Guidewire Software (NYSE: GWRE) CEO sells 1,200 shares in 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guidewire Software Chief Executive Officer Michael George Rosenbaum completed an open-market sale of 1,200 shares of common stock at $138.47 per share pursuant to an automatic Rule 10b5-1 trading plan adopted on October 14, 2025. Following this transaction, he directly owns 194,976 shares of Guidewire common stock.
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Negative
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 1,200 shares ($166,164)
Net Sell
1 txn
Insider
Rosenbaum Michael George
Role
Chief Executive Officer
Sold
1,200 shs ($166K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,200 | $138.47 | $166K |
Holdings After Transaction:
Common Stock — 194,976 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares Sold: 1,200 shares
Sale Price: $138.47 per share
Shares Owned After: 194,976 shares
+1 more
4 metrics
Shares Sold
1,200 shares
Open-market sale of common stock by CEO on July 13, 2026
Sale Price
$138.47 per share
Average price for the 1,200 shares sold in the transaction
Shares Owned After
194,976 shares
Direct holdings of CEO following the reported sale
Net Shares Sold
1,200 shares
Net change in common stock position from this Form 4
Key Terms
Rule 10b5-1 Trading Plan, open-market sale, non-derivative
3 terms
Rule 10b5-1 Trading Plan regulatory
"Automatic sale pursuant to a 10b5-1 Trading Plan adopted by the Reporting Person"
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.
open-market sale financial
"transaction_action: open-market sale of common stock by the CEO"
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.
non-derivative financial
"transaction_type: non-derivative, involving common stock rather than options"
FAQ
What insider transaction did GWRE CEO Michael George Rosenbaum report?
Michael George Rosenbaum, Chief Executive Officer of Guidewire Software, reported an open-market sale of company common stock. He sold 1,200 shares as part of a pre-arranged Rule 10b5-1 trading plan and continues to hold a significant direct stake in the company.
Was the Guidewire (GWRE) CEO stock sale made under a Rule 10b5-1 plan?
Yes. The filing notes the sale was an automatic transaction made pursuant to a Rule 10b5-1 Trading Plan adopted by the CEO on October 14, 2025. Such plans pre-schedule trades, reducing the significance of trade timing as an information signal.
Does this GWRE Form 4 include any option exercises or derivative transactions?
No. The Form 4 reports only a non-derivative transaction involving common stock. There are no option exercises, conversions, or other derivative transactions listed, and the derivative position summary is empty for this specific filing.
When did the reported Guidewire (GWRE) insider stock sale take place?
The reported open-market sale of Guidewire Software common stock occurred on July 13, 2026. On that date, the CEO sold 1,200 shares at an average price of $138.47 per share under his pre-established 10b5-1 trading plan.