Form 4: Guidewire Software CEO Michael Rosenbaum Sells Shares Under 10b5-1 Trading Plan

Guidewire Software's CEO, Michael Rosenbaum, sold 1,400 shares of common stock at a price of $208.42 per share on February 3, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On February 3, 2025, Michael George Rosenbaum, the CEO of Guidewire Software, Inc., sold 1,400 shares of the company's common stock.
• The sale was executed at a price of $208.42 per share.
• Following the transaction, Rosenbaum directly owns 276,130 shares of Guidewire Software.
• The sale was conducted under a pre-arranged 10b5-1 trading plan adopted on October 15, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a routine disclosure of a pre-planned stock sale. There's no indication of positive or negative news about the company.

Future Outlook

There is no future outlook provided in this document.

Industry Context

This filing is a routine disclosure of an insider stock sale. It's common for executives to use 10b5-1 trading plans to sell shares over time to avoid accusations of insider trading. The impact on Guidewire's stock is likely to be minimal unless there are other significant factors at play.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the small number of shares sold.

Key Dates

Keywords

Guidewire Software, GWRE, Michael Rosenbaum, CEO, stock sale, Form 4, 10b5-1 trading plan, insider trading