Guidewire CAO sells 1,905 shares for tax withholding
Guidewire’s Chief Accounting Officer had shares sold under a Rule 10b5-1 plan to cover RSU-related taxes, leaving him with over twelve thousand shares.
Rhea-AI Filing Summary
Guidewire Software, Inc. (GWRE) reported that its Chief Accounting Officer, David Franklin Peterson, had 1,905 shares of common stock sold on his behalf on September 17, 2026, mainly to cover taxes associated with the settlement of Restricted Stock Units, at an average price of about $144.47 per share. The transaction is reported as made under a Rule 10b5-1 trading plan, and Peterson now holds 12,233 shares of Guidewire common stock directly.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Seller: 1,905 shares
Net Sell
1 txn
Insider
Peterson David Franklin
Role
Chief Accounting Officer
Sold
1,905 shs ($275K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,905 | $144.4718 | $275K |
Holdings After Transaction:
Common Stock — 12,233 shares (Direct)
Footnotes (2)
- F1. Shares sold by Issuer to cover taxes associated with settlement of Restricted Stock Units.
- F2. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $144.4716 to $144.4719 per share. The reporting person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Key Figures
Shares sold: 1,905 shares
Average sale price: $144.4718 per share
Sale price range: $144.4716–$144.4719 per share
+2 more
5 metrics
Shares sold
1,905 shares
Common stock sold on September 17, 2026 for tax withholding
Average sale price
$144.4718 per share
Weighted average sale price for the 1,905 shares
Sale price range
$144.4716–$144.4719 per share
Range of individual trade prices in the reported sale
Shares held after transaction
12,233 shares
Direct holdings of David Franklin Peterson after the sale
Rule 10b5-1 plan status
Affirmed
Filing indicates trades were under a Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units, weighted average sale price
3 terms
Rule 10b5-1 trading plan regulatory
"The transaction is reported as made under a Rule 10b5-1 trading plan"
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.
Restricted Stock Units financial
"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.
weighted average sale price financial
"represents the average sale price of the shares sold ranging from"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GWRE disclose for its Chief Accounting Officer?
Guidewire disclosed that Chief Accounting Officer David Franklin Peterson had 1,905 shares of common stock sold on September 17, 2026, primarily to cover taxes related to Restricted Stock Unit settlement, at an average price of about $144.47 per share.
Was the GWRE insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing indicates that the transactions were made under a Rule 10b5-1 trading plan, meaning the trades were executed according to a pre-arranged plan rather than at Peterson’s discretion at the time of sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.