Form 4: Guidewire CEO Sells Shares Under 10b5-1 Plan

Guidewire Software CEO Michael George Rosenbaum sold 1,200 shares of common stock for $156.26 per share as part of a pre-arranged 10b5-1 trading plan.

Summary

• Michael George Rosenbaum, the Chief Executive Officer and a Director of Guidewire Software, Inc. (GWRE), reported an automatic sale of common stock.
• The transaction involved the disposition of 1,200 shares of Guidewire Software common stock.
• The shares were sold at a price of $156.26 per share.
• Following this transaction, Michael George Rosenbaum beneficially owns 235,543 shares of common stock directly.
• This sale was executed on January 20, 2026, pursuant to a Rule 10b5-1 trading plan adopted on October 14, 2025.

Sentiment

Score: 5

Explanation: The filing reports a routine, pre-scheduled insider stock sale under a 10b5-1 plan, which is generally considered a neutral event and does not inherently indicate positive or negative sentiment regarding the company's performance or outlook.

Industry Context

This filing details a routine insider transaction for a technology company executive. Such pre-planned sales are common across industries and are typically for personal financial management rather than a reflection of specific industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: A routine insider sale under a 10b5-1 plan is generally not considered a significant event for shareholders, as it is pre-planned and not typically indicative of a change in management's view of the company's prospects.
• Employees, Customers, Suppliers, Creditors: No direct impact from this specific insider transaction.

Key Dates

Keywords

Guidewire Software, GWRE, Michael George Rosenbaum, CEO, Director, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Equity Transaction