Form 4 for GWRE Guidewire Software, Inc.
Accepted 2025-09-17 00:00:00 ET · period of report 2025-09-15 · accession 0001917389-25-000008 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-09-17 | 2025-09-16 | GWRE | Mullen John P | Pres | S - Sale+OE | $242.87 | -15.9K | 159.0K | -9% | -$3.85M |
| D | 2025-09-17 | 2025-09-15 | GWRE | Mullen John P | Pres | M - OptEx | $0.00 | +18.5K | 174.8K | +12% | $0 |
| D | 2025-09-17 | 2025-09-15 | GWRE | Mullen John P | Pres | M - OptEx | $0.00 | -18.5K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-09-16 | S | D | 15,869 | $242.87 | 158,958 | D | — | — | (F2) The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $242.8653 to $242.8681 per share. The reporting person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
| 2 | Common | Common Stock | 2025-09-15 | M | A | 18,543 | $0.00 | 174,827 | D | — | — | |
| 3 | Derivative | Performance Shares | 2025-09-15 | M | D | 18,543 | $0.00 | 0 | D | $0.00 · — to 2032-09-15 | 18,543 Common Stock | (F3) At the end of Year 1, as to 50% of this PSU award (Part 1), the Compensation Committee of the Board of Directors (Compensation Committee) determined, on September 15, 2023, that 101.8% of the performance conditions against the FY23 ARR targets were met resulting in an increase of 216 PSUs earned by the Reporting Person. 33% of Part 1 vested immediately thereafter. 33% of Part 1 will vest at the end of Year 2, and 33% of Part 1 will vest at the end of Year 3. At the end of Year 3, as to 50% of this PSU award (Part 2), the Compensation Committee determined, on September 10, 2025, that 120% of the performance conditions against the FY25 ARR targets were met resulting in an increase of 2,409 PSUs earned by the Reporting Person. Part 2 met its time-based vesting on September 15, 2025. |