Patel Paresh 4

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.