Guidewire (NYSE: GWRE) president sells 6,576 shares for tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guidewire Software, Inc. president John P. Mullen reported an open-market sale of 6,576 shares of common stock on March 17, 2026 at an average price of $163.8579 per share. According to the footnote, these shares were sold by the company to cover taxes tied to restricted stock unit settlement, making this a tax-related, non-discretionary transaction. After this sale, Mullen directly holds 135,407 shares of Guidewire common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,576 shares ($1,077,530)
Net Sell
1 txn
Insider
Mullen John P
Role
President
Sold
6,576 shs ($1.08M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,576 | $163.8579 | $1.08M |
Holdings After Transaction:
Common Stock — 135,407 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Guidewire (GWRE) report for John P. Mullen?
Guidewire reported that president John P. Mullen had 6,576 shares of common stock sold on his behalf. The sale occurred on March 17, 2026 at an average price of $163.8579 per share to satisfy tax obligations from restricted stock unit settlement.
Was the GWRE insider sale by John P. Mullen a discretionary trade?
The sale does not appear discretionary. A footnote states the shares were sold by the issuer to cover taxes tied to restricted stock unit settlement, indicating a tax-withholding related sale rather than a personal portfolio decision by John P. Mullen.
What does the footnote in John P. Mullen’s GWRE Form 4 explain?
The footnote explains that the shares were sold by the issuer to cover taxes associated with the settlement of restricted stock units. This clarifies the transaction is connected to equity compensation and tax withholding, rather than a discretionary open-market sale for investment reasons.