CEO Scott Arthur Beck buys $3.5 million of Gloo Holdings, Inc. (GLOO)
Scott Arthur Beck, chief executive, bought $3.5 million of stock after a 25.6% fall. WallStPal Score 78.
Scott Arthur Beck, chief executive of Gloo Holdings, Inc., bought 1,076,923 shares on the open market on July 10, 2026 at an average of $3.25 a share, for a total of $3.5 million. The purchase was reported to the SEC on Form 4 on July 10, 2026.
It raised their holding by 241%, to 1,523,309 shares.
The purchase came after a fall: Gloo Holdings, Inc. stock was down 25.6% over the 13 weeks before.
3 other insiders also bought at least $10,000 of GLOO within 30 days, which makes this a cluster buy.
In the 12 months up to this filing, Gloo Holdings, Inc. insiders reported 3 open-market purchases and 18 sales.
WallStPal Score: 78 out of 100, because of raised their holding by 241%; a large purchase; 3 other insiders also bought; the stock had fallen 25.6% in the 13 weeks before; bought by a top executive.
What happened next: after 1 month the stock was up 0% (0.3 points worse than the S&P 500). Based on weekly prices from the week of the purchase.
Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.
Examples
Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.
Explain it like I'm 13
Scott Arthur Beck helps run Gloo Holdings, Inc.. Spending $3.5 million of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.
More: all GLOO insider trades · Scott Arthur Beck's track record