Guidewire (GWRE) CAO has 273 shares sold to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guidewire Software, Inc. Chief Accounting Officer David Franklin Peterson reported a tax-related share disposition. On this Form 4, 273 shares of common stock were sold on March 17, 2026 at an average price of $163.8579 per share.
According to the footnote, the shares were sold by the issuer to cover taxes tied to the settlement of Restricted Stock Units, making this a mechanical tax-withholding event rather than a discretionary open-market sale. After the transaction, Peterson held 12,533 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 273 shares ($44,733)
Net Sell
1 txn
Insider
Peterson David Franklin
Role
Chief Accounting Officer
Sold
273 shs ($45K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 273 | $163.8579 | $45K |
Holdings After Transaction:
Common Stock — 12,533 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Guidewire (GWRE) report for David Franklin Peterson?
Guidewire reported that Chief Accounting Officer David Franklin Peterson had 273 shares of common stock sold on his behalf. The issuer executed the sale to cover taxes from settling Restricted Stock Units, and Peterson retained 12,533 shares directly afterward.
Was the GWRE insider stock sale by David Franklin Peterson a discretionary trade?
No, the 273-share sale was not a discretionary open-market trade. The filing footnote explains the shares were sold by the issuer solely to cover taxes linked to Restricted Stock Unit settlement, making it a routine, tax-related transaction.
What is the main purpose of the Form 4 filed for Guidewire (GWRE) officer David Franklin Peterson?
The Form 4 records a tax-withholding share sale tied to equity compensation. It documents that 273 shares were sold by the issuer at $163.8579 each to cover taxes from Restricted Stock Unit settlement, and confirms Peterson’s updated direct holdings of 12,533 shares.