THRIVENT FINANCIAL FOR LUTHERANS 4
4 · Gloo Holdings, Inc. · Filed Jul 20, 2026
Research Summary
AI-generated summary of this filing
Gloo (GLOO) 10% Owner Thrivent Financial Sells 17,000 Shares
What Happened
Thrivent Financial for Lutherans, listed as a 10% beneficial owner of Gloo Holdings, sold a total of 17,000 GLOO shares in open-market transactions between July 16 and July 20, 2026. The filing reports: 5,000 shares on 2026-07-16 at $3.26 ($16,298), 5,000 shares on 2026-07-17 at $3.28 ($16,407), and 7,000 shares on 2026-07-20 at $3.44 ($24,080), for aggregate proceeds of about $56,785. These are sales (routine disposition) rather than purchases.
Key Details
- Transaction dates and reported prices:
- 2026-07-16 — 5,000 shares @ $3.26 = $16,298
- 2026-07-17 — 5,000 shares @ $3.28 = $16,407
- 2026-07-20 — 7,000 shares @ $3.44 = $24,080
- Filing footnotes indicate the shares were sold in multiple transactions at price ranges:
- F1: $3.24–$3.28
- F2: $3.25–$3.34
- F3: $3.40–$3.51 The reporting person offered to provide a detailed breakdown on request.
- Shares owned after the transactions: Not disclosed in this Form 4.
- Filing timeliness: Form filed 2026-07-20 for trades beginning 2026-07-16; this appears later than the typical 2-business-day Form 4 deadline for Section 16 filers.
Context
This filing reflects institutional selling by a 10% beneficial owner (not an executive). Institutional sales can reflect portfolio rebalancing or other fund-level actions and do not necessarily indicate company-specific insider sentiment. Sales are generally less informative than purchases for predicting insider confidence.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-07-16$3.26/sh−5,000$16,298→ 4,265,000 total - Sale
Class A Common Stock
[F2]2026-07-17$3.28/sh−5,000$16,407→ 4,260,000 total - Sale
Class A Common Stock
[F3]2026-07-20$3.44/sh−7,000$24,080→ 4,253,000 total
Footnotes (3)
- [F1]These shares were sold in multiple transactions at prices ranging from $3.24 to $3.28, 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 $3.25 to $3.34, 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 $3.40 to $3.51, 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.