, 2026
Trade price range
$3.08–$3.35 per share
Range of prices for individual trades in the 50,000-share purchase
Indirect Class A shares after transaction
365,499 shares
Class A shares held by the Patrick & Linda Gelsinger Trust UAD 07/29/2017
Direct Class B position (underlying Class A equivalent)
128,205 shares
Directly held Class B Common Stock convertible into 128,205 Class A shares
Largest indirect Class B block (underlying Class A)
355,934 shares
Underlying Class A shares represented by an indirect Class B holding via a revocable trust
Key Terms
Class A Common Stock, Class B Common Stock, beneficial ownership, weighted-average price, +1 more
5 terms
Class A Common Stock financial
"purchased 50,000 shares of Class A Common Stock on September 11, 2026"
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.
Class B Common Stock financial
"reports multiple holdings of Class B Common Stock that are convertible"
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
"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.
weighted-average price financial
"reflect the aggregate number and weighted-average price 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.
convertible financial
"Class B Common Stock is convertible at any time into Class A"
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 reported a purchase of 50,000 shares of Gloo Holdings Class A Common Stock on September 11, 2026 in an open-market transaction, held indirectly through the Patrick & Linda Gelsinger Trust UAD 07/29/2017.
Can GLOO Class B Common Stock be converted to Class A, and on what terms?
Yes. The filing states that 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 that it has no expiration date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
