Chief Admin Officer/General Counsel Winston sells 7,162 GWRE shares for $1,782,059.40 across 4 transactions on 2025-09-18
King James Winston executed 4 separate sales totaling 7,162 shares for $1,782,059.40 (blended average $248.82), reducing his holdings from 45,777 to 38,615 shares (-15.6%). The sales occurred near recent price strength: the stock trades at $244.60 today, +14.3% over 30 days and +3.0% over 90 days, though currently -6.6% from the 52-week high of $261.88. Examining his same-ticker history at GWRE, his prior 4 measurable sales (2024-09-17 to 2024-09-19) generated positive average 30-day returns (+9.5%) but minimal average 90-day returns (+0.6%), with only 1 of 4 well-timed at the 90-day mark. His cross-ticker track record shows similar patterns: 5 prior sales averaging +9.5% at 30 days and +0.6% at 90 days, with a 25% well-timed rate. The filing provides no FLAGS indicating a scheduled 10b5-1 plan, so this represents discretionary open-market activity. The absence of explanatory context in the FACTS precludes characterization of motive beyond the observable sale event.