[144] GUIDEWIRE SOFTWARE, INC. SEC Filing
Rhea-AI Filing Summary
Form 144 filed for GUIDEWIRE SOFTWARE, INC. (GWRE) reporting proposed and recent sales of common stock by Mike Rosenbaum. The notice lists a proposed sale of 1,400 shares through Morgan Stanley Smith Barney with an aggregate market value of $365,792 and shows 84,195,223 shares outstanding. The securities to be sold were acquired as restricted stock on 03/15/2022. The filing also discloses multiple recent sales by the same person between 06/09/2025 and 09/02/2025, including a larger sale of 5,925 shares on 06/17/2025 for $1,474,957.84. The filer certifies no undisclosed material adverse information and provides broker and address details for the transaction.
Positive
- Full disclosure of proposed and recent sales including share counts, gross proceeds, broker, and acquisition details
- Acquisition date and nature (restricted stock acquired 03/15/2022) are explicitly stated
- Large recent sale of 5,925 shares on 06/17/2025 with gross proceeds of $1,474,957.84 is disclosed
Negative
- Frequent insider sales are documented across multiple dates from 06/09/2025 to 09/02/2025, which may be notable to investors
- No information in this filing about any 10b5-1 plan adoption date or whether sales are pursuant to such a plan
Insights
TL;DR: Routine insider sale disclosures show steady monetization of restricted shares without additional company financial data.
The filing documents a proposed sale of 1,400 GWRE shares and a series of recent sales by Mike Rosenbaum, including a 5,925-share sale generating $1,474,957.84. These are reported under Rule 144 and identify the broker and acquisition details (restricted stock dated 03/15/2022). From an analyst perspective, this is a standard liquidity event for an insider and provides transparency about share dispositions but contains no operating results, guidance, or events that alter company fundamentals.
TL;DR: Disclosure complies with Rule 144 requirements; shows multiple insider sales across recent months.
The submission lists the required seller attestations and broker information, and it affirms the signer does not possess undisclosed material adverse information. The record of frequent sales over several months is fully itemized by date, share count, and gross proceeds, supporting transparent personal trading activity. The filing does not indicate any trading plan adoption date or 10b5-1 plan specifics within the provided content.