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 $184.41 per share on March 31, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On March 31, 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 $184.41 per share.
• The transaction was conducted under a 10b5-1 trading plan adopted by Rosenbaum on October 15, 2024.
• Following the transaction, Rosenbaum directly owns 259,993 shares of Guidewire Software, Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

Sales by insiders are a common occurrence, especially when executed under pre-arranged trading plans like the 10b5-1 plan, which allows insiders to sell shares at predetermined times to avoid accusations of trading on non-public information.

Stakeholder Impact

• The sale of shares by the CEO could have a minor impact on shareholder confidence, although it is likely mitigated by the fact that it was conducted under a pre-arranged trading plan.

Key Dates

Keywords

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