Guidewire CEO Sells Shares via Rule 10b5-1 Plan
Michael Rosenbaum, the Chief Executive Officer of Guidewire Software (GWRE), sold 1,200 shares on August 31, 2026, through a pre-established trading plan under SEC Rule 10b5-1. The transaction was valued at $245,328 based on an average sale price of $204.44 per share. Following the sale, Rosenbaum retained ownership of approximately 186,576 shares, with a post-transaction value estimated at around $38.2 million as of market close. The stock has experienced significant volatility in recent months, having dropped by nearly 27.5% year-to-date and over 43% within the past twelve months compared to gains for broader indices like the S&P 500. Despite this decline, Guidewire reported trailing twelve-month revenue of $1.4 billion and net income of $139.2 million as of its latest reporting period.
Tickers: $GWRE
Topics: CEO sale of shares Guidewire Software Rule 10b5-1 trading plan