James Winston King - 17 Sep 2024 Form 4 Insider Report for Guidewire Software, Inc. (GWRE)

Role
Chief Admin Officer, Gen Couns
Signature
/s/ James Winston King
Issuer symbol
GWRE
Transactions as of
17 Sep 2024
Net transactions value
-$1,777,571
Form type
4
Filing time
19 Sep 2024, 17:19:20 UTC
Previous filing
17 Sep 2024
Next filing
19 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWRE Common Stock Sale $998,181 -5,798 -9.9% $172.16 52,751 17 Sep 2024 Direct F1
transaction GWRE Common Stock Sale $225,066 -1,309 -2.5% $171.94 51,442 19 Sep 2024 Direct F2, F3
transaction GWRE Common Stock Sale $530,328 -3,067 -6% $172.91 48,375 19 Sep 2024 Direct F2, F4
transaction GWRE Common Stock Sale $23,995 -138 -0.29% $173.88 48,237 19 Sep 2024 Direct F2
* 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 The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $171.4950 to $172.4480 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F4 The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $172.5400 to $173.5050 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.