Form 4: Guidewire CAO Sells 1,000 Shares Under 10b5-1 Plan

Guidewire Software's Chief Accounting Officer, David Franklin Peterson, sold 1,000 shares of common stock for $249.86 per share as part of a pre-arranged 10b5-1 trading plan.

Summary

• David Franklin Peterson, Chief Accounting Officer of Guidewire Software, Inc. (GWRE), reported a sale of common stock.
• The transaction involved the disposition of 1,000 shares of Guidewire Software common stock.
• The sale occurred on September 18, 2025, at a price of $249.86 per share.
• This sale was an automatic transaction executed pursuant to a Rule 10b5-1 trading plan.
• The 10b5-1 trading plan was adopted by Mr. Peterson on October 15, 2024.
• Following this transaction, Mr. Peterson beneficially owns 13,164 shares of Guidewire Software common stock directly.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine insider transaction executed under a pre-arranged 10b5-1 plan, which typically does not reflect new information about the company's prospects.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

Insider transactions, particularly those executed under Rule 10b5-1 plans, are a common occurrence for executives of publicly traded companies. These plans allow insiders to sell a predetermined number of shares at a predetermined time or price, helping them manage personal finances while avoiding accusations of trading on material non-public information. This specific transaction is a routine disclosure for an executive in the software industry.

Management Changes

Stakeholder Impact

• Shareholders: The sale of 1,000 shares by a Chief Accounting Officer is a minor transaction relative to the company's overall market capitalization and outstanding shares, thus having minimal direct impact on existing shareholders. As it's a 10b5-1 plan, it's generally not seen as a negative signal.
• Employees: No direct impact on employees is indicated by this filing.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated by this filing.

Key Dates

Recommendation

The transaction is a routine insider sale executed under a pre-arranged 10b5-1 plan, which is a common practice for executives for personal financial planning. It does not indicate any new material information about Guidewire Software's operational performance or future outlook. Therefore, it does not warrant a change in investment recommendation, and a 'hold' stance is maintained based solely on this filing.

Keywords

Guidewire Software, GWRE, Insider Transaction, Form 4, Stock Sale, 10b5-1 Plan, Chief Accounting Officer, David Franklin Peterson