Rosenbaum Michael George 4

What Happened Michael George Rosenbaum, CEO of Guidewire Software, sold 1,200 shares on January 20, 2026. The sale was executed at $156.26 per share, generating proceeds of approximately $187,512. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date and price: Jan 20, 2026 — 1,200 shares sold at $156.26 per share.
• Total proceeds: ≈ $187,512.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Sale was automatic under a 10b5-1 trading plan adopted by Rosenbaum on Oct 14, 2025.
• Filing timeliness: Report filed Jan 22, 2026 for a Jan 20 transaction — appears timely under standard Form 4 reporting rules.

Context Sales made under a 10b5-1 plan are pre-scheduled/automated trading arrangements and are generally considered routine; they do not, by themselves, indicate a change in the insider’s view of the company. This report is a straightforward insider sale rather than an acquisition or exercise.