[144] Guidewire Software, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 filed for Guidewire Software, Inc. (GWRE) shows a proposed sale of 15,869 shares of common stock to be executed through Morgan Stanley Smith Barney on 09/16/2025 with an aggregate market value of $3,854,054.08. The shares were acquired 09/15/2025 as compensation in the form of restricted stock units and were reported as paid on 09/15/2025. The filer, John P. Mullen, also reported four prior sales in the past three months totaling 21,141 shares that generated gross proceeds of $3,297,522.31. The notice includes the filer’s representation that they are unaware of undisclosed material adverse information about the issuer.

Positive

• Disclosure compliance: Form 144 properly reports the proposed sale, acquisition date, and broker, meeting Rule 144 notice requirements
• Insider attestation: Filer represents no undisclosed material adverse information about the issuer

Negative

• Immediate sale of RSUs: Shares acquired as compensation on 09/15/2025 are being offered for sale the next day, indicating no long-term retention
• Ongoing dispositions: Multiple sales in the prior three months (total 21,141 shares) may be perceived as consistent insider selling activity

Insights

Securities Analyst

TL;DR Insider sale of recently vested RSUs and recurring monthly dispositions; moderate investor relevance.

The filing documents a planned sale of 15,869 shares valued at about $3.85 million arising from restricted stock units vested on 09/15/2025, with execution via Morgan Stanley on 09/16/2025. Recent historic sales show a pattern of periodic dispositions totaling 21,141 shares over the prior three months, producing roughly $3.30 million. For investors, these are routine insider liquidity events rather than operational disclosures; the filer affirms no undisclosed material adverse information.

Corporate Governance Specialist

TL;DR Transaction follows standard Rule 144 disclosure for insider compensation vesting and sale; governance process appears observed.

The report indicates the securities were acquired from the issuer as compensation and immediately slated for sale, consistent with executives monetizing vested awards. Use of a broker and the required attestation are present. There is no disclosure here of trading plans or Rule 10b5-1 adoption date. As disclosed, the filing meets procedural requirements but does not reveal strategic or operational implications.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 38th Floor New York NY 10004	15869	3854054.08	84530578	09/16/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/15/2025	Acquired as compensation - Restricted Stock Units	Issuer			15869	09/15/2025	N/A (acquired as compensation)

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
John P. Mullen c/o Guidewire Software, Inc. 970 Park Pl, Suite 200 San Mateo CA 94403	Common Stock	09/02/2025	3000	642900
John P. Mullen c/o Guidewire Software, Inc. 970 Park Pl, Suite 200 San Mateo CA 94403	Common Stock	08/01/2025	3000	669840
John P. Mullen c/o Guidewire Software, Inc. 970 Park Pl, Suite 200 San Mateo CA 94403	Common Stock	07/01/2025	3000	705150
John P. Mullen c/o Guidewire Software, Inc. 970 Park Pl, Suite 200 San Mateo CA 94403	Common Stock	06/17/2025	7141	1777666.31

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for Guidewire (GWRE) disclose?

It discloses a proposed sale of 15,869 common shares valued at $3,854,054.08 to be executed on 09/16/2025 through Morgan Stanley, acquired as RSUs on 09/15/2025

Who is the seller named in the filing?

John P. Mullen is listed as the person for whose account the securities are to be sold

Were there recent prior sales by the same person?

Yes. Four sales in the past three months totaled 21,141 shares with gross proceeds of $3,297,522.31

How were the shares acquired that are being sold on 09/16/2025?

The 15,869 shares were acquired on 09/15/2025 as compensation in the form of restricted stock units

Which broker is handling the proposed sale?

Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, New York, NY