Guidewire Software Executive Sells $306K in Shares for Tax Obligations
James Winston King, Chief Administrative Officer and General Counsel of Guidewire Software (GWRE), reported a significant insider transaction on June 17, 2025.
Rhea-AI Filing Summary
James Winston King, Chief Administrative Officer and General Counsel of Guidewire Software (GWRE), reported a significant insider transaction on June 17, 2025. The executive disposed of 1,230 shares at an average price of $248.9384 per share.
The transaction was executed as a tax-related sale, where shares were sold by the issuer to cover tax obligations associated with the settlement of Restricted Stock Units (RSUs). Following the transaction, King retains beneficial ownership of 39,923 shares held directly.
The sale prices ranged from $248.9379 to $248.9388 per share. This transaction appears to be a routine tax withholding event rather than a discretionary sale by the insider, suggesting it may not signal any particular view on the company's valuation or prospects.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,230 | $248.9384 | $306K |
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 $248.9379 to $248.9388 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.
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