Gloo (GLOO) 10% Holder Thrivent Sells 7,000 Shares

What Happened
Thrivent Financial for Lutherans, a reported 10% beneficial owner of Gloo Holdings, sold a total of 7,000 GLOO shares in open-market/private transactions from Sept 2–4, 2026. Reported trades: 500 shares on 2026-09-02 at $3.12 ($1,561); 1,000 shares on 2026-09-03 at $3.06 ($3,065); and 5,500 shares on 2026-09-04 at $3.09 ($16,975). These were outright sales (dispositions), not purchases or option exercises.

Key Details

• Transaction dates & reported prices:
  • 2026-09-02: 500 sh @ $3.12 (footnote F1: prices in this block ranged $3.06–$3.13)
  • 2026-09-03: 1,000 sh @ $3.06 (footnote F2: prices in this block ranged $3.06–$3.16)
  • 2026-09-04: 5,500 sh @ $3.09 (footnote F3: prices in this block ranged $3.07–$3.095)
• Total sold: 7,000 shares for aggregate proceeds of ~$21,601.
• Shares owned after transaction: not disclosed in the information provided.
• Footnotes: Each sale line includes a price range (F1–F3); Thrivent offers to provide a per-price breakdown on request to the issuer, shareholders or SEC staff.
• Filing timeliness: Form filed 2026-09-04; no late-filing flag indicated in the supplied data.

Context
Thrivent is an institutional 10% owner, so these sales likely reflect portfolio or institutional rebalancing rather than an executive-level insider signal. Sales are routine and do not necessarily imply negative company prospects; purchases typically provide stronger bullish signals. No option exercises, gifts, or tax-withholding transactions were reported in this filing.