Cooper Jeffrey Elliott 4

What Happened

• Jeffrey Elliott Cooper, Chief Financial Officer of Guidewire Software (GWRE), sold 4,757 shares in an open-market transaction on March 13, 2026. The shares were sold at $158.72 each for a total of $755,031. This was a sale (not a purchase), which is often routine insider selling rather than a direct bullish signal.

Key Details

• Transaction date and price: March 13, 2026 — 4,757 shares at $158.72 per share (total $755,031).
• Transaction type: Open-market sale (Form 4 code S).
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnote: The sale was not made under a Rule 10b5-1 trading plan. Mr. Cooper terminated his October 14, 2025 Rule 10b5-1 plan on February 5, 2026. The trade was made during the issuer’s open trading window in compliance with the company’s Insider Trading Policy.
• Filing timeliness: Report filed on March 13, 2026 (same day as the transaction); no late filing indicated.

Context

• Sales by executives can be for many reasons (diversification, taxes, personal liquidity) and do not necessarily reflect their view of the company; purchases generally carry more weight as a bullish signal. This particular transaction was reported promptly and was not executed under a previously established 10b5-1 plan, though it complied with the company’s open-window trading policy.