Form 4: Guidewire Software CEO Michael Rosenbaum Sells Shares to Cover Taxes
SEC Form 4 Filing
Guidewire Software's CEO, Michael George Rosenbaum, sold shares of common stock on September 17, 2024, to cover taxes associated with the settlement of Restricted Stock Units.
Summary
- On September 17, 2024, Michael George Rosenbaum, the CEO of Guidewire Software, Inc., sold 23,379 shares of common stock.
- The sale was executed at a price of $172.1596 per share.
- The transaction was conducted to cover taxes associated with the settlement of Restricted Stock Units.
- Following the transaction, Rosenbaum directly owns 287,662 shares of Guidewire Software, Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (stock sale for tax purposes) by the CEO, which is neither particularly positive nor negative.
Industry Context
Sales of shares to cover tax obligations are a routine part of executive compensation and are not necessarily indicative of the executive's view of the company's future prospects.
Stakeholder Impact
- The sale of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 09/17/2024 | Date of the stock sale transaction. |
| 09/18/2024 | Date of signature on the Form 4 filing. |
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