Form 4: Guidewire CAO Executes Routine Stock Sale
Statement of Changes in Beneficial Ownership
Guidewire Software Chief Accounting Officer David Franklin Peterson sold 246 shares to cover tax obligations related to RSU vesting.
Summary
- David Franklin Peterson, Chief Accounting Officer of Guidewire Software, Inc., sold 246 shares of common stock.
- The transaction occurred on June 16, 2026, at a price of $118.743 per share.
- The sale was executed to satisfy tax withholding requirements associated with the settlement of Restricted Stock Units (RSUs).
- Following the transaction, the reporting person maintains beneficial ownership of 12,287 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine administrative transaction rather than a strategic shift or market-driven divestment.
Positives
- The transaction was conducted pursuant to a pre-arranged Rule 10b5-1 trading plan, indicating compliance with corporate governance standards.
Negatives
- None; the transaction is a standard administrative action related to tax obligations.
Risks
- None; this is a routine disclosure of equity compensation tax settlement.
Future Outlook
No forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that this filing is a standard regulatory disclosure for executive compensation and does not reflect a change in management's outlook on the company's performance.
Comparison to Industry Standards
- The sale of shares to cover tax liabilities upon RSU vesting is a standard practice among publicly traded technology companies.
- The use of a Rule 10b5-1 plan is consistent with best practices for corporate officers to avoid potential conflicts of interest.
Stakeholder Impact
- No material impact on shareholders or company operations.
Next Steps
- None
Key Dates
| Date | Description |
|---|---|
| 06/16/2026 | Date of the stock sale transaction and filing date. |
Keywords
Guidewire Software, GWRE, Insider Trading, Form 4, Chief Accounting Officer, Equity Compensation
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