Patel Paresh 4
4 · Exzeo Group, Inc. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Exzeo (XZO) CEO Paresh Patel Buys 2,000 Shares
What Happened
Paresh Patel, CEO of Exzeo Group, acquired 2,000 shares via an open-market or private purchase on 2026-03-26 at $14.52 per share, for a total cost of $29,040. This transaction is reported as a purchase (code P), meaning the insider added stock rather than selling.
Key Details
- Transaction date and price: 2026-03-26, 2,000 shares at $14.52 each (total $29,040).
- Filing date: Form 4 filed 2026-03-27 (timely; filed the next day).
- Shares owned after transaction: Not specified in the supplied excerpt.
- Footnote: On Oct 1, 2021 the reporting person was granted an option to buy 5,000,000 shares; vesting was one-fourth on Oct 1, 2022, then one-sixteenth each Jan 1, Apr 1, Jul 1, and Oct 1 thereafter. The footnote does not state these purchased shares resulted from exercising that option.
- Transaction code meaning: P = Purchase (open market or private purchase).
Context
This filing documents a straightforward purchase by the CEO rather than an option exercise or award. The footnote shows the CEO holds a large option grant with a multi-date vesting schedule, but there is no indication in this filing that the reported shares were issued via exercise of those options. Purchases by insiders are often watched by investors as a direct use of personal funds to acquire company stock; however, filings do not reveal the insider’s motivation.
Insider Transaction Report
- Purchase
Common Stock
2026-03-26$14.52/sh+2,000$29,040→ 1,588,013 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.