Patel Paresh 4

What Happened

Paresh Patel, CEO of Exzeo Group, purchased 2,000 shares of Exzeo common stock on May 21, 2026 at $12.82 per share, for a total cost of $25,640. The transaction is reported as a purchase (code P), indicating an acquisition of shares rather than a sale or option exercise.

Key Details

• Transaction date: May 21, 2026; filing date: May 22, 2026 (timely filing).
• Transaction type: P — open market or private purchase.
• Price and quantity: 2,000 shares at $12.82 each; total value $25,640.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: The filing notes an earlier option grant (Oct 1, 2021) for 5,000,000 shares with vesting — one-fourth on Oct 1, 2022 and one-sixteenth each Jan 1, Apr 1, Jul 1, Oct 1 thereafter.
• No indication of a 10b5-1 plan, tax withholding, cashless exercise, or that the shares were immediately sold.

Context

This was a straightforward purchase (not an option exercise or sale). Purchases by insiders are often watched by investors as a potential positive signal, but they do not prove future company performance. The footnote about a prior option grant reflects standard long-term equity compensation and is not part of this purchase transaction.