Patel Paresh 4
Research Summary
AI-generated summary
Exzeo Group (XZO) CEO Paresh Patel Buys 2,000 Shares
What Happened
Paresh Patel, CEO of Exzeo Group, purchased 2,000 shares of Exzeo common stock in an open-market transaction on May 20, 2026 at $13.33 per share, for a total cost of $26,660. This was a purchase (transaction code P), which investors often view as a more informative signal than routine sales.
Key Details
- Transaction date and price: 2026-05-20, 2,000 shares at $13.33 each.
- Total value: $26,660.
- Filing date / timeliness: Form 4 filed on 2026-05-21 (timely relative to the 2026-05-20 transaction).
- Shares owned after transaction: Not specified in the filing.
- Notable footnote: On Oct 1, 2021 Patel was granted an option to purchase 5,000,000 shares; vesting was one-quarter on Oct 1, 2022 and then one-sixteenth on each Jan 1, Apr 1, Jul 1, and Oct 1 thereafter.
Context
- This filing reports a straight purchase, not an option exercise or award. The footnote indicates existing option grants that vest over time, but the reported trade was an outright buy in the market.
- As always, insider purchases are factual data points — they do not guarantee future stock performance but can be useful when combined with other research.