Guidewire (NYSE: GWRE) CEO’s 10b5-1 sale leaves 220,006 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guidewire Software’s Chief Executive Officer Michael George Rosenbaum reported an open-market sale of company stock. On March 23, 2026, he sold 1,200 shares of Guidewire Software common stock at a price of $155.56 per share in a transaction classified as an open-market sale.
The sale was executed automatically under a pre-set Rule 10b5-1 trading plan adopted on October 14, 2025, indicating it was scheduled in advance. After this transaction, Rosenbaum still directly owns 220,006 shares of Guidewire Software common stock, so the sale represents only a small fraction of his overall holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,200 shares ($186,672)
Net Sell
1 txn
Insider
Rosenbaum Michael George
Role
Chief Executive Officer
Sold
1,200 shs ($187K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,200 | $155.56 | $187K |
Holdings After Transaction:
Common Stock — 220,006 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Guidewire (GWRE) report for its CEO?
Guidewire’s CEO Michael George Rosenbaum sold 1,200 shares of common stock in an open-market transaction. The sale occurred at a price of $155.56 per share and was reported as a routine Form 4 insider trading disclosure.
Was the Guidewire (GWRE) CEO’s stock sale part of a 10b5-1 trading plan?
Yes. The Form 4 footnote states the sale was an automatic transaction under a Rule 10b5-1 trading plan. That plan was adopted by Michael Rosenbaum on October 14, 2025, indicating the trade was pre-scheduled rather than opportunistic.
What does a Form 4 filing mean for Guidewire (GWRE) investors?
A Form 4 shows a company insider has traded its stock and discloses size, price, and remaining holdings. In this case, the CEO’s 1,200-share sale appears routine, especially given it was pre-planned and he retains 220,006 shares afterward.