Patel Paresh 4

What Happened
Paresh Patel, CEO of Exzeo Group, Inc. (XZO), made an open‑market purchase of 2,000 shares on 2026-05-07 at $15.11 per share, for a total cost of $30,220. This transaction is a straight purchase (transaction code P), not an option exercise or sale.

Key Details

• Transaction date and price: 2026-05-07, 2,000 shares at $15.11 each (total $30,220).
• Transaction type: Open-market purchase (code P).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: F1 notes a prior grant (10/01/2021) of an option to purchase 5,000,000 shares with a vesting schedule (1/4 vested 10/01/2022, then 1/16 vesting each Jan/Apr/Jul/Oct thereafter). This transaction was a purchase, not an exercise of that option.
• Filing timeliness: Form 4 was filed 2026-05-08 for the 2026-05-07 transaction — appears to be filed promptly.

Context
Purchases by executives can be of interest to investors because they represent insiders acquiring stock, but filings alone don’t explain intent. The footnote about the large option grant is informational; this particular Form 4 shows a cash purchase, not an option exercise or sale.