Patel Paresh 4
4 · Exzeo Group, Inc. · Filed May 14, 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), acquired 2,000 shares on May 13, 2026 at $13.55 per share for a total cost of $27,100. The transaction is reported on a Form 4 as a purchase (code P), indicating an insider buy rather than a sale.
Key Details
- Transaction date and price: 2026-05-13, 2,000 shares at $13.55 each (total $27,100).
- Transaction type: Purchase (Form 4 code P) — listed as "open market or private purchase" on the filing.
- Shares owned after transaction: Not specified in this Form 4 filing.
- Footnote: The filing discloses an outstanding option grant (granted Oct 1, 2021) to purchase 5,000,000 shares; vesting was 1/4 on Oct 1, 2022 and 1/16 each Jan 1, Apr 1, Jul 1, Oct 1 thereafter.
- Timeliness: Period of report 2026-05-13, filing date 2026-05-14 — the Form 4 was filed promptly (not marked late).
Context Insider purchases can be interpreted as a positive signal since executives are buying stock, but filings do not state motivation. The presence of a large outstanding option grant to the reporting person is noted in the footnote; this Form 4 reports a buy transaction, not an exercise or sale. Retail investors should consider this alongside other filings and company fundamentals.
Insider Transaction Report
- Purchase
Common Stock
2026-05-13$13.55/sh+2,000$27,100→ 1,654,013 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.