[Form 4] GUIDEWIRE SOFTWARE, INC. Insider Trading Activity
Rhea-AI Filing Summary
Guidewire Software (GWRE) reporting person James Winston King, identified as an officer (Chief Admin Officer, General Counsel), disclosed an automatic sale of 799 shares of Guidewire common stock on 08/18/2025 at a price of $211.61 per share under a 10b5-1 trading plan. Following the reported sale, Mr. King beneficially owns 36,642 shares directly. The filing states the 10b5-1 plan was adopted on October 15, 2024 and amended on April 14, 2025. The form is a routine Section 16 disclosure of an officer sale and includes a manual signature dated 08/18/2025.
Positive
- Trade executed under a 10b5-1 plan, indicating prearranged, rule-compliant selling procedures
- Filing includes exact transaction details (shares sold, price, dates) and manual signature, supporting disclosure completeness
Negative
- Insider sale of 799 shares reduced direct beneficial ownership to 36,642 shares
Insights
TL;DR: Officer sold a small parcel (799 shares) under a pre-set 10b5-1 plan; follow-up impact on float is minimal.
The sale is explicitly described as an automatic transaction under a 10b5-1 plan, providing procedural credibility and reducing concerns about opportunistic timing. The per-share price of $211.61 and the retained holding of 36,642 shares are clearly stated, allowing investors to quantify the change in insider ownership. No derivative activity or additional transactions are reported. Overall this appears to be routine insider liquidity rather than a material corporate event.
TL;DR: Filing shows compliant disclosure by an officer using an amended 10b5-1 plan; governance process appears followed.
The reporting person properly checked the box indicating the trade was made pursuant to a Rule 10b5-1(c) plan and included plan adoption and amendment dates. The manual signature and clear identification of title and address meet Form 4 requirements. There are no indications of related-party or indirect ownership changes, and no other securities or derivatives were reported. From a governance perspective, the disclosure is complete and timely for this single-sale event.