Patel Paresh 4
Research Summary
AI-generated summary
Exzeo Group (XZO) CEO Paresh Patel Buys Stock
What Happened
Paresh Patel, CEO of Exzeo Group, bought 2,000 shares of Exzeo common stock in an open-market purchase on May 22, 2026. The shares were purchased at $12.92 per share for a total cost of $25,840. A purchase (rather than a sale) is often viewed as a more informative insider action for investors.
Key Details
- Transaction date: 2026-05-22
- Transaction type/code: Open-market purchase (P)
- Shares acquired: 2,000 at $12.92 per share
- Total value: $25,840
- Filing date: 2026-05-26 (filed four days after the trade; appears to meet the SEC’s two-business-day Form 4 deadline given the May 25 federal holiday)
- Shares owned after transaction: Not specified in the information provided in this summary/form excerpt
- Footnote: The filing notes a prior option grant (5,000,000 shares granted 10/01/2021) with scheduled vesting (one-fourth on 10/01/2022 and one-sixteenth on each Jan 1, Apr 1, Jul 1, Oct 1 thereafter)
Context
This filing reports a straightforward open-market purchase, not an option exercise or a grant-related transfer. The footnote shows Patel was previously granted a large stock option award with a multi-period vesting schedule; that grant is separate from this open-market buy. As always, purchases by executives are factual data points investors use alongside other information — they do not, by themselves, prove future company performance.