Patel Paresh 4

What Happened Paresh Patel, CEO of Exzeo Group, reported an acquisition of 2,000 shares on 2026-05-18. The transaction was reported as a purchase (code P) at $13.93 per share, for a total cash outlay of approximately $27,860. This was an outright buy (reported as open-market or private purchase).

Key Details

• Transaction date: 2026-05-18; Form 4 filed: 2026-05-19 (timely).
• Price and amount: 2,000 shares purchased at $13.93 per share — total ≈ $27,860.
• Transaction code: P = Purchase (acquisition).
• Shares owned after transaction: not specified in the excerpt of the filing provided.
• Notable footnote: F1 notes Patel was granted an option to buy 5,000,000 shares on Oct 1, 2021, vesting 25% on Oct 1, 2022 and 1/16th every Jan 1, Apr 1, Jul 1 and Oct 1 thereafter.
• No indication this was part of a 10b5-1 plan, cashless exercise, gift, or tax withholding in the provided filing.

Context Purchases by insiders are often watched by retail investors as a potential sign of confidence, though a single small purchase is not definitive. The filing shows a straightforward purchase and does not involve option exercises or immediate sales; the footnote about a large option grant is informational about previously granted compensation and vesting schedule. The Form 4 appears to have been filed within the normal SEC timing window (timely).