Beck Scott Arthur 4
Research Summary
AI-generated summary
Gloo (GLOO) 10% Owner Scott Beck Buys 6,500 Shares
What Happened Scott A. Beck, a reported 10% owner of Gloo Holdings, Inc. (GLOO), made two open-market purchases (transaction code P): 3,700 shares on 2026-04-17 at a weighted-average price of $7.97 (≈ $29,489) and 2,800 shares on 2026-04-20 at a weighted-average price of $7.98 (≈ $22,344). Total purchased across the two dates: 6,500 shares for roughly $51,833. These were outright purchases (a buying activity, often interpreted as a bullish signal).
Key Details
- Transaction dates & prices:
- 2026-04-17 — 3,700 shares at weighted avg $7.97 (prices in that block ranged $7.81–$8.00) (Footnote F1).
- 2026-04-20 — 2,800 shares at weighted avg $7.98 (prices in that block ranged $7.95–$8.00) (Footnote F3).
- Transaction code: P = Purchase (open market or private purchase).
- Shares owned after transaction: Not specified in the provided excerpt; see the full Form 4 for total beneficial ownership.
- Beneficial ownership notes: Several footnotes indicate shares are also held of record by trusts/foundations (Pearl Street Trust, Theresa Beck 2020 Irrevocable Trust, Scott A. Beck 2025 Irrevocable Trust, Bowanabee Foundation) where Mr. Beck is trustee or director and may be deemed to have beneficial ownership (Footnotes F2, F5, F6, F7).
- Share class note: Class B common stock is convertible 1:1 into Class A (Footnote F4).
- Filing date: Form 4 was filed 2026-04-20 reporting the 2026-04-17 and 04-20 purchases. No late-filing flag provided in the excerpt.
Context As a 10% owner, Beck’s purchases are insider activity subject to Section 16 reporting; such purchases are factual signals of acquisition but do not by themselves explain motivation. For full context (total holdings, exact per-trade prices, and timeliness), retail investors should review the complete Form 4 filing on the SEC EDGAR site.