Gloo (GLOO) CEO Scott Beck adds 27,386 shares, holds large Class B stake
Rhea-AI Filing Summary
Gloo Holdings, Inc. President and CEO Scott Arthur Beck, a more than ten percent owner, reported an indirect open-market purchase of 27,386 shares of Class A Common Stock on April 16, 2026 at a weighted-average price of $7.23 per share, with individual trades ranging from $6.55 to $7.25. The shares were acquired by Pearl Street Trust, where Beck and his spouse serve as trustees and may be deemed to have beneficial ownership. Following this transaction, indirect holdings of Class A shares reported in this line increased to 439,886 shares. The filing also lists substantial positions in Class B Common Stock, which is convertible into Class A on a 1:1 basis with no expiration date, held both directly and through several trusts and a foundation associated with Beck.
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Insights
CEO Scott Beck made a modest net open-market share purchase while retaining large convertible holdings.
Scott Beck, President, CEO and a more than ten percent owner of Gloo Holdings, Inc., reported an indirect open-market purchase of 27,386 Class A shares at a weighted-average price of $7.23. The purchase was executed through Pearl Street Trust, where he and his spouse are trustees and may be deemed to have beneficial ownership.
After the transaction, this indirect Class A position rose to 439,886 shares, while Beck continues to have large exposure through Class B Common Stock. The filing shows multiple Class B blocks convertible into Class A on a 1:1 basis at an exercise price of $0.00, with underlying shares including 29,029,209 indirect and 1,166,666 direct.
The overall picture is a net-buy Form 4 with one open-market purchase and no reported sales. Combined with the sizeable convertible Class B holdings that have no expiration date, the filing indicates that Beck maintains a significant long-term economic stake, though the incremental purchase itself is modest relative to his total reported exposure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 27,386 | $7.23 | $198K |
| 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 | -- | -- | -- |
Footnotes (1)
- 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 $6.55 to $7.25, 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. Shares held of record by Pearl Street Trust. Scott Beck and his spouse are trustees of Pearl Street Trust 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. Includes 269,459 shares received as a liquidating distribution from Gloo Enterprises, LLC. In prior reports, the reporting person reported beneficial ownership of 384,615 shares of the Issuer's Class B Common Stock held by Gloo Enterprises, LLC. Shares held of record by The Theresa Beck 2020 Irrevocable Trust dated May 30, 2020. Mr. Beck is the trustee of The Theresa Beck 2020 Irrevocable Trust dated May 30, 2020 and may be deemed to have beneficial ownership of such shares. Shares held of record by The Scott A. Beck 2025 Irrevocable Trust. Mr. Beck is the trustee of The Scott A. Beck 2025 Irrevocable Trust and may be deemed to have beneficial ownership of such shares. Shares of held of record by Bowanabee Foundation. Mr. Beck is a director of Bowanabee Foundation and may be deemed to have beneficial ownership of such shares.