Down 43% Over the Last Year, CEO Trims Holdings, Sells 1,200 Shares of Software Stock
Stock has declined 43% over the past year, though the CEO retains $27.8 million in direct holdings after the sale.
Overview
Michael George Rosenbaum, Chief Executive Officer of Guidewire Software, Inc. (NYSE:GWRE), sold 1,200 shares of common stock on Sept. 8, 2026, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($160.52); post-transaction value based on Sept. 8, 2026, market close ($149.71).
Details
Guidewire Software is a market-leading enterprise software provider with a $12.8 billion market capitalization, serving the global property and casualty insurance sector and employing approximately 4,049 people. The company has established a competitive moat through its integrated platform approach and deep domain expertise in insurance operations, enabling customers to achieve operational efficiency and enhanced customer experiences. With TTM revenue of $1.5 billion and net income of $139.3 million, Guidewire demonstrates the financial scale and profitability characteristic of established enterprise software providers serving mission-critical insurance functions.
Source
Originally published at www.fool.com.