THRIVENT FINANCIAL FOR LUTHERANS 4
Research Summary
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Gloo (GLOO) 10% Owner Thrivent Sells 25,000 Shares
What Happened Thrivent Financial for Lutherans, a reported 10% owner of Gloo Holdings, sold a total of 25,000 GLOO shares in open-market transactions between July 2 and July 7, 2026, for aggregate proceeds of about $97,760. The filing reports: 300 shares on 2026-07-02 at $4.64 each (reported value $1,393); 13,700 shares on 2026-07-06 at $4.01 each (reported value $54,970); and 11,000 shares on 2026-07-07 at $3.76 each (reported value $41,397). These were sales (S), which are generally routine dispositions rather than new purchases.
Key Details
- Transaction dates and reported prices:
- 2026-07-02: 300 shares, $4.64 (see footnote F1: actual trades ranged $4.44–$4.76)
- 2026-07-06: 13,700 shares, $4.01 (F2: range $3.89–$4.22)
- 2026-07-07: 11,000 shares, $3.76 (F3: range $3.61–$3.80)
- Total shares sold: 25,000; approximate total proceeds: $97,760.
- Shares owned after the transactions: Not specified in this Form 4.
- Notable footnotes: F1–F3 state the sales were executed in multiple transactions across the listed price ranges; Thrivent offers to provide detailed per-trade prices on request.
- Timeliness: The Form 4 was filed July 7, 2026. Because Form 4s are generally due within two business days of a reportable transaction, the July 2 and July 6 sales appear to have been reported late on this filing.
Context
- This filing reflects institutional selling by a 10% owner (Thrivent Financial for Lutherans), not an insider executive or director trade; institutional sales can reflect portfolio management rather than a company-specific view. Sales are common and less informative than purchases about insider confidence.
- The footnotes indicate multiple executions at various prices; if you need the exact per-trade breakdown, the reporting party has committed to provide that information upon request.