Jeffrey Elliott Cooper - 17 Sep 2024 Form 4 Insider Report for Guidewire Software, Inc. (GWRE)

Signature
By: Winston King, Attorney-in-Fact For: Jeffrey Elliott Cooper
Issuer symbol
GWRE
Transactions as of
17 Sep 2024
Net transactions value
-$2,635,020
Form type
4
Filing time
19 Sep 2024, 17:20:36 UTC
Previous filing
17 Sep 2024
Next filing
20 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWRE Common Stock Sale $1,779,097 -10,334 -11% $172.16 83,367 17 Sep 2024 Direct F1
transaction GWRE Common Stock Sale $189,111 -1,100 -1.3% $171.92 82,267 19 Sep 2024 Direct F2, F3
transaction GWRE Common Stock Sale $640,556 -3,705 -4.5% $172.89 78,562 19 Sep 2024 Direct F2, F4
transaction GWRE Common Stock Sale $26,256 -151 -0.19% $173.88 78,411 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 $171.5000 to $172.4800 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 $172.6350 to $173.5000 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.