Guidewire (GWRE) CFO executes planned sale of 1,348 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guidewire Software, Inc. Chief Financial Officer Jeffrey Elliott Cooper reported an open-market sale of company stock. On this transaction date, he sold 1,348 shares of Common Stock at an average price of $105.67 per share. The sale was executed as an automatic transaction under a pre-arranged Rule 10b5-1 trading plan adopted by the executive. After this sale, Cooper continues to hold 62,119 shares directly, indicating he retains a substantial equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,348 shares ($142,443)
Net Sell
1 txn
Insider
Cooper Jeffrey Elliott
Role
Chief Financial Officer
Sold
1,348 shs ($142K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,348 | $105.67 | $142K |
Holdings After Transaction:
Common Stock — 62,119 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,348 shares
Sale price per share: $105.67 per share
Shares held after sale: 62,119 shares
+1 more
4 metrics
Shares sold
1,348 shares
Open-market sale of Common Stock on transaction date
Sale price per share
$105.67 per share
Average price for the 1,348 shares sold
Shares held after sale
62,119 shares
Direct ownership by CFO following the transaction
Transaction type
Open-market sale (Code S)
Non-derivative Common Stock transaction
Key Terms
Common Stock, open-market sale, Rule 10b5-1 Trading Plan
3 terms
Common Stock financial
"he sold 1,348 shares of Common Stock at an average price"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open-market sale financial
"reported an open-market sale of company stock"
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.
Rule 10b5-1 Trading Plan regulatory
"automatic transaction under a pre-arranged Rule 10b5-1 trading plan"
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.
FAQ
What insider transaction did Guidewire Software (GWRE) report for its CFO?
Guidewire Software’s CFO, Jeffrey Elliott Cooper, reported an open-market sale of 1,348 shares of Common Stock. The transaction was disclosed on a Form 4 and reflects a routine insider sale rather than a purchase or option exercise event.
Was the Guidewire (GWRE) CFO’s stock sale under a Rule 10b5-1 trading plan?
Yes. The filing notes the sale was an automatic transaction under a Rule 10b5-1 Trading Plan adopted by the reporting person. Such plans pre-schedule trades, helping separate routine portfolio management from discretionary market-timing decisions.
Does the Guidewire (GWRE) Form 4 involve any derivative securities or option exercises?
No derivative transactions or option exercises are reported in this Form 4. The filing shows only a single non-derivative transaction: an open-market sale of Common Stock, with derivativeSummary data indicating no derivative positions included in this specific report.