[144] Guidewire Software, Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 filed for Guidewire Software, Inc. (GWRE) reports a proposed sale of 7,535 common shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $1,874,377.21 and approximately 84,530,578 shares outstanding.
The securities were acquired on 09/15/2025 as 1,544 restricted stock and 5,991 performance shares, with payment noted as Not Applicable. The filing also discloses a sale on 09/16/2025 by Jeffrey Cooper of 14,103 shares for gross proceeds of $3,425,148.80. The filer represents they are not aware of any undisclosed material adverse information and includes the standard signature and criminal-statement notice.
Positive
- Required disclosures provided including acquisition dates, share counts, broker, and aggregate market value
- Attestation included that the seller does not possess undisclosed material adverse information
Negative
- Insider sale disclosed by Jeffrey Cooper of 14,103 shares for gross proceeds of $3,425,148.80 (may attract investor attention)
Insights
TL;DR: Small proposed sale relative to outstanding shares; recent insider sale disclosed.
The proposed sale of 7,535 shares represents roughly 0.009% of the reported 84,530,578 shares outstanding, indicating the transaction is immaterial to total equity supply. The filing shows the lots were acquired on 09/15/2025 and consist of restricted and performance awards, typical for executive compensation monetization. The separate disclosed sale of 14,103 shares on 09/16/2025 produced gross proceeds of $3,425,148.80, which is a larger absolute transaction but still small versus total shares outstanding. For investors, these are routine insider sales with no additional financial results or forward guidance disclosed.
TL;DR: Filing follows Rule 144 mechanics; includes standard insider representation about non-public material information.
The Form 144 documents proposed Rule 144 sales and includes the required attestation that the seller is unaware of undisclosed material adverse information. The securities were issued by the issuer and acquired on 09/15/2025 as restricted and performance shares, suggesting internal compensation-related origin rather than open-market purchases. The presence of a recent sale by Jeffrey Cooper is disclosed, and dates and amounts are provided, fulfilling disclosure obligations under Rule 144.