Peterson David Franklin sold $29K of GWRE
Peterson David Franklin (Chief Accounting Officer) sold 246 shares of Guidewire Software, Inc. (GWRE) at $118.74 on 2026-06-16 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The only new information is the officer’s sale details (shares, price, total value) and that it was executed under a pre-arranged 10b5-1 plan.
Market read
This is a routine insider sale under a 10b5-1 plan; it is unlikely to materially change valuation expectations by itself.
What to watch
The disclosure doesn’t indicate whether the sale was part of a larger recurring schedule beyond the stated plan, nor does it include any buy-side offset.
Background
The article is an SEC Form 4 insider transaction disclosure for Guidewire Software, Inc.
Ticker impact
Guidewire Software insider Form 4 shows CFO David Franklin Peterson sold 246 shares on 2026-06-16 under a 10b5-1 plan.
Low likelihood of a sustained price move solely from this disclosure.
The filing is a small, pre-arranged open-market sale by an officer; no new company-specific operational or financial catalyst is disclosed.
Market effects
No sector-level implications; this is a single-company insider transaction.
None indicated.
None indicated.
Counterpoint
Even 10b5-1 sales can coincide with private views; traders may still watch for follow-on insider activity or unusual volume.
Key entities
- issuerGuidewire Software, Inc.
Subject of the Form 4 insider transaction disclosure.
- insiderPeterson David Franklin
Chief Accounting Officer who sold shares.
