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Guidewire CAO plans $275K Rule 144 stock sale

Guidewire’s Chief Accounting Officer filed a Rule 144 notice to sell shares mainly to cover tax withholding from upcoming RSU and PSU vesting.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Guidewire Software, Inc. (GWRE) executive David Franklin Peterson, the Chief Accounting Officer, has filed a notice under Rule 144 to permit the sale of up to 1,905 shares of Guidewire common stock through Morgan Stanley Smith Barney LLC, with proposed sales on or after September 17, 2026 on the NYSE. The shares relate to vesting events on September 15, 2026 for various RSU and PSU grants from 2022–2025 and, according to the filer, the amounts listed for sale represent automatic sell-to-cover transactions to satisfy tax withholding obligations under Guidewire’s Amended and Restated 2020 Stock Plan. The notice also reports that Peterson sold 2,500 shares of common stock during the past three months for $500,000.

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Shares to be sold under Rule 144 1,905 shares Planned Guidewire common stock sales through Morgan Stanley Smith Barney LLC
Aggregate market value of shares to be sold $275,218.70 Value for 1,905 Guidewire common shares covered by the notice
Shares outstanding 81,992,669 shares Guidewire common shares outstanding as referenced in the Form 144
Recent shares sold 2,500 shares Guidewire common stock sold on August 27, 2026
Value of recent sale $500,000 Total consideration for 2,500 shares sold on August 27, 2026
Date of RSU/PSU vesting September 15, 2026 Vesting date for grants that give rise to the sell-to-cover transactions
Date of notice September 17, 2026 Date David Franklin Peterson signed and filed the Rule 144 notice
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
sell-to-cover financial
"reflect automatic sell-to-cover transactions to satisfy tax withholding obligations"
Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.
RSU financial
"Vesting of RSU (Grant Date: 09/15/2022)"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
PSU financial
"Vesting of PSU (Grant Date: 09/13/2023)"
A PSU is a company where the government owns a controlling stake and often plays a direct role in its management and strategy. Think of it like a business that operates with public oversight, similar to a town-run utility versus a private neighborhood service. Investors watch PSUs differently because government involvement can affect profits, dividend policies, regulatory treatment and stability, so these stocks may behave more like policy instruments than pure market-driven enterprises.
Amended and Restated 2020 Stock Plan financial
"under the Issuer's Amended and Restated 2020 Stock Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing for GWRE by David Franklin Peterson disclose?

It discloses that Chief Accounting Officer David Franklin Peterson may sell up to 1,905 shares of Guidewire common stock under Rule 144, primarily in connection with upcoming RSU and PSU vesting events and related tax withholding obligations under the company’s Amended and Restated 2020 Stock Plan.

How many GWRE shares are planned to be sold under this Form 144?

The notice states that up to 1,905 shares of Guidewire common stock may be sold through Morgan Stanley Smith Barney LLC, with proposed sales on or after September 17, 2026 on the NYSE.

What is the market value of the GWRE shares covered by this Form 144?

The filing lists an aggregate market value of approximately $275,218.70 for the 1,905 shares of Guidewire common stock that may be sold under this Rule 144 notice.

What is the source of the GWRE shares in David Franklin Peterson’s Form 144?

The shares come from the vesting of RSUs and PSUs granted between 2022 and 2025, vesting on September 15, 2026. The filer states the sales are automatic sell-to-cover transactions to satisfy tax withholding obligations.

What prior GWRE share sales by David Franklin Peterson are reported?

The notice reports that on August 27, 2026, David Franklin Peterson sold 2,500 shares of Guidewire common stock for total consideration of $500,000 within the three months preceding this Form 144 filing.

How many GWRE shares are outstanding as referenced in this Form 144?

The Form 144 references 81,992,669 shares of Guidewire common stock outstanding, providing context for the planned sale of 1,905 shares under Rule 144.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

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