Jeffrey Elliott Cooper - Jun 18, 2024 Form 4 Insider Report for Guidewire Software, Inc. (GWRE)

Signature
By: Winston King, Attorney-in-Fact For: Jeffrey Elliott Cooper
Stock symbol
GWRE
Transactions as of
Jun 18, 2024
Transactions value $
-$642,763
Form type
4
Date filed
6/21/2024, 03:38 PM
Previous filing
Mar 25, 2024
Next filing
Sep 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWRE Common Stock Sale -$406K -3.02K -4.54% $134.54 63.5K Jun 18, 2024 Direct F1
transaction GWRE Common Stock Sale -$237K -1.77K -2.78% $134.20 61.7K Jun 20, 2024 Direct F2
transaction GWRE Common Stock Other $0 -118 -0.19% $0.00 61.6K Jun 21, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares sold by Issuer to cover taxes associated with settlement of Restricted Stock Units.
F2 Automatic sale pursuant to a 10b5-1 Trading Plan adopted by the Reporting Person on October 12, 2023.
F3 Shares transferred as part of a divorce property settlement.