Guidewire CEO (NYSE: GWRE) sells 1,200 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guidewire Software, Inc. Chief Executive Officer Michael George Rosenbaum reported an open-market sale of 1,200 shares of Common Stock. The shares were sold at an average price of $158.92 per share. After this transaction, he directly holds 208,006 shares of Guidewire common stock.
The sale was executed pursuant to an automatic Rule 10b5-1 trading plan adopted by Rosenbaum on October 14, 2025, indicating the transaction was pre-scheduled rather than a discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,200 shares ($190,704)
Net Sell
1 txn
Insider
Rosenbaum Michael George
Role
Chief Executive Officer
Sold
1,200 shs ($191K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,200 | $158.92 | $191K |
Holdings After Transaction:
Common Stock — 208,006 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,200 shares
Sale price per share: $158.92 per share
Shares held after transaction: 208,006 shares
+2 more
5 metrics
Shares sold
1,200 shares
Open-market sale of Common Stock on June 1, 2026
Sale price per share
$158.92 per share
Average price for the 1,200 shares sold
Shares held after transaction
208,006 shares
Direct ownership following the reported sale
Transaction code
S
Sale in open market or private transaction
10b5-1 plan adoption date
October 14, 2025
Date CEO adopted the automatic trading plan
Key Terms
Rule 10b5-1 Trading Plan, open-market sale, Common Stock
3 terms
Rule 10b5-1 Trading Plan regulatory
"Automatic sale pursuant to a 10b5-1 Trading Plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: "open-market sale" for the 1,200 shares of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock" and remaining direct holdings after the sale"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Guidewire (GWRE) CEO Michael Rosenbaum report in this Form 4?
Guidewire CEO Michael Rosenbaum reported selling 1,200 shares of Common Stock in an open-market transaction. The sale was executed at an average price of $158.92 per share, under a pre-arranged Rule 10b5-1 trading plan adopted on October 14, 2025.
Was the Guidewire (GWRE) CEO’s stock sale under a Rule 10b5-1 plan?
Yes. The footnote states the sale was an automatic transaction under a Rule 10b5-1 Trading Plan. This plan was adopted by Michael Rosenbaum on October 14, 2025, indicating the timing of the trade was pre-scheduled rather than decided spontaneously.
What type of transaction did Guidewire (GWRE) report for its CEO?
The Form 4 shows a non-derivative open-market sale of Common Stock. The transaction code is “S,” described as a sale in an open market or private transaction, with 1,200 shares sold at $158.92 per share on June 1, 2026.