Guidewire Software CEO Maintains Strong Position Despite Automated Stock Sale
Rhea-AI Filing Summary
Guidewire Software CEO Michael George Rosenbaum reported the sale of 1,400 shares of common stock at a price of $238.12 per share on June 23, 2025. The transaction was executed as part of a pre-planned 10b5-1 trading plan established on October 15, 2024.
Following the transaction, Rosenbaum continues to hold 237,268 shares directly. The sale represents a small portion of his total holdings, approximately 0.6% of his position. The transaction was automatically executed under the trading plan, which helps executives avoid accusations of insider trading by establishing predetermined trading parameters.
Key Transaction Details:
- Transaction Type: Automatic sale under 10b5-1 plan
- Total Transaction Value: Approximately $333,368
- Position: CEO and Director
- Ownership Form: Direct
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,400 shares
Net Sell
1 txn
Insider
Rosenbaum Michael George
Role
Chief Executive Officer
Sold
1,400 shs ($333K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,400 | $238.12 | $333K |
Holdings After Transaction:
Common Stock — 237,268 shares (Direct)
Footnotes (1)
- F1. Automatic sale pursuant to a 10b5-1 Trading Plan adopted by the Reporting Person on October 15, 2024.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Was GWRE CEO Rosenbaum's stock sale part of a pre-planned trading arrangement?
Yes, the sale was executed as an automatic sale pursuant to a 10b5-1 Trading Plan that was previously adopted by Rosenbaum on October 15, 2024.
What positions does Michael Rosenbaum hold at GWRE as of June 2025?
Michael Rosenbaum serves as both the Chief Executive Officer and a Director of Guidewire Software (GWRE).