Gloo Holdings (GLOO) director Patrick Gelsinger adds 153,846 shares via trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gloo Holdings, Inc. director and officer Patrick P. Gelsinger reported an indirect purchase of 153,846 shares of Class A common stock at $3.25 per share through the Patrick & Linda Gelsinger Trust in a firm commitment underwritten public offering that closed on July 10, 2026. Following this purchase, that trust holds 315,499 Class A shares, and Mr. Gelsinger also has direct and indirect positions in Class B Common Stock that is convertible into Class A on a 1:1 basis with no expiration date.
Positive
- None.
Negative
- None.
Insights
Patrick Gelsinger added exposure via a trust’s participation in Gloo’s July 2026 equity offering.
Patrick P. Gelsinger, a director and officer of Gloo Holdings, Inc., reported an indirect purchase of 153,846 shares of Class A common stock at $3.25 per share. The buyer was the Patrick & Linda Gelsinger Trust UAD 07/29/2017, which participated in a firm commitment underwritten public offering that closed on July 10, 2026.
After this transaction, the trust holds 315,499 Class A shares, and Mr. Gelsinger may be deemed to have beneficial ownership as trustee. Separate entries show direct and family-trust holdings of Class B Common Stock that is convertible into Class A on a 1:1 basis with no expiration date, indicating additional potential equity exposure beyond the newly purchased shares.
Insider Trade Summary
Net Buyer: 153,846 shares ($500,000)
Net Buy
8 txns
Insider
GELSINGER PATRICK P
Role
See Remarks
Bought
153,846 shs ($500K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 153,846 | $3.25 | $500K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 315,499 shares (Indirect, See footnote);
Class B Common Stock — 55,976 shares (Indirect, See footnote);
Class B Common Stock — 128,205 shares (Direct, null)
Footnotes (1)
- On July 8, 2026, Gloo Holdings, Inc. (the "Issuer") entered into an underwriting agreement in connection with a firm commitment underwritten public offering (the "Offering"), which closed on July 10, 2026. The Patrick & Linda Gelsinger Trust UAD 07/29/2017 purchased 153,846 shares of the Issuer's Class A common stock in the Offering at the public offering price of $3.25 per share. 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. 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. 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. 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. 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. 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. 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: 153,846 shares
Purchase price: $3.25 per share
Trust Class A holdings after purchase: 315,499 shares
+3 more
6 metrics
Shares purchased
153,846 shares
Class A common stock purchased indirectly by Patrick & Linda Gelsinger Trust at public offering price
Purchase price
$3.25 per share
Public offering price paid by Patrick & Linda Gelsinger Trust for Class A shares
Trust Class A holdings after purchase
315,499 shares
Total Class A common shares held by Patrick & Linda Gelsinger Trust following the reported transaction
Direct Class B underlying shares
128,205 shares
Underlying Class A shares from Class B Common Stock held directly by Patrick P. Gelsinger
Largest indirect Class B position
355,934 shares
Underlying Class A shares from an indirect Class B Common Stock position held for family benefit
Class B conversion ratio
1:1
Each share of Class B Common Stock is convertible into one share of Class A Common Stock at any time
Key Terms
firm commitment underwritten public offering, beneficial ownership, Class B Common Stock, convertible, +1 more
5 terms
firm commitment underwritten public offering financial
"entered into an underwriting agreement in connection with a firm commitment underwritten public offering"
A firm commitment underwritten public offering is when an investment bank agrees to buy all new shares from a company at an agreed price and then resell them to investors, taking on the risk that it must sell the stock. Think of it like a retailer buying a full shipment up front so the seller is guaranteed cash. For investors, it guarantees the company will raise a specific amount but can dilute existing shareholders and affect market price depending on how the resale goes.
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.
Class B Common Stock financial
"The Class B Common Stock is convertible at any time, at the holder's election"
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
"is convertible at any time, at the holder's election, into Class A Common Stock"
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.
trustee financial
"The reporting person is sole trustee of such trust"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
What did Patrick P. Gelsinger report in his Form 4 for GLOO?
Patrick P. Gelsinger reported an indirect purchase of 153,846 Class A shares of Gloo Holdings, Inc. at $3.25 per share through the Patrick & Linda Gelsinger Trust in a firm commitment underwritten public offering.
What is the relationship between GLOO Class B and Class A Common Stock for Patrick Gelsinger’s holdings?
The reported Class B Common Stock is convertible into Class A on a 1:1 basis with no expiration date. Several direct and indirect Class B positions therefore represent additional potential Class A shares under Patrick P. Gelsinger’s beneficial ownership.