Guidewire (GWRE) CFO transfers shares to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guidewire Software, Inc. Chief Financial Officer Jeffrey Elliott Cooper reported a disposition of 2,594 shares of Common Stock at $118.743 per share. According to the footnote, these shares were transferred back to the company to cover taxes tied to the settlement of Restricted Stock Units, rather than a discretionary market sale. Following this tax-related transaction, he continues to hold 63,467 shares directly, indicating he retains the vast majority of his equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,594 shares ($308,019)
Net Sell
1 txn
Insider
Cooper Jeffrey Elliott
Role
Chief Financial Officer
Sold
2,594 shs ($308K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,594 | $118.743 | $308K |
Holdings After Transaction:
Common Stock — 63,467 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares disposed: 2,594 shares
Price per share: $118.743 per share
Shares held after: 63,467 shares
3 metrics
Shares disposed
2,594 shares
Tax-related disposition on 2026-06-16
Price per share
$118.743 per share
Disposition price for common stock
Shares held after
63,467 shares
Direct holdings following transaction
Key Terms
Restricted Stock Units, open-market sale, Form 4
3 terms
Restricted Stock Units financial
"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.
FAQ
What did Guidewire (GWRE) CFO Jeffrey Elliott Cooper report in this Form 4?
Guidewire CFO Jeffrey Elliott Cooper reported a tax-related share disposition. He transferred 2,594 common shares back to the company at $118.743 per share to cover taxes from settling Restricted Stock Units, a routine administrative event rather than a discretionary open-market stock sale.
Was the Guidewire (GWRE) CFO’s Form 4 transaction an open-market sale?
While coded as a sale, the footnote clarifies it was a transfer to the issuer to cover taxes from Restricted Stock Unit settlement. That means it functions like tax withholding, not a discretionary open-market trade based on the CFO’s view of Guidewire’s stock.