Gloo Holdings (GLOO) 10% owner trims stake with 21K-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
THRIVENT FINANCIAL FOR LUTHERANS, a ten percent owner of Gloo Holdings, Inc., reported open-market sales of Class A Common Stock over three days. The investor sold a total of 21,000 shares in three transactions on June 24, 25, and 26, 2026 at prices between $4.21 and $4.5434 per share, including sales executed in multiple trades within stated price ranges. After these transactions, the reporting person directly held 4,663,000 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 21,000 shares ($91,582)
Net Sell
3 txns
Insider
THRIVENT FINANCIAL FOR LUTHERANS
Role
null
Sold
21,000 shs ($92K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 15,600 | $4.3321 | $68K |
| Sale | Class A Common Stock | 1,600 | $4.21 | $7K |
| Sale | Class A Common Stock | 3,800 | $4.5434 | $17K |
Holdings After Transaction:
Class A Common Stock — 4,663,000 shares (Direct, null)
Footnotes (1)
- These shares were sold in multiple transactions at prices ranging from $4.53 to $4.67, 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. The price reported in Column 4 is the exact price at which all shares were sold. These shares were sold in multiple transactions at prices ranging from $4.31 to $4.38, 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: 21,000 shares
June 26, 2026 sale: 15,600 shares at $4.3321/share
June 25, 2026 sale: 1,600 shares at $4.2100/share
+4 more
7 metrics
Total shares sold
21,000 shares
Aggregate open-market sales reported for June 24–26, 2026
June 26, 2026 sale
15,600 shares at $4.3321/share
Class A Common Stock open-market sale
June 25, 2026 sale
1,600 shares at $4.2100/share
Class A Common Stock open-market sale
June 24, 2026 sale
3,800 shares at $4.5434/share
Class A Common Stock open-market sale
Holdings after final sale
4,663,000 shares
Direct Class A Common Stock ownership following June 26, 2026
Price range footnote (higher)
$4.53–$4.67/share
Multiple transactions within this range for certain sales
Price range footnote (lower)
$4.31–$4.38/share
Multiple transactions within this range for certain sales
Key Terms
open-market sale, ten percent owner, Class A Common Stock, Form 4
4 terms
open-market sale financial
"Transaction code S is described as an open-market sale or private transaction."
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.
ten percent owner financial
"THRIVENT FINANCIAL FOR LUTHERANS is identified as a ten percent owner of the issuer."
Class A Common Stock financial
"Each reported transaction involves Gloo Holdings, Inc. 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.
Form 4 regulatory
"Footnotes reference additional price detail available upon request related 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.
FAQ
What did THRIVENT FINANCIAL FOR LUTHERANS report in this GLOO Form 4?
THRIVENT FINANCIAL FOR LUTHERANS reported selling Gloo Holdings Class A Common Stock in three open-market transactions. The total reported sales were 21,000 shares across June 24–26, 2026, with updated direct holdings disclosed after each trade.
What is the role of THRIVENT FINANCIAL FOR LUTHERANS in Gloo Holdings (GLOO)?
The filing identifies THRIVENT FINANCIAL FOR LUTHERANS as a ten percent owner of Gloo Holdings, Inc. It is not listed as a director or officer, but its ownership level requires reporting open-market share sales on Form 4.
Were the GLOO insider sales single trades or multiple transactions within price ranges?
Footnotes explain that some reported sales were executed in multiple transactions within specified price ranges. The reporting person undertakes to provide full information on the number of shares sold at each separate price within those ranges upon request.