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

Role
Chief Admin Officer, Gen Couns
Signature
/s/ James Winston King
Stock symbol
GWRE
Transactions as of
Sep 17, 2024
Transactions value $
-$1,777,571
Form type
4
Date filed
9/19/2024, 05:19 PM
Previous filing
Sep 17, 2024
Next filing
Dec 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWRE Common Stock Sale -$998K -5.8K -9.9% $172.16 52.8K Sep 17, 2024 Direct F1
transaction GWRE Common Stock Sale -$225K -1.31K -2.48% $171.94 51.4K Sep 19, 2024 Direct F2, F3
transaction GWRE Common Stock Sale -$530K -3.07K -5.96% $172.91 48.4K Sep 19, 2024 Direct F2, F4
transaction GWRE Common Stock Sale -$24K -138 -0.29% $173.88 48.2K Sep 19, 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.