Patel Paresh 4
4 · Exzeo Group, Inc. · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
Exzeo (XZO) CEO Paresh Patel Buys 2,000 Shares
What Happened
Paresh Patel, Chief Executive Officer of Exzeo Group, Inc. (XZO), purchased 2,000 shares on May 12, 2026 at $13.85 per share, for a total reported outlay of $27,700. The transaction is reported as an open‑market or private purchase (Form 4 transaction code P). A purchase is generally interpreted as a positive signal (insider adding to holdings), though it does not prove future performance.
Key Details
- Transaction date: May 12, 2026; filing date: May 13, 2026 (filed on next business day; within Form 4 timeliness rules).
- Price and size: 2,000 shares at $13.85 each; total value $27,700.
- Transaction code: P (purchase — open market or private purchase).
- Shares owned after transaction: Not specified in the information provided in this summary (check the Form 4 for updated ownership totals).
- Footnote: The filing notes an earlier option grant (Oct 1, 2021) to purchase 5,000,000 shares with staged vesting beginning Oct 1, 2022 and continuing quarterly thereafter (see footnote F1).
- No indication in this filing of option exercise, sale, or tax‑withholding shares related to this specific trade.
Context
This is a straightforward insider purchase rather than an option exercise or award. Retail investors often watch purchases closely because they can signal management confidence, but one trade should not be taken as a recommendation. For full details (total ownership, any subsequent filings, or additional footnotes), review the complete Form 4 (Accession 0001193125-26-221665).
Insider Transaction Report
- Purchase
Common Stock
2026-05-12$13.85/sh+2,000$27,700→ 1,652,013 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.