Thrivent Financial trims Gloo Holdings (GLOO) stake with 25,000-share open-market sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gloo Holdings, Inc. insider filing shows that Thrivent Financial for Lutherans, a more than ten percent owner, sold a total of 25,000 shares of Class A Common Stock in three open-market transactions. Sales occurred on July 2, 6, and 7, 2026 at per-share prices reported around the mid-$3 to mid-$4 range.
After these sales, Thrivent directly held 4,618,000 Class A shares. Footnotes state the trades were executed in multiple smaller transactions within price ranges from $3.61 to $4.76, and detailed breakdowns are available on request from the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 25,000 shares ($97,760)
Net Sell
3 txns
Insider
THRIVENT FINANCIAL FOR LUTHERANS
Role
null
Sold
25,000 shs ($98K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 11,000 | $3.7634 | $41K |
| Sale | Class A Common Stock | 13,700 | $4.0124 | $55K |
| Sale | Class A Common Stock | 300 | $4.6427 | $1K |
Holdings After Transaction:
Class A Common Stock — 4,618,000 shares (Direct, null)
Footnotes (1)
- These shares were sold in multiple transactions at prices ranging from $4.44 to $4.76, 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 $3.89 to $4.22, 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 $3.61 to $3.80, 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: 25,000 shares
Shares sold on July 7, 2026: 11,000 shares
Shares sold on July 6, 2026: 13,700 shares
+4 more
7 metrics
Total shares sold
25,000 shares
Aggregate open-market sales reported in this Form 4
Shares sold on July 7, 2026
11,000 shares
Class A Common Stock, open-market sale at $3.7634 per share
Shares sold on July 6, 2026
13,700 shares
Class A Common Stock, open-market sale at $4.0124 per share
Shares sold on July 2, 2026
300 shares
Class A Common Stock, open-market sale at $4.6427 per share
Post-transaction holdings
4,618,000 shares
Class A Common Stock held directly after final reported sale
Price range in footnotes
$3.61–$4.76 per share
Ranges for multiple transactions referenced in Form 4 footnotes
Number of sale transactions
3 transactions
Non-derivative open-market sales of Class A Common Stock
Key Terms
Form 4, open-market sale, non-derivative, ten percent owner, +1 more
5 terms
Form 4 regulatory
"footnote 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.
open-market sale financial
"transaction_action": "open-market sale""
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.
non-derivative financial
""transaction_type": "non-derivative""
ten percent owner regulatory
""is_ten_percent_owner": 1"
Class A Common Stock financial
""security_title": "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.
FAQ
What insider activity did Gloo Holdings (GLOO) report in this Form 4?
Gloo Holdings reported that Thrivent Financial for Lutherans, a more than ten percent owner, sold 25,000 shares of Class A Common Stock in three open-market transactions, leaving it with 4,618,000 shares held directly after the reported sales.
What type of transactions are reported in this GLOO Form 4 filing?
All three transactions are coded as “S,” which the filing describes as open-market or private sale transactions. They involve non-derivative Class A Common Stock, with no accompanying option exercises or derivative security activity reported in this particular Form 4.
Who is the reporting person in the Gloo Holdings (GLOO) Form 4 and what is their status?
The reporting person is Thrivent Financial for Lutherans. In the filing, it is not listed as a director or officer but is identified as a more than ten percent owner of Gloo Holdings, indicating a significant shareholder position in the company’s Class A Common Stock.