Patel Paresh 4
4 · Exzeo Group, Inc. · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
Exzeo (XZO) CEO Patel Paresh Buys Stock
What Happened Patel Paresh, CEO of Exzeo Group, Inc. (XZO), reported a purchase of 2,000 shares on May 11, 2026. The shares were acquired at $13.99 per share for a total reported outlay of $27,980. The transaction is reported on a Form 4 filed with the SEC on May 12, 2026 and is coded as a purchase (P).
Key Details
- Transaction date and price: 2026-05-11 — 2,000 shares at $13.99 per share (total ≈ $27,980).
- Transaction type: Reported as an open market or private purchase (Form 4 code P).
- Filing: Form 4 filed 2026-05-12 (timely filing; not reported late).
- Shares owned after transaction: Not disclosed in the Form 4 filing.
- Footnote of note (F1): The filing references a prior option grant (Oct 1, 2021) for 5,000,000 shares with a multi-step vesting schedule; this purchase is not reported as an option exercise.
Context Purchases by executives are often viewed by retail investors as a positive signal since insiders are buying company stock, but filings are factual records and do not explain motivation. This transaction was a straightforward reported purchase and not an exercise or cashless sale of options. The referenced footnote describes a separate long-term option grant and does not indicate that the 2,000-share purchase was tied to exercising that option.
Insider Transaction Report
- Purchase
Common Stock
2026-05-11$13.99/sh+2,000$27,980→ 1,650,013 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.