Form 4: Guidewire Software President John P. Mullen Reports Stock Transactions
SEC Form 4 Filing
John P. Mullen, President of Guidewire Software, reports acquisition of shares via stock award and disposition of shares via a pre-arranged 10b5-1 trading plan.
Summary
- On September 11, 2024, John P. Mullen, President of Guidewire Software, acquired 33,212 shares of common stock.
- These shares were acquired through a stock award, with a price of $0 per share.
- Following this transaction, Mullen directly owned 191,961 shares of Guidewire common stock.
- On October 18, 2024, Mullen disposed of 1,350 shares of common stock at a price of $187.68 per share.
- This sale was executed under a pre-arranged 10b5-1 trading plan adopted on January 12, 2024.
- After the sale, Mullen directly owned 190,611 shares of Guidewire common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports stock transactions by an executive, which is a routine occurrence. The sale was pre-planned.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These filings provide transparency into the buying and selling activities of company executives and directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by providing insight into executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| January 12, 2024 | Date the Reporting Person adopted a 10b5-1 Trading Plan |
| September 11, 2024 | Date of acquisition of 33,212 shares of common stock. |
| October 18, 2024 | Date of sale of 1,350 shares of common stock. |
| October 22, 2024 | Date of signature on the Form 4 filing. |
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