Guidewire (GWRE) CFO Jeffrey Cooper Receives Performance Award

What Happened

• Jeffrey Elliott Cooper, Chief Financial Officer of Guidewire Software (GWRE), was granted performance-based equity on September 11, 2026. The filing shows two award entries of 18,650 shares each (one reported as a derivative), for a combined total of 37,300 performance shares, each with an acquisition price of $0.00.

Key Details

• Transaction date: 2026-09-11; Form 4 filed: 2026-09-14 (timely).
• Awards: 18,650 shares (Acquired) + 18,650 shares (Derivative) = 37,300 performance shares; grant price $0.00.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: These are Performance Shares that cliff vest at the end of a three-year performance period based on the average performance of three one-year measurement periods and require continued employment through September 15, 2029. One-year financial targets for each year were set at grant.
• No indication of a 10b5-1 plan, immediate sale, tax-withholding sale, or other special filing notes in the provided data.

Context

• These awards are typical long-term incentive compensation (PSUs) that only convert to common stock if performance targets are met and the executive remains employed through the vesting date; they are not an immediate cash or open-market purchase. Such grants are routine for senior executives and reflect compensation design rather than a direct buy/sell signal.