Cooper Jeffrey Elliott 4

What Happened
Jeffrey E. Cooper, Chief Financial Officer of Guidewire Software (GWRE), had 2,594 shares disposed of on 2026-06-16 at $118.74 per share, generating proceeds of approximately $308,019. The filing shows the shares were sold to cover taxes related to the settlement of restricted stock units (RSUs), a routine "sell-to-cover" transaction rather than an open-market investment decision.

Key Details

• Transaction date: 2026-06-16
• Price per share: $118.74; Shares sold: 2,594; Reported proceeds: $308,019
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnote: F1 — shares sold by the issuer to cover taxes associated with settlement of RSUs (tax withholding / sell-to-cover)
• Filing timeliness: Reported on 2026-06-16 (same day as transaction), so it appears timely

Context
Sell-to-cover transactions are common when RSUs vest and shares are withheld/sold to satisfy tax obligations; they typically reflect tax mechanics, not an expressed view on the company's outlook. For retail investors, purchases and open-market buys can be more indicative of bullish insider sentiment than routine tax-withholding disposals.