STOCK TITAN

Guidewire's John Mullen may sell $5.7M in stock

A Guidewire Software executive filed a Rule 144 notice covering 39,683 shares tied to equity award vesting and automatic sell-to-cover tax transactions.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Guidewire Software, Inc. (GWRE) has an affiliate, John P. Mullen, filing a notice of proposed resale of its common stock under Rule 144. The notice covers up to 39,683 shares of common stock, with an aggregate market value of $5,733,074.89, to be sold through Morgan Stanley Smith Barney LLC on the NYSE.

The shares relate to multiple RSU and PSU awards scheduled to vest on September 15, 2026, granted between 2022 and 2025. The notice states that the amounts listed as shares to be sold reflect automatic sell-to-cover transactions for tax withholding under Guidewire’s Amended and Restated 2020 Stock Plan.

During the prior three months, John P. Mullen reported sales of 1,800 shares for $339,228 on August 25, 2026 and 16,200 shares for $2,997,000 on August 19, 2026. Guidewire’s common shares outstanding are reported as 81,992,669.

Positive

  • None.

Negative

  • None.
Shares covered by Rule 144 notice 39,683 shares Proposed Guidewire Software common stock to be sold by John P. Mullen
Aggregate market value of proposed sale $5,733,074.89 Market value of 39,683 GWRE shares in the Rule 144 notice
Shares outstanding 81,992,669 shares Guidewire Software common shares outstanding referenced in the notice
Prior sale on August 25, 2026 1,800 shares for $339,228 Guidewire common stock sold by John P. Mullen in past 3 months
Prior sale on August 19, 2026 16,200 shares for $2,997,000 Guidewire common stock sold by John P. Mullen in past 3 months
Vesting date of RSUs/PSUs September 15, 2026 Date of RSU and PSU vesting related to shares described as acquired as compensation
Date of notice September 17, 2026 Date John P. Mullen signed 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.
Amended and Restated 2020 Stock Plan financial
"under the Issuer's Amended and Restated 2020 Stock Plan"
Restricted Stock Units (RSU) financial
"Vesting of RSU (Grant Date: 09/15/2022)"
Performance Stock Units (PSU) financial
"Vesting of PSU (Grant Date: 09/13/2023)"

FAQ

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

What does the Form 144 filing for GWRE disclose about John P. Mullen’s plans?

The Form 144 reports that John P. Mullen may sell up to 39,683 shares of Guidewire Software common stock, with an aggregate market value of $5,733,074.89, through Morgan Stanley Smith Barney LLC on the NYSE under Rule 144.

How are the GWRE shares in this Rule 144 notice being acquired?

The shares in the notice are tied to RSU and PSU vesting on September 15, 2026, from awards granted in 2022, 2023, 2024, and 2025, all described as "acquired as compensation" from the issuer.

What is the stated purpose of the GWRE shares to be sold by John P. Mullen?

The notice states the shares listed as “Number of Shares to be Sold” represent automatic sell-to-cover transactions to satisfy tax withholding obligations under Guidewire’s Amended and Restated 2020 Stock Plan for awards vesting on September 15, 2026.

How many GWRE shares has John P. Mullen sold in the last three months?

Over the prior three months, John P. Mullen reported sales of 1,800 shares for $339,228 on August 25, 2026, and 16,200 shares for $2,997,000 on August 19, 2026, all in Guidewire Software common stock.

What is the reported number of GWRE shares outstanding in this Form 144?

The Form 144 lists 81,992,669 shares of Guidewire Software common stock as outstanding. This figure provides context for the relative size of the 39,683 shares covered by the Rule 144 resale notice.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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

Keep reading