THRIVENT FINANCIAL FOR LUTHERANS 4
4 · Gloo Holdings, Inc. · Filed Jul 15, 2026
Research Summary
AI-generated summary of this filing
Gloo Holdings (GLOO) 10% Owner Thrivent Sells Shares
What Happened
Thrivent Financial for Lutherans, reported as a 10% beneficial owner of Gloo Holdings, sold a total of 190,000 shares in three open-market transactions between July 13 and July 15, 2026. The individual transactions reported were: 119,000 shares on 2026-07-13 at an average price reported as $3.27 (proceeds $388,714), 62,000 shares on 2026-07-14 at $3.48 (proceeds $215,562), and 9,000 shares on 2026-07-15 at $3.40 (proceeds $30,563). Total proceeds across the three days were approximately $634,839. These were sales (S), not purchases.
Key Details
- Transaction dates and reported amounts:
- Jul 13, 2026 — 119,000 shares; reported price $3.27; proceeds ~$388,714 (footnote F1 indicates multiple trades at $3.050–$3.430).
- Jul 14, 2026 — 62,000 shares; reported price $3.48; proceeds ~$215,562 (footnote F2: trades at $3.330–$3.620).
- Jul 15, 2026 — 9,000 shares; reported price $3.40; proceeds ~$30,563 (footnote F3: trades at $3.355–$3.620).
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Footnotes: each sale was executed in multiple transactions; the filing offers to provide exact per-trade breakdowns on request (ranges shown above).
- Filing: reported on Form 4 filed July 15, 2026 — appears to be filed within the normal two-business-day window for insider reports.
Context
Thrivent is an institutional 10% owner, not an individual officer or director; institutional sales are often portfolio-management moves rather than signals about company fundamentals. These were open-market disposals (routine sales), so retail investors should treat them as factual reporting of exits rather than a direct indicator of company outlook.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-07-13$3.27/sh−119,000$388,714→ 4,341,000 total - Sale
Class A Common Stock
[F2]2026-07-14$3.48/sh−62,000$215,562→ 4,279,000 total - Sale
Class A Common Stock
[F3]2026-07-15$3.40/sh−9,000$30,563→ 4,270,000 total
Footnotes (3)
- [F1]These shares were sold in multiple transactions at prices ranging from $3.050 to $3.430, 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.
- [F2]These shares were sold in multiple transactions at prices ranging from $3.330 to $3.620, 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.
- [F3]These shares were sold in multiple transactions at prices ranging from $3.355 to $3.620, 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.