Peterson David Franklin 4

What Happened

• David Franklin Peterson, Chief Accounting Officer of Guidewire Software, sold 273 shares on 2026-03-17 at $163.86 per share for proceeds reported as $44,733. The filing (Form 4) indicates the sale was to cover taxes associated with the settlement of Restricted Stock Units.

Key Details

• Transaction date: 2026-03-17; Filing date: 2026-03-18 (timely).
• Price: $163.86 per share; Total proceeds reported: $44,733.
• Type: Sale reported as "S" with footnote indicating tax withholding on RSU settlement (F1).
• Shares owned after transaction: Not specified in the provided filing.
• Filing appears timely (no late-filing indication).

Context

• This was a tax-withholding sale tied to RSU settlement (issuer withheld/sold shares to cover taxes), which is a common administrative action and not necessarily a signal of personal trading intent. Retail investors typically focus more on outright open-market purchases for bullish signals; routine withholding-sales like this are generally neutral.