SCHEDULE: Thorne Trust Discloses 5.43% Stake in Gloo Holdings

The Stephen & Pamela Thorne 2020 Nevada Irrevocable Trust has reported a 5.43% beneficial ownership stake in Gloo Holdings, Inc.'s Class B Common Stock.

Summary

• The Stephen & Pamela Thorne 2020 Nevada Irrevocable Trust Dated December 18, 2020, has filed a Schedule 13G, reporting beneficial ownership of Class B Common Stock in Gloo Holdings, Inc.
• The Trust beneficially owns an aggregate of 3,776,773 shares of Class B Common Stock.
• This ownership represents 5.43% of the Class B Common Stock outstanding, based on 69,567,852 shares as of December 18, 2025, as reported in Gloo Holdings' Form 10-Q filed on December 23, 2025.
• The ownership is split between 366,666 shares held directly by the Thorne Trust (with sole voting and dispositive power) and 3,410,107 shares held by Excellence Worldwide, LLC, where the Thorne Trust is the sole member (with shared voting and dispositive power).
• Stephen E. Thorne, IV and Pamela A. Thorne serve as management trustees of the Thorne Trust and managers of Excellence Worldwide, LLC, and are deemed to hold voting and dispositive power over the shares held by Excellence Worldwide, LLC.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, primarily a disclosure of a significant passive ownership stake, which is a standard regulatory requirement and does not inherently suggest positive or negative operational changes.

Positives

• The disclosure provides transparency regarding a significant ownership stake by a trust associated with individuals likely connected to the company, which can signal long-term commitment.

Industry Context

StockSavvy.ai notes that Schedule 13G filings typically indicate passive investment by large shareholders, often trusts or institutions, and this filing confirms a significant, but passive, stake by the Thorne Trust in Gloo Holdings. This type of filing is a routine disclosure and generally does not signal an activist investment strategy.

Related Party Transactions

• The beneficial ownership is held by the Stephen & Pamela Thorne 2020 Nevada Irrevocable Trust, with Stephen E. Thorne, IV and Pamela A. Thorne serving as management trustees and managers of an underlying entity, indicating a related party holding.

Stakeholder Impact

• Shareholders gain transparency regarding a significant ownership stake held by a trust associated with individuals likely connected to the company, providing insight into the ownership structure.

Key Dates

Recommendation

This Schedule 13G filing is a routine disclosure of a significant passive ownership stake by a trust. It does not contain new financial performance data, strategic changes, or other information that would fundamentally alter the investment thesis for Gloo Holdings, Inc. Therefore, a 'hold' recommendation is appropriate as the filing provides transparency but no new catalysts for a buy or sell decision.

Keywords

Gloo Holdings, Class B Common Stock, Beneficial Ownership, Schedule 13G, Thorne Trust, Institutional Ownership, SEC Filing