Michael George Rosenbaum, the Chief Executive Officer of Guidewire Software, Inc., has sold 1,200 shares of the company's common stock on November 2, 2026. This transaction was executed as part of a 10b5-1 Trading Plan that Rosenbaum adopted on October 14, 2025. The sale took place at a price of $160.16 per share, totaling approximately $192,192.

This event is significant as it highlights the ongoing activity of company executives in the stock market, particularly in the prepackaged software industry. Such transactions can often influence investor sentiment and perceptions regarding a company's leadership and future direction.

Background

Guidewire Software, Inc. is a technology company incorporated in Delaware, primarily engaged in providing prepackaged software solutions. The company is listed under the ticker symbol GWRE. Its business address is located at 970 Park Pl, Suite 200, San Mateo, CA 94403.

What the Filing Says

The SEC filing indicates that the transaction was executed under a pre-established trading plan, stating, "Automatic sale pursuant to a 10b5-1 Trading Plan adopted by the Reporting Person on October 14, 2025." Following this transaction, Rosenbaum owns 272,466 shares of Guidewire's common stock.

Impact

This sale may affect investor confidence and perceptions of Guidewire's leadership. As the CEO, Rosenbaum's actions are closely monitored by shareholders and analysts alike, especially in the context of the company's performance and market strategy.

What's Next

The filing does not say what happens next.