Gloo Holdings, Inc.·4

Jul 15, 9:07 PM ET

THRIVENT FINANCIAL FOR LUTHERANS 4

Research Summary

AI-generated summary

Updated

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.