Form 4: Guidewire Software CEO Michael Rosenbaum Sells 1,400 Shares
SEC Form 4 Filing
Guidewire Software's CEO, Michael George Rosenbaum, sold 1,400 shares of common stock on March 24, 2025, at a price of $195.15 per share, according to a Form 4 filing with the SEC.
Summary
- Michael George Rosenbaum, the CEO of Guidewire Software, Inc., sold 1,400 shares of common stock on March 24, 2025.
- The sale was executed at a price of $195.15 per share.
- Following the transaction, Rosenbaum directly owns 261,393 shares of Guidewire Software's common stock.
- The sale was conducted automatically pursuant to a pre-arranged 10b5-1 trading plan adopted on October 15, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider stock sale under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to have 10b5-1 trading plans to avoid accusations of insider trading.
Stakeholder Impact
- The sale of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to be significant given the pre-planned nature of the transaction.
Key Dates
| Date | Description |
|---|---|
| 10/15/2024 | Date the Reporting Person adopted the 10b5-1 Trading Plan |
| 03/24/2025 | Date of the stock sale transaction |
| 03/25/2025 | Date of the Form 4 filing |
Keywords
Guidewire Software, GWRE, Michael Rosenbaum, CEO, stock sale, Form 4, 10b5-1 trading plan, insider trading
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