GWRE.NYSEGuidewire Software, INC

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

Sentiment:

SEC Form 4 Filing

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Guidewire Software's CEO, Michael George Rosenbaum, sold 1,400 shares of common stock at a price of $198.22 per share on April 28, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

  • On April 28, 2025, Michael George Rosenbaum, the CEO of Guidewire Software, Inc. (GWRE), sold 1,400 shares of the company's common stock.
  • The sale was executed at a price of $198.22 per share.
  • The transaction was conducted under a pre-arranged 10b5-1 trading plan adopted by Rosenbaum on October 15, 2024.
  • Following the transaction, Rosenbaum directly owns 254,393 shares of Guidewire Software's common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an insider stock sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

Sales by insiders are a normal part of corporate governance. The use of a 10b5-1 trading plan suggests the sales were pre-planned and not based on any inside information.

Stakeholder Impact

  • The sale of shares by the CEO could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates

DateDescription
October 15, 2024Date the Reporting Person adopted the 10b5-1 Trading Plan
April 28, 2025Date of the transaction (stock sale)
April 30, 2025Date of signature on the Form 4 filing

Keywords

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

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