Form 4: Guidewire CEO Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Guidewire Software CEO Michael George Rosenbaum sold 1,400 shares of common stock for $239.71 per share, as part of a pre-arranged 10b5-1 trading plan.
Summary
- Michael George Rosenbaum, Chief Executive Officer and Director of Guidewire Software, Inc. (GWRE), reported a sale of the company's common stock.
- The transaction involved the disposition of 1,400 shares of Guidewire Software common stock.
- The shares were sold at a price of $239.71 per share.
- The sale occurred on October 13, 2025.
- This transaction was an automatic sale executed pursuant to a Rule 10b5-1 trading plan, which was adopted by Mr. Rosenbaum on October 15, 2024.
- Following this transaction, Mr. Rosenbaum directly beneficially owns 259,358 shares of Guidewire Software common stock.
Sentiment
Score: 5
Explanation: The filing reports a routine, pre-scheduled insider stock sale under a 10b5-1 plan. This type of transaction is a personal financial planning event for the executive and does not typically indicate a positive or negative sentiment regarding the company's operational performance or future prospects.
Future Outlook
N/A. This filing reports a past insider transaction and does not provide forward-looking statements or guidance regarding the company's future performance.
Industry Context
This filing reports a routine insider stock sale by a senior executive at Guidewire Software, a leading provider of software products for property and casualty (P&C) insurers. Such transactions are common for executives managing personal finances and are typically executed under pre-arranged 10b5-1 plans, which are designed to avoid accusations of trading on material non-public information. This specific transaction does not inherently reflect broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: The sale of 1,400 shares by the CEO is a small fraction of the total outstanding shares and is unlikely to have a material impact on the company's stock price or shareholder value, especially given it was pre-planned.
- Employees, Customers, Suppliers, Creditors: This routine insider transaction has no direct or discernible impact on these stakeholder groups.
Key Dates
| Date | Description |
|---|---|
| 10/15/2024 | Date the 10b5-1 Trading Plan was adopted by Michael George Rosenbaum. |
| 10/13/2025 | Date of the reported transaction (sale of common stock). |
| 10/14/2025 | Date the Form 4 was signed by the attorney-in-fact. |
Keywords
Guidewire Software, GWRE, Michael George Rosenbaum, Insider Trading, Form 4, Stock Sale, CEO, Director, 10b5-1 Plan, Equity Transaction
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