Rosenbaum Michael George 4

What Happened

• Michael Rosenbaum, CEO of Guidewire Software (GWRE), sold 1,200 shares in an open-market transaction on January 26, 2026. The shares were sold at $160.32 per share for a total transaction value of $192,384. This was a sale (not a purchase), and such sales are often routine disposals rather than a signal of company prospects.

Key Details

• Transaction date and price: 2026-01-26 — 1,200 shares at $160.32/share (total $192,384)
• Transaction type: Sale (S), executed under a pre-established 10b5-1 trading plan
• Footnote: Automatic sale pursuant to a 10b5-1 Trading Plan adopted by the reporting person on October 14, 2025
• Filing date: Report filed with the SEC on 2026-01-26 (same day as the reported transaction)
• Shares owned after transaction: Not disclosed in this filing

Context

• The sale was made under a 10b5-1 plan, which typically means the trades were pre-scheduled and automatic; such sales are generally viewed as routine and do not necessarily reflect the insider’s current view of the company’s outlook.