Gloo (GLOO) Executive Chair Patrick Gelsinger Buys 50,000 Shares

What Happened
Patrick P. Gelsinger, Executive Chair and Head of Technology at Gloo Holdings, purchased 50,000 shares reported on Sep 11, 2026. The filing shows an aggregate value of $166,875 with a weighted‑average price of $3.34 per share; the shares were bought in multiple transactions at prices ranging from $3.08 to $3.35. This was a purchase (reported with code "P"), which is a direct acquisition of stock rather than a sale or option exercise.

Key Details

• Transaction date: 2026-09-11.
• Aggregate reported: 50,000 shares at a weighted‑average price of $3.34; total reported value $166,875.
• Price range (per footnote): purchases occurred at prices from $3.08 to $3.35.
• Shares owned after the transaction: not specified in this Form 4.
• Notable footnotes: F1 documents the multiple purchase prices and offers to provide per‑trade details on request; F2–F8 note various trusts (Patrick & Linda Gelsinger Trust, family trusts, revocable trust) where Mr. Gelsinger is trustee or may be deemed to have beneficial ownership; F3 notes Class B shares are convertible 1:1 into Class A.
• Filing timeliness: Reported and filed on 2026-09-11 (no late filing indicated).
• No 10b5‑1 plan, tax withholding, option exercise, or gift notation is indicated in the filing.

Context
This was a straightforward open‑market purchase reported as an acquisition. For retail investors, insider purchases can be interpreted as a sign of confidence but do not guarantee future performance; this filing is factual and does not state any motive.