Gloo Holdings, Inc.·4

Jul 1, 8:31 PM ET

THRIVENT FINANCIAL FOR LUTHERANS 4

Research Summary

AI-generated summary

Updated

Gloo (GLOO) 10% Owner Thrivent Financial Sells 20,000 Shares

What Happened

  • Thrivent Financial for Lutherans, reported as a 10% owner of Gloo Holdings, sold a total of 20,000 GLOO shares in open-market transactions between June 29 and July 1, 2026. The sales were: 4,000 shares at $4.51 on 2026-06-29 ($18,040); 4,000 shares at $4.55 on 2026-06-30 ($18,215); and 12,000 shares at $4.82 on 2026-07-01 ($57,824). Total proceeds ≈ $94,079. These are sales (code S) — routine dispositions rather than purchases.

Key Details

  • Transaction dates and reported prices:
    • 2026-06-29: 4,000 shares @ $4.51 — $18,040 (Footnote F1: exact price)
    • 2026-06-30: 4,000 shares @ $4.55 — $18,215 (Footnote F2: sold in multiple transactions at prices ranging $4.55–$4.70; further breakdown available on request)
    • 2026-07-01: 12,000 shares @ $4.82 — $57,824 (Footnote F3: sold in multiple transactions at prices ranging $4.60–$4.91; further breakdown available on request)
  • Shares owned after the transactions: not specified in the filing.
  • Filing date: 2026-07-01 (Form filed with SEC accession 0000929638-26-002485); transactions occurred 2026-06-29 to 2026-07-01 — filing appears to be timely.
  • Insider status: Thrivent is a 10% institutional owner, not an individual officer/director; institutional sales can reflect portfolio rebalancing rather than insider sentiment.

Context

  • These are outright open-market sales (S) by a large institutional holder. For retail investors, purchases are generally considered stronger signals than sales; institutional disposals can be for many reasons (rebalancing, liquidity needs, etc.). No option exercises, awards, or gifts are involved here. Footnotes F2 and F3 indicate portions of some lots were sold in multiple trades at prices within stated ranges; Thrivent offered to provide a detailed per-price breakdown on request.