Patel Paresh 4
4 · Exzeo Group, Inc. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Exzeo (XZO) CEO Paresh Patel Buys 6,000 Shares
What Happened
Paresh Patel, CEO of Exzeo Group, purchased a total of 6,000 shares of Exzeo common stock in three transactions reported on a Form 4. The purchases were: 2,000 shares on 2026-03-19 at $15.36 ($30,720), 2,000 shares on 2026-03-20 at $15.50 ($31,000), and 2,000 shares on 2026-03-23 at $14.93 ($29,860), for a combined outlay of $91,580. The Form 4 marks these as code "P" purchases (open market or private purchase), which are purchases rather than sales.
Key Details
- Transaction dates and prices:
- 2026-03-19: 2,000 shares @ $15.36 = $30,720
- 2026-03-20: 2,000 shares @ $15.50 = $31,000
- 2026-03-23: 2,000 shares @ $14.93 = $29,860
- Total purchased: 6,000 shares for $91,580.
- Form filed: 2026-03-23 (Period of Report begins 2026-03-19). Filing appears timely under Section 16 (filed within the required business-day window for these trades).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote F1: Patel was granted an option on 2021-10-01 to buy 5,000,000 shares with a multi-year vesting schedule (initial 1/4 on 2022-10-01, then 1/16 each Jan 1, Apr 1, Jul 1, Oct 1 thereafter). This footnote describes an outstanding option grant, not the reported purchases.
Context
These are outright purchases by the CEO (code P), which are typically considered a more informative insider action than routine sales because they involve the insider adding to holdings. The filing does not indicate exercises or immediate sales of shares tied to these trades. As always, purchases do not guarantee future stock performance; they are one data point investors can consider alongside company fundamentals and market conditions.
Insider Transaction Report
- Purchase
Common Stock
2026-03-19$15.36/sh+2,000$30,720→ 1,578,013 total - Purchase
Common Stock
2026-03-20$15.50/sh+2,000$31,000→ 1,580,013 total - Purchase
Common Stock
2026-03-23$14.93/sh+2,000$29,860→ 1,582,013 total
- 5,000,000
Stock Opton (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.