Rosenbaum Michael George 4

What Happened

• Michael Rosenbaum, CEO of Guidewire Software (GWRE), had 4,737 shares disposed on 2026-03-17 at $163.86 per share, producing proceeds of approximately $776,195. The filing lists the transaction as a sale (code S) tied to the settlement of restricted stock units.

Key Details

• Transaction date and price: 2026-03-17 at $163.86 per share
• Total proceeds: ~$776,195
• Transaction type: Sale (S); described as shares sold by the issuer to cover taxes on RSU settlement (Footnote F1 — tax withholding)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Filing/timeliness: Report filed 2026-03-18 for a 2026-03-17 transaction (timely filing)

Context

• This was a sell-to-cover tax withholding related to RSU settlement, a routine administrative sale that does not necessarily indicate a change in the insider’s view of the company. Purchases or option exercises with retained shares typically carry more interpretive weight for assessing insider sentiment.