Rosenbaum Michael George 4

What Happened
Michael George Rosenbaum, CEO of Guidewire Software (GWRE), executed a sale of 1,200 shares at $127.77 per share on February 9, 2026, generating proceeds of $153,324. The sale was reported on a Form 4 filed February 10, 2026 and is coded as a sale (S).

Key Details

• Transaction date: 2026-02-09; Price: $127.77 per share; Shares sold: 1,200; Total proceeds: $153,324.
• Transaction code: S (Sale).
• Footnote: Sale was automatic under a 10b5-1 trading plan adopted by Rosenbaum on October 14, 2025.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Filing timeliness: Report filed the next day (Feb 10, 2026), indicating a timely disclosure.

Context
This was an automated, pre-scheduled sale under a 10b5-1 plan; such sales are generally routine and do not by themselves indicate a change in insider views about the company. Purchases tend to be more indicative of insider bullishness than routine sales.