Thrivent trims Gloo Holdings (GLOO) stake with 20,000-share open-market sale
Rhea-AI Filing Summary
THRIVENT FINANCIAL FOR LUTHERANS, a ten percent owner of Gloo Holdings, Inc., reported open-market sales of a total of 20,000 shares of Class A Common Stock over three days. The shares were sold at prices between $4.51 and $4.82 per share.
After these transactions, the reporting person directly holds 4,643,000 shares of Class A Common Stock. The filing characterizes each transaction as a sale in the open market or a private transaction.
Positive
- None.
Negative
- None.
Insights
Large holder trims 20,000 Gloo shares, retains sizable stake.
THRIVENT FINANCIAL FOR LUTHERANS reported three open-market sales totaling 20,000 Gloo Holdings Class A shares at prices around $4.51–$4.82. These are straightforward code S transactions, classified as open-market or private sales, without derivative exercises or tax events.
Following the sales, the holder still owns 4,643,000 shares directly, indicating a substantial continuing position. With no derivatives listed in the filing and no mention of trading plans or special arrangements in the footnotes, these appear as routine portfolio-level sales by a significant shareholder.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 12,000 | $4.8187 | $58K |
| Sale | Class A Common Stock | 4,000 | $4.5538 | $18K |
| Sale | Class A Common Stock | 4,000 | $4.51 | $18K |
Footnotes (1)
- 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 $4.55 to $4.70, 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 $4.60 to $4.91, 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.