Form 4: Gelsinger Acquires Gloo Holdings Stock in Public Offering

Sentiment:

Statement of Changes in Beneficial Ownership


Patrick P. Gelsinger, Director and Officer of Gloo Holdings, Inc., acquired 153,846 shares of Class A Common Stock in a public offering on July 10, 2026.

Capital raiseGloo Holdings, Inc. completed a firm commitment underwritten public offering of Class A Common Stock on July 10, 2026.Patrick P. Gelsinger, through the Patrick & Linda Gelsinger Trust, purchased 153,846 shares in this offering at $3.25 per share.

Summary

  • Patrick P. Gelsinger, a Director and Officer of Gloo Holdings, Inc., purchased 153,846 shares of Class A Common Stock in a public offering that closed on July 10, 2026.
  • The purchase was made by the Patrick & Linda Gelsinger Trust UAD 07/29/2017 at the public offering price of $3.25 per share.
  • Following this transaction, the Patrick & Linda Gelsinger Trust beneficially owns 315,499 shares of Class A Common Stock.
  • The filing also details other holdings by various trusts for which Mr. Gelsinger serves as trustee, including the Nathan Paul Gelsinger 2018 Trust, Elizabeth Marie Lee 2018 Trust, Micah Daniel Gelsinger 2018 Trust, Josiah Patrick Gelsinger 2018 Trust, and the Patrick P. Gelsinger Revocable Trust (UAD 11/7/2000).
  • Additionally, Class B Common Stock is mentioned, which is convertible into Class A Common Stock on a 1:1 basis.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it indicates insider participation in a capital raise, suggesting some level of confidence, but it does not provide operational or financial performance data.

Positives

  • Director and Officer Patrick P. Gelsinger participated in the company's public offering, acquiring a significant number of shares.
  • The acquisition of 153,846 shares at $3.25 per share indicates confidence from a key insider.
  • The total beneficial ownership of Class A Common Stock by the Patrick & Linda Gelsinger Trust following the purchase is 315,499 shares.

Future Outlook

This filing is a statement of changes in beneficial ownership and does not contain forward-looking statements or guidance regarding future company performance.

Industry Context

StockSavvy.ai notes that insider participation in public offerings, especially by directors and officers, can be interpreted as a signal of management's conviction in the company's prospects. This transaction by Patrick P. Gelsinger in Gloo Holdings' offering aligns with this general observation.

Related Party Transactions

  • The acquisition of 153,846 shares of Class A Common Stock by the Patrick & Linda Gelsinger Trust UAD 07/29/2017, where Patrick P. Gelsinger is the trustee, in the company's public offering.

Stakeholder Impact

  • Shareholders: The public offering may dilute existing shareholders' ownership percentage, but insider participation can be seen as a positive signal.
  • Management: Demonstrates continued investment and potential confidence from key personnel.
  • Creditors: The capital raise could strengthen the company's financial position.

Key Dates

DateDescription
07/10/2026Closing date of the public offering and transaction date for the acquisition of Class A Common Stock by the Patrick & Linda Gelsinger Trust.
07/10/2026Date of Attorney in fact signature for Patrick Gelsinger.
07/29/2017Date of UAD for the Patrick & Linda Gelsinger Trust.
11/07/2000Date of UAD for the Patrick P. Gelsinger Revocable Trust.

Keywords

Gloo Holdings, GLOO, Form 4, Insider Transaction, Stock Purchase, Public Offering, Class A Common Stock, Beneficial Ownership, Patrick P. Gelsinger, Trust

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