Form 4: Guidewire Software CFO Sells 300 Shares Under 10b5-1 Trading Plan

Guidewire Software's Chief Financial Officer, Jeffrey Elliott Cooper, sold 300 shares of common stock at $174.78 per share on January 15, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Jeffrey Elliott Cooper, the Chief Financial Officer of Guidewire Software, Inc., sold 300 shares of the company's common stock on January 15, 2025.
• The sale was executed at a price of $174.78 per share.
• This transaction was conducted under a pre-arranged 10b5-1 trading plan that Mr. Cooper adopted on October 15, 2024.
• Following the sale, Mr. Cooper directly owns 73,494 shares of Guidewire Software common stock.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of an insider stock sale under a pre-arranged trading plan, which is neither positive nor negative.

Industry Context

This is a routine disclosure of an insider stock sale under a pre-arranged trading plan, which is common practice for executives of publicly traded companies.

Comparison to Industry Standards

• The use of 10b5-1 trading plans is a standard practice among executives at publicly traded companies like Guidewire, including competitors such as Duck Creek Technologies and Insurity.
• These plans allow insiders to sell shares without being accused of trading on non-public information.
• The sale of 300 shares is a relatively small transaction compared to the overall holdings of the CFO and is not unusual for executives at this level.

Stakeholder Impact

• The sale of shares by the CFO may have a minor impact on shareholder sentiment, but it is unlikely to significantly affect the stock price given the small volume and pre-planned nature of the transaction.

Key Dates

Keywords

Guidewire Software, GWRE, insider trading, Form 4, 10b5-1 trading plan, Jeffrey Elliott Cooper, CFO, stock sale