Form 4: Guidewire Software President John P. Mullen Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
John P. Mullen, President of Guidewire Software, sold a total of 4,400 shares of common stock on May 1st and 2nd, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- John P. Mullen, President of Guidewire Software, Inc. [GWRE], reported changes in beneficial ownership.
- The report indicates that Mullen sold 2,300 shares of common stock on May 1, 2025, at a price of $206.79 per share.
- He also sold 2,100 shares of common stock on May 2, 2025, at a price of $210 per share.
- These transactions were executed under a 10b5-1 trading plan adopted on October 15, 2024.
- Following these transactions, Mullen directly owns 159,630 shares of Guidewire Software, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock sales under a pre-existing trading plan, which is a common and legal practice.
Industry Context
Sales by company insiders are a common occurrence, and the use of a 10b5-1 trading plan suggests that these sales were pre-planned and not based on any inside information.
Stakeholder Impact
- The stock sales could have a minor negative impact on shareholder sentiment, but the use of a 10b5-1 plan mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| October 15, 2024 | Date the Reporting Person adopted the 10b5-1 Trading Plan |
| May 01, 2025 | Date of first transaction: sale of 2,300 shares at $206.79 |
| May 02, 2025 | Date of second transaction: sale of 2,100 shares at $210 |
| May 05, 2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Guidewire Software, GWRE, John P. Mullen, Stock Sale, 10b5-1 Trading Plan, Beneficial Ownership
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