Patel Paresh 4
4 · Exzeo Group, Inc. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Exzeo Group (XZO) CEO Paresh Patel Buys 2,000 Shares
What Happened Paresh Patel, CEO of Exzeo Group, purchased 2,000 shares on 2026-03-25 at $14.81 per share, for a total reported outlay of $29,620. The Form 4 lists the transaction code "P" (purchase), indicating an open-market or private purchase. This was a buy (not a sale), which investors often view as a more informative insider action.
Key Details
- Transaction date and price: 2026-03-25 at $14.81 per share (total $29,620).
- Transaction type: Code P — open market or private purchase (filing does not specify which).
- Filing date / timeliness: Form 4 filed 2026-03-26 reporting the 2026-03-25 transaction (appears timely).
- Shares owned after transaction: Not specified in the provided filing details.
- Notable footnote: F1 describes a prior option grant (Oct 1, 2021) for 5,000,000 shares with staggered vesting beginning Oct 1, 2022 (one-quarter on Oct 1, 2022, then one-sixteenth each Jan/Apr/Jul/Oct thereafter).
Context This report shows a straightforward purchase by the CEO rather than an exercise of options or a sale. The footnote indicates the CEO holds a separate, large option grant with a multi-year vesting schedule — that grant is distinct from this reported purchase. The transaction size ($29.6K) is modest; while insider buys can signal confidence, filings are factual records and do not disclose the insider’s motives.
Insider Transaction Report
- Purchase
Common Stock
2026-03-25$14.81/sh+2,000$29,620→ 1,586,013 total
- 5,000,000
Stock Option (Right to Buy)
[F1]Exercise: $23.00Exp: 2031-10-01→ Common Stock (5,000,000 underlying)
Footnotes (1)
- [F1]On October 1, 2021, the reporting person was granted an option to purchase 5,000,000 shares of common stock. The option vested with respect to one fourth of the shares on October 1, 2022 and with respect to one sixteenth of the shares on each January 1, April 1, July 1 and October 1 thereafter.