Mullen John P 4

What Happened
John P. Mullen, President of Guidewire Software, disposed of 6,576 shares on March 17, 2026 at $163.86 per share for total proceeds reported as $1,077,530. The filing indicates this sale was executed as shares sold by the issuer to cover taxes associated with the settlement of restricted stock units (RSUs), i.e., a sell-to-cover tax withholding rather than an independent open-market sale for investment reasons.

Key Details

• Transaction date: 2026-03-17; Price: $163.86 per share; Proceeds: $1,077,530.
• Shares sold: 6,576 (transaction coded S = Sale).
• Footnote: Shares were sold by the issuer to cover taxes on RSU settlement (tax withholding).
• Shares owned after transaction: Not specified in the provided filing.
• Filing date: 2026-03-18 (filed the next day; not reported as late).

Context
Sell-to-cover transactions are a common administrative step when RSUs vest and taxes are due; they do not necessarily indicate an insider's view on the company's stock. For retail investors, routine tax-withholding sales like this are typically less informative than outright open-market purchases by insiders.