Guidewire (NYSE: GWRE) CAO has 246 shares sold to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guidewire Software, Inc. Chief Accounting Officer David Franklin Peterson reported a small share disposition tied to tax obligations. On June 16, 2026, 246 shares of common stock were sold at $118.743 per share. According to the disclosure, these shares were sold by the issuer to cover taxes from the settlement of Restricted Stock Units, rather than as a discretionary open-market sale. Following this transaction, Peterson directly held 12,287 shares of Guidewire common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 246 shares ($29,211)
Net Sell
1 txn
Insider
Peterson David Franklin
Role
Chief Accounting Officer
Sold
246 shs ($29K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 246 | $118.743 | $29K |
Holdings After Transaction:
Common Stock — 12,287 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 246 shares
Sale price: $118.743 per share
Shares held after: 12,287 shares
3 metrics
Shares sold
246 shares
Common stock sold on June 16, 2026
Sale price
$118.743 per share
Price for the 246-share transaction
Shares held after
12,287 shares
Direct holdings following the transaction
Key Terms
Restricted Stock Units, Form 4, Chief Accounting Officer
3 terms
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.
Form 4 regulatory
"This Form 4 describes an insider’s equity compensation-related sale."
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.
Chief Accounting Officer financial
"Chief Accounting Officer David Franklin Peterson reported a small share disposition"
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
FAQ
What insider transaction did GWRE Chief Accounting Officer report?
Guidewire’s Chief Accounting Officer reported a small share sale. On June 16, 2026, 246 shares of Guidewire common stock were sold at $118.743 per share, with the sale used to cover taxes from Restricted Stock Unit settlement rather than a discretionary market trade.
Does the GWRE insider sale represent a large position change?
The reported transaction is relatively small. After the 246-share sale to cover taxes, the Chief Accounting Officer directly held 12,287 Guidewire common shares. This indicates a minor adjustment to holdings associated with equity compensation rather than a major change in ownership.
Is this GWRE insider transaction an open-market sale by the executive?
The transaction is characterized as tax-related rather than discretionary. Although coded as a sale, the footnote clarifies that the issuer sold the shares to cover taxes owed on Restricted Stock Unit settlement, distinguishing it from a typical open-market trade initiated by the insider.