Keep in mind the following facts when looking at the charts:

Do Gloria and Jack match through the Cooleys?
Yes

We know from the genealogies that Gloria and Jack are not 3rd cousins via the Cooleys. Nor can they be 4th cousins because that would make PC and Elizabeth siblings. They were not. But if they are 5th cousins through the Cooley line...

MRCA   Perrin Cooley Sr
Siblings  
Unknown
John Cooley
1st cousins  
Perrin C Cooley
Elizabeth Cooley Bailey
2nd cousins  
Joseph C Cooley
daughter
3rd cousins  
son
daughter
4th cousins  
son
daughter
5th cousins  
Jack
Gloria
No

Then the match came down a second line. In other words, they could have another set of common ancestors.

Again, assuming that the matching segments came down through the Cooley lineages, it is unlikely that Gloria and Jack are more distantly related that 5th cousins. Not only would that place them outside the prediction, there is no clear slot to place Perrin C's father among Perrin Sr's brothers and their sons. But there is another possibility.

We know from the estate records of James Cooley (1796-1858) that he and John had a brother named Perrin. Researchers assume he was Perrin Jr (c1813-1880+). However, if the brother was Perrin C Cooley, we'd have the following, which is in keeping with the prediction...

MRCA  Perrin Cooley Sr
Siblings  
Perrin C Cooley
John Cooley
1st cousins  
Joseph C Cooley
Elizabeth Cooley Bailey
2nd cousins  
son
daughter
3rd cousins  
son
daughter
4th cousins  
Jack
daughter
4th cousins, once removed  
Gloria

Rather than solve the problem, however, it creates new ones. If Perrin C Cooley was the son of Perrin Sr, who was Perrin Jr? If Perrin C was James's nephew from a deceased brother, why did James not name him, as he did with the heirs of his deceased brother John?

We may be back where we started--that Perrin Sr had a son who died young for which no records exist. We do know from the 1810 census that three young male children were living in his home, and we know that at least one boy born after that date--Perrin, whichever one he might have been. That's five sons, four of which are identified: William, John, James, and Perrin. The notion of a fifth son, born before 1810, supports the first chart, above.