Guidewire (NYSE: GWRE) CEO reduces holdings with 1,200-share sale
Rhea-AI Filing Summary
Guidewire Software, Inc. (GWRE) Chief Executive Officer Michael George Rosenbaum reported selling 1,200 shares of common stock on August 17, 2026 at $172.88 per share in an open-market or private transaction. The filing states the sale was an automatic transaction made pursuant to a Rule 10b5-1 Trading Plan adopted on October 14, 2025. Following this sale, Rosenbaum directly holds 188,976 shares of Guidewire common stock.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 1,200 shares
Net Sell
1 txn
Insider
Rosenbaum Michael George
Role
Chief Executive Officer
Sold
1,200 shs ($207K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,200 | $172.88 | $207K |
Holdings After Transaction:
Common Stock — 188,976 shares (Direct)
Footnotes (1)
- F1. Automatic sale pursuant to a 10b5-1 Trading Plan adopted by the Reporting Person on October 14, 2025.
Key Figures
Shares sold: 1,200 shares
Sale price per share: $172.88
Shares held after transaction: 188,976 shares
3 metrics
Shares sold
1,200 shares
Common stock sale on August 17, 2026
Sale price per share
$172.88
Price per share for the August 17, 2026 sale
Shares held after transaction
188,976 shares
Direct holdings of Michael Rosenbaum following the reported sale
Key Terms
Rule 10b5-1 Trading Plan, open market or private transaction, 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 or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
non-derivative financial
"transaction_type: non-derivative common stock transaction"
FAQ
What insider transaction did GWRE CEO Michael Rosenbaum report?
Michael Rosenbaum reported a sale of 1,200 GWRE common shares on August 17, 2026 at $172.88 per share. The transaction was coded as a sale in an open-market or private transaction and left him with 188,976 shares directly held.
Was the GWRE CEO’s August 17, 2026 stock sale under a 10b5-1 plan?
Yes. The sale was described as an automatic transaction under a Rule 10b5-1 Trading Plan adopted on October 14, 2025. Such plans pre-arrange trades, so timing reflects the plan’s terms rather than discretionary market timing.
Does the GWRE Form 4 show any option exercises or derivative transactions?
No. The Form 4 discloses only a single non-derivative sale of 1,200 common shares. The derivativeSummary shows no derivative transactions reported in this filing, and transaction counts for exercises and gifts are all zero.
AI-generated analysis. How Rhea-AI works. Not financial advice.