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Planned $612,872 Rule 144 sale of GWRE (NYSE: GWRE) shares disclosed

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A holder of GWRE common stock has filed a Rule 144 notice to sell 4,878 shares through Fidelity Brokerage Services LLC on the NYSE, with an indicated aggregate market value of $612,871.92. The filing notes that there were 85,019,176 shares of this class outstanding at the time referenced.

The shares planned for sale were originally acquired as stock awards from the issuer, including 1,091 shares on 12/09/2019, 1,939 shares on 12/21/2020, and 1,848 shares on 12/17/2021, all recorded as not requiring separate cash payment. The signer represents they are not aware of undisclosed material adverse information about the issuer’s current or prospective operations.

Positive

  • None.

Negative

  • None.

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

FAQ

What does this Form 144 filing mean for GWRE stock?

The filing shows a holder plans to sell 4,878 GWRE common shares under Rule 144. These sales, via Fidelity on the NYSE, have an indicated market value of $612,871.92, and relate to shares previously granted as stock awards by the issuer.

How many GWRE shares are planned for sale and what is their value?

The notice covers 4,878 GWRE common shares with an aggregate market value of $612,871.92. The transaction is to be executed through Fidelity Brokerage Services LLC on the NYSE, under the conditions and timing outlined in the Rule 144 filing.

When were the GWRE shares in this Form 144 originally acquired?

The shares were acquired as stock awards on three dates: 1,091 shares on 12/09/2019, 1,939 shares on 12/21/2020, and 1,848 shares on 12/17/2021. Each award came directly from the issuer and did not involve separate cash payment.

On which exchange will the GWRE Rule 144 shares be sold?

The filing indicates the 4,878 GWRE common shares are planned for sale on the NYSE. Fidelity Brokerage Services LLC, based at 245 Summer Street in Boston, is listed as the broker handling the transaction for the planned Rule 144 sale.

How many GWRE shares were outstanding relative to this planned sale?

The document states that 85,019,176 shares of the relevant GWRE class were outstanding at the referenced time. This figure provides context for the planned sale of 4,878 shares under Rule 144, which represents a very small portion of the total.

What representation does the selling holder make in the GWRE Form 144?

By signing, the selling holder represents they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, consistent with the certification language included in Rule 144 notice requirements.
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