The cluster of open-market sales by both the CEO and President without 10b5-1 plans is a bearish signal. Monitor the next earnings release for potential guidance revisions or operational weakness that may have prompted the selling.
Price Chart
Executive Summary
Two top executives at Guidewire Software sold a combined $1.20M in open-market sales over a one-week window. CEO Michael Rosenbaum sold $201K and President John Mullen sold $999K. The sales are material relative to market cap (0.37%) and are not plan-driven, signaling potential caution ahead of upcoming earnings.
Key Financial Metrics
Key Facts
- CEO Michael Rosenbaum sold 1,200 shares at $167.90 for $201,480 on 2026-10-19
- President John Mullen sold 5,400 shares at $185.00 for $999,000 on 2026-10-20
- Total insider sales of $1.20M represent approximately 0.37% of market cap
- Both transactions are open-market sales (code S) with no 10b5-1 plan indication
- Sales occurred within a 2-day window (Oct 19-20, 2026)
Financial Impact
Total insider sales of $1.20M, representing 0.37% of market cap
Risk Factors
- Insider sales may indicate management's view that the stock is overvalued or that near-term headwinds exist
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-GWRE-1792540742379 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | Insider Cluster | $181.39 | awaiting T+60 | — | $169.15 (−6.75%) |
Oct 27, 2026 today | 8-K | $183.56 | awaiting T+60 | — | $169.15 (−7.85%) |
Oct 26, 2026 1d ago | 144 | $183.96 | awaiting T+60 | — | $169.15 (−8.05%) |
Oct 26, 2026 1d ago | Insider Cluster | $183.96 | awaiting T+60 | — | $169.15 (−8.05%) |
Oct 26, 2026 1d ago | 144 | $188.09 | awaiting T+60 | — | $169.15 (−10.07%) |
Oct 20, 2026 7d ago | Insider Cluster | $181.90 | awaiting T+60 | — | $169.15 (+7.01%) |
Oct 19, 2026 8d ago | 144 | $183.58 | awaiting T+60 | — | $169.15 (−7.86%) |
Oct 13, 2026 14d ago | Insider Cluster | $165.78 | awaiting T+60 | — | $169.15 (−2.03%) |
Oct 9, 2026 18d ago | 144 | $164.74 | awaiting T+60 | — | $169.15 (+2.68%) |
Sep 21, 2026 5w ago | Insider Cluster | $150.46 | awaiting T+60 | — | $169.15 (+12.42%) |
US Market Status
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