Guidewire Software Chief Executive Maintains Large Stake Despite Recent Sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guidewire Software CEO Michael George Rosenbaum reported two significant stock transactions:
- On June 16, 2025, executed an automatic sale of 1,400 shares at $254.53 per share through a pre-established 10b5-1 Trading Plan from October 2024
- On June 17, 2025, disposed of 5,925 shares at an average price of $248.94 to cover tax obligations related to Restricted Stock Unit settlement
Following these transactions, Rosenbaum directly owns 238,668 shares of Guidewire Software (GWRE). The sales were executed through standard insider trading compliance procedures, with the first transaction following an automated trading plan and the second addressing tax obligations. These transactions represent routine executive stock management rather than strategic investment decisions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,325 shares ($1,831,300)
Net Sell
2 txns
Insider
Rosenbaum Michael George
Role
Chief Executive Officer
Sold
7,325 shs ($1.83M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,925 | $248.938 | $1.47M |
| Sale | Common Stock | 1,400 | $254.53 | $356K |
Holdings After Transaction:
Common Stock — 238,668 shares (Direct)
Footnotes (1)
- Automatic sale pursuant to a 10b5-1 Trading Plan adopted by the Reporting Person on October 15, 2024. Shares sold by Issuer to cover taxes associated with settlement of Restricted Stock Units. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $248.9377 to $248.9386 per share. The reporting person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
FAQ
What was the purpose of GWRE CEO's stock sale on June 17, 2025?
The June 17, 2025 sale of 5,925 GWRE shares was conducted by the issuer to cover taxes associated with the settlement of Restricted Stock Units for CEO Michael Rosenbaum. The shares were sold at an average price ranging from $248.9377 to $248.9386 per share.
When did GWRE CEO Rosenbaum establish his 10b5-1 trading plan?
Michael Rosenbaum established his 10b5-1 Trading Plan on October 15, 2024, which governed the automatic sale of shares that occurred on June 16, 2025.
What positions does Michael Rosenbaum hold at GWRE according to the Form 4?
According to the Form 4, Michael Rosenbaum serves as both Chief Executive Officer and Director of Guidewire Software (GWRE).