4Accepted Sep 14, 8:19 PM ET
Gloo (GLOO) Executive Chair Patrick Gelsinger Buys 25,000 Shares
Accepted (ET)
8:19 PM
Sep 14, 2026
Filed
Sep 14, 2026
Documents
1
Size
16.6 KB
Summary
Gloo (GLOO) Executive Chair Patrick Gelsinger Buys 25,000 Shares
What Happened
Patrick P. Gelsinger, Executive Chair and Head of Technology of Gloo Holdings (GLOO), purchased 25,000 shares on September 14, 2026 in open-market transactions. The weighted-average price reported was $3.45 per share for an aggregate purchase value of about $86,233. The filing notes the shares were acquired in multiple trades at prices ranging from $3.41 to $3.50.
Key Details
- Transaction date: 2026-09-14
- Type: Purchase (code P) — open-market/private purchase reported as aggregate
- Shares purchased: 25,000
- Price: Weighted-average $3.45; individual trades ranged $3.41–$3.50 (footnote F1)
- Aggregate value: $86,233 (reported)
- Shares owned after transaction: Not specified in the provided filing
- Notable footnotes: F1 (price range and availability of per-trade detail on request); F2–F8 (several holdings reported by family/trust entities for which Mr. Gelsinger is trustee or may be deemed beneficial owner); F3 (Class B common stock convertible 1:1 into Class A common stock)
- Filing timeliness: Filing lists the transaction and report date as 2026-09-14; no late filing indicated in the provided data
Context
Insider purchases are often watched by investors as one signal of confidence, but filings are factual records and do not state motive. Also note Mr. Gelsinger holds or may be deemed to hold additional shares through various family and revocable trusts (per footnotes), which can affect total beneficial ownership.