Form 4: Guidewire Software Executive James Winston King Sells Shares Under 10b5-1 Trading Plan

James Winston King, Chief Admin Officer and General Counsel of Guidewire Software, sold shares of GWRE common stock on March 18 and 19, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• James Winston King, a Chief Admin Officer and General Counsel at Guidewire Software, Inc., reported the sale of GWRE common stock.
• The transactions occurred on March 18 and 19, 2025.
• The sales were executed under a 10b5-1 trading plan adopted on October 15, 2024.
• On March 18, 2025, 1,051 shares were sold at a price of $189.4134.
• On March 19, 2025, multiple sales occurred: 841 shares at an average price of $191.3025, 1,827 shares at an average price of $193.513, and 792 shares at an average price of $194.6124.
• Following these transactions, King directly owns 41,153 shares of Guidewire Software, Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document reports routine stock sales under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment towards the company's prospects.

Industry Context

Executive stock sales are a common occurrence in publicly traded companies and are often executed under pre-arranged trading plans like Rule 10b5-1 to avoid accusations of insider trading. The market typically analyzes these sales in the context of the executive's overall holdings and the company's performance.

Stakeholder Impact

• The stock sales could have a minor impact on shareholders if they interpret the sales negatively, although sales under 10b5-1 plans are generally viewed as routine.
• The impact on employees, customers, suppliers, and creditors is likely to be negligible.

Key Dates

Keywords

Form 4, Guidewire Software, GWRE, James Winston King, 10b5-1 Trading Plan, Share Sale, Executive, Securities