Guidewire (NYSE: GWRE) CAO Winston King sells 999 shares for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guidewire Software, Inc. Chief Administrative Officer and General Counsel James Winston King reported a small share sale tied to tax obligations. He disposed of 999 shares of common stock at $118.743 per share, with the shares sold by the company to cover taxes from the settlement of Restricted Stock Units. Following the transaction, he directly holds 31,702 common shares, indicating the sale represents only a minor portion of his overall stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 999 shares ($118,624)
Net Sell
1 txn
Insider
King James Winston
Role
Chief Admin Officer, Gen Couns
Sold
999 shs ($119K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 999 | $118.743 | $119K |
Holdings After Transaction:
Common Stock — 31,702 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 999 shares
Sale price per share: $118.743 per share
Shares owned after transaction: 31,702 shares
3 metrics
Shares sold
999 shares
Common stock disposed in tax-related sale on June 16, 2026
Sale price per share
$118.743 per share
Price for common stock sold in reported transaction
Shares owned after transaction
31,702 shares
Direct common stock holdings following the Form 4 transaction
Key Terms
Restricted Stock Units, open-market sale, Form 4, Common Stock
4 terms
Restricted Stock Units financial
"Shares sold by Issuer to cover taxes associated with settlement of Restricted Stock Units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
open-market sale financial
"transaction_action: open-market sale"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title: Common Stock"
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 insider transaction did Guidewire (GWRE) report for James Winston King?
Guidewire disclosed that James Winston King reported selling 999 shares of common stock. The shares were sold at $118.743 each, with the transaction made to cover taxes related to the settlement of Restricted Stock Units rather than a discretionary open-market sale.
What role does James Winston King hold at Guidewire (GWRE)?
James Winston King serves as Guidewire’s Chief Administrative Officer and General Counsel. This means he holds a senior executive position overseeing legal and administrative matters, so his equity transactions are closely tracked as part of standard insider reporting requirements.
Does the filing mention any derivatives or options for James Winston King at Guidewire (GWRE)?
The filing’s derivative summary is empty, indicating no derivative transactions, such as stock options or similar instruments, were reported in this particular Form 4. The only reported activity involves non-derivative common stock tied to Restricted Stock Unit settlement.