Form 4: Guidewire Software Executive John P. Mullen Reports Sale of Shares for Tax Obligations
SEC Form 4 Filing
John P. Mullen, President & CRO of Guidewire Software, sold 6,718 shares of common stock to cover taxes associated with the settlement of Restricted Stock Units.
Summary
- On September 17, 2024, John P. Mullen, President & CRO of Guidewire Software, Inc., sold 6,718 shares of common stock.
- The sale was executed at a price of $172.1596 per share.
- The transaction was conducted to cover taxes associated with the settlement of Restricted Stock Units.
- Following the transaction, Mullen directly owns 160,099 shares of Guidewire Software, Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine Form 4 filing, indicating a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives. It is typical for executives to sell shares to cover tax obligations related to stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 09/17/2024 | Date of transaction: John P. Mullen sold 6,718 shares of Guidewire Software, Inc. |
| 09/18/2024 | Date of signature: Winston King, Attorney-in-Fact for John P. Mullen, signed the Form 4. |
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