[Form 4] Guidewire Software, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Guidewire Software director David S. Bauer executed an automatic sale of common stock under a 10b5-1 trading plan. On 10/01/2025 Mr. Bauer (reporting through counsel) sold 500 shares at a price of $230.73 per share, reducing his reported beneficial ownership to 5,903 shares. The filing identifies Mr. Bauer as a director and shows the sale was an automatic disposition under a 10b5-1 plan adopted on December 12, 2024. The Form 4 is a routine insider reporting of a pre-arranged sale and does not include any other transactions or derivative activity.

Positive

• Sale executed under a documented 10b5-1 trading plan, indicating the transaction was pre-arranged and compliant with insider-trading policies
• Form 4 clearly discloses number of shares sold, price, post-transaction ownership, and the reporting person’s relationship as a director

Negative

• Insider disposition of shares: 500 shares were sold, reducing beneficial ownership to 5,903 shares
• No information provided about other holdings or transactions beyond this single sale, limiting context for investor interpretation

Insights

Securities Compliance Analyst

TL;DR: Transaction is a routine, pre-planned insider sale under a 10b5-1 plan; compliance documentation is present.

The Form 4 shows an automatic sale of 500 shares at $230.73 on 10/01/2025 executed under a 10b5-1 trading plan adopted 12/12/2024. The reporting person is identified as a director and the filing includes an attorney-in-fact signature, which is consistent with delegated execution practices. There are no derivative transactions reported. From a compliance perspective, the filing provides the core disclosures required by Section 16 and documents the nature of the sale as pre-arranged.

Equity Research Analyst

TL;DR: Small discretionary impact on ownership; sale appears administrative rather than a strategic shift.

The reported sale of 500 shares at $230.73 reduces beneficial ownership to 5,903 shares. The itemized details are limited to a single non-derivative disposition and the explanatory remark cites the 10b5-1 plan. Without additional transactions or derivative positions, this filing represents a limited change in insider holdings and offers little new information about company operations or guidance.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Bauer David S

(Last) (First) (Middle)

C/O GUIDEWIRE SOFTWARE, INC.

970 PARK PL, SUITE 200

(Street)

SAN MATEO CA 94403

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Guidewire Software, Inc. [ GWRE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/01/2025		S(1)		500	D	$230.73	5,903	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Automatic sale pursuant to a 10b5-1 Trading Plan adopted by the Reporting Person on December 12, 2024.

Remarks:

	/s/ Winston King, Attorney-in-Fact for David S. Bauer	10/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Guidewire (GWRE) insider David S. Bauer report on 10/01/2025?

The Form 4 reports an automatic sale of 500 shares at $230.73 per share executed on 10/01/2025 under a 10b5-1 trading plan.

How many Guidewire shares does David S. Bauer own after the reported sale?

The filing shows Mr. Bauer beneficially owned 5,903 shares following the reported transaction.

What is the relationship of the reporting person to Guidewire (GWRE)?

The Form 4 identifies David S. Bauer as a Director of Guidewire Software, Inc.

Was the sale part of a trading plan or an ad-hoc transaction?

The sale was automatic pursuant to a 10b5-1 Trading Plan adopted by the reporting person on December 12, 2024.

Who signed the Form 4 filing?

The filing is signed /s/ Winston King, Attorney-in-Fact for David S. Bauer dated 10/01/2025.