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

Guidewire Software's President, John P. Mullen, sold 2,300 shares of common stock at $174.78 per share under a pre-arranged 10b5-1 trading plan.

Summary

• John P. Mullen, President of Guidewire Software, sold 2,300 shares of 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 adopted on October 15, 2024.
• Following the transaction, Mr. Mullen directly owns 178,446 shares of Guidewire common stock.

Sentiment

Score: 5

Explanation: The document reports a routine stock sale under a pre-arranged plan, which is neither positive nor negative for the company's outlook.

Industry Context

This is a routine transaction for executives who use 10b5-1 plans to manage their stock sales, and is not unusual in the software industry.

Comparison to Industry Standards

• Many executives in publicly traded companies, including those in the software sector, use 10b5-1 trading plans to avoid accusations of insider trading.
• These plans allow for pre-scheduled sales of stock, which is a common practice among executives at companies like Salesforce, Oracle, and SAP.

Stakeholder Impact

• The stock sale by an executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial health.

Key Dates

Keywords

Guidewire Software, GWRE, John P. Mullen, stock sale, 10b5-1 trading plan, insider trading, executive transaction