Form 4: Guidewire CFO Executes Routine Stock Sale
Statement of Changes in Beneficial Ownership
Guidewire Software CFO Jeffrey Elliott Cooper sold 2,594 shares to cover tax obligations related to RSU vesting.
Summary
- CFO Jeffrey Elliott Cooper sold 2,594 shares of Guidewire Software (GWRE) common stock.
- The transaction occurred on June 16, 2026, at an average price of $118.743 per share.
- The sale was conducted to satisfy tax withholding requirements associated with the settlement of Restricted Stock Units (RSUs).
- Following the transaction, the reporting person retains beneficial ownership of 63,467 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it is a routine administrative action related to tax obligations rather than a strategic market move.
Positives
- The transaction was a mandatory sell-to-cover event rather than a discretionary divestment, indicating continued alignment with company equity.
Negatives
- Reduction in the direct shareholding of a key executive.
Risks
- None identified; this is a standard administrative transaction.
Future Outlook
No forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that sell-to-cover transactions are standard practice for executives receiving equity-based compensation and do not typically signal a change in management sentiment regarding company performance.
Comparison to Industry Standards
- The transaction aligns with standard corporate governance practices for executive compensation tax management in the software industry.
Stakeholder Impact
- Minimal impact on shareholders as the sale was for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 06/16/2026 | Date of the stock sale transaction and filing date. |
Keywords
Guidewire Software, GWRE, Insider Trading, Form 4, CFO, Equity Compensation
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