Patel Paresh 4
4 · Exzeo Group, Inc. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Exzeo Group (XZO) CEO Paresh Patel Buys 2,000 Shares
What Happened Paresh Patel, CEO of Exzeo Group, purchased 2,000 shares on 2026-05-27 at $13.67 per share in an open-market or private purchase (code P), for a total of $27,340. This was a purchase (often viewed by investors as a more bullish signal than a sale), not an option exercise or award.
Key Details
- Transaction date and price: 2026-05-27 — 2,000 shares at $13.67 each.
- Total value: $27,340.
- Shares owned after the transaction: not specified in the provided excerpt of the filing (check the full Form 4 for “Amount Owned” if needed).
- Footnote: F1 notes a prior option grant (Oct 1, 2021) for 5,000,000 shares with staged vesting starting Oct 1, 2022 (1/4 then 1/16 each Jan/Apr/Jul/Oct thereafter).
- Filing date/timeliness: Form 4 accessioned 2026-05-28 for a 2026-05-27 transaction — appears to have been filed the next day and thus timely under standard Form 4 rules.
Context This transaction is a straightforward purchase of common stock, not an exercise of options or a receipt of an award. The footnote indicates the CEO holds (or held the right to) a large option grant with a multi-year vesting schedule; however, this particular entry documents a market/private purchase separate from that grant. Retail investors often view insider purchases as a potentially positive signal, but this single, modest purchase should be evaluated alongside other insider activity and company fundamentals.
Insider Transaction Report
- Purchase
Common Stock
2026-05-27$13.67/sh+2,000$27,340→ 1,672,013 total
- 5,000,000
Stock Option (Right to Buy)
[F1]Exercise: $23.00Exp: 2031-10-01→ Common Stock (5,000,000 underlying)
Footnotes (1)
- [F1]On October 1, 2021, the reporting person was granted an option to purchase 5,000,000 shares of common stock. The option vested with respect to one fourth of the shares on October 1, 2022 and with respect to one sixteenth of the shares on each January 1, April 1, July 1 and October 1 thereafter.