Scott Arthur Beck, who serves as President and Chief Executive Officer of Gloo Holdings, Inc. (NASDAQ: GLOO), purchased a total of 6,500 shares of the company's Class A Common Stock in transactions dated April 17 and April 20, 2026, according to a Form 4 filing with the Securities and Exchange Commission.
The combined outlay for these purchases was roughly $51,833, reflecting weighted-average prices of $7.97 per share for the April 17 activity and $7.98 per share for the April 20 activity. On April 17, Mr. Beck acquired 3,700 shares at a weighted-average price of $7.97; individual trades that day ranged between $7.81 and $8.00 per share. The subsequent April 20 purchases amounted to 2,800 shares at a weighted-average price of $7.98, with the prices of those individual trades reported between $7.95 and $8.00.
All of the Class A shares purchased were recorded as indirectly held through Pearl Street Trust, where Mr. Beck and his spouse act as trustees. After these transactions, Pearl Street Trust's indirect holdings of Gloo Class A Common Stock rose to 446,386 shares.
Scope of Mr. Beck's holdings
Beyond his Class A positions held indirectly, Mr. Beck retains a substantial stake in Gloo via derivative securities. He controls Class B Common Stock, which the filing notes is convertible into Class A Common Stock on a one-to-one basis and carries no expiration. The filing lists the following indirect Class B holdings: 29,029,209 shares through Pearl Street Trust; 1,833,333 shares through The Theresa Beck 2020 Irrevocable Trust (where he is trustee); 500,000 shares through The Scott A. Beck 2025 Irrevocable Trust (also with Mr. Beck as trustee); and 88,889 shares through the Bowanabee Foundation (where he serves as a director). In addition, Mr. Beck directly holds 1,166,666 shares of Class B Common Stock.
Market context and analyst views
The insider purchases come as Gloo's stock has experienced a notable run: shares have surged 28.6% over the past week and are up 40.6% year-to-date, with the share price trading around $8 and a market capitalization of approximately $643.77 million at the time of reporting. Analyst coverage remains generally favorable on balance, with a consensus "Buy" recommendation and price targets in the range of $10 to $17. Benchmark separately reiterated a Buy rating and maintained a $14.00 price target, citing recent revenue strength as a factor.
At the same time, market-value assessments vary. One analysis noted that the stock appears overvalued at current trading levels when measured against Fair Value metrics. That analysis is available through a detailed professional research report referenced in the filing.
Recent financial performance
Gloo's latest reported quarterly results present a mixed picture. The company reported fourth-quarter revenue of $33.6 million, beating the consensus estimate of $31.6 million and marking a second consecutive quarter of revenue outperformance. However, first-quarter 2026 earnings per share registered at -0.78, missing the forecasted -0.39 and producing what was described as a 100% negative earnings surprise. Despite the EPS shortfall, the company's share price remained relatively stable following the announcement.
Takeaway
The April insider purchases by Gloo's CEO modestly increased his indirect Class A stake and sit alongside very large Class B convertible positions across multiple trusts and direct holdings. Those ownership positions coexist with a recent pattern of revenue beats, an EPS shortfall in the first quarter of 2026, divergent Fair Value assessments, and analyst price targets that remain above the current market price. Investors and observers will likely weigh the insider buys in the context of these mixed financial signals.