Exzeo Announces New Stock Repurchase Program

Key Terms

rule 10b5-1 regulatory

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

rule 10b-18 regulatory

Rule 10b-18 is a regulation that sets strict rules for how a company's executives and employees can buy back their own company's stock from the market. It helps ensure that these buybacks happen in a fair and transparent way, reducing the chance of market manipulation. This is important for investors because it offers protection against unfair practices and promotes confidence in the integrity of the stock market.

trading blackout periods regulatory

Times when company insiders and certain employees are legally or policy-bound to stop buying or selling the company’s stock, usually around sensitive windows such as before earnings, major announcements, or audits. These pauses act like a temporary “hands-off” rule to prevent trades based on information not yet available to the public, reducing the risk of unfair advantage and regulatory violations; investors watch them because they can limit share liquidity and signal forthcoming news.

insider trading laws regulatory

Insider trading laws are rules that prohibit people with access to important, nonpublic company information from buying or selling that company’s securities based on that information, and often require certain insiders to report their trades. They matter to investors because these laws protect fair markets—like referees enforcing rules in a game—by preventing a few people from gaining an unfair advantage and by imposing penalties that deter abuse and encourage confidence in market prices.

forms 10-q and 10-k regulatory

Forms 10-Q and 10-K are regular reports public companies file with regulators that show their financial health and business progress: the 10-Q is a shorter quarterly update and the 10-K is a comprehensive annual report. Think of them as a company’s report card and annual review—investors use the numbers, trends and management’s explanations inside to judge performance, spot risks, and decide whether a stock is a good buy or hold.

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TAMPA, Fla.--(BUSINESS WIRE)-- Exzeo Group Inc. (NYSE: XZO) today announced that its Board of Directors has authorized a new program and adopted a corresponding plan under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, to purchase up to $12 million of the company’s common shares, subject to market conditions. The authorization and plan are effective immediately.

“This share repurchase program reflects our confidence in the long-term value of Exzeo Group. The company continues to generate strong positive cash flow and maintains a debt-free balance sheet,” said Paresh Patel, Chief Executive Officer of Exzeo. “Given our strong financial position, we are allocating a small portion of our earnings to acquire shares of Exzeo.”

The repurchase program authorizes the company to repurchase shares for cash periodically in open market purchases, block transactions, privately negotiated transactions, or by other means through the use of a trading program intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the “Act”) and in accordance with applicable securities laws and other restrictions, including Rule 10b-18 under the Act. The company’s Board of Directors has adopted a Rule 10b5-1 repurchase plan under which share repurchases, if any, will be effected. Adopting a trading plan that satisfies the conditions of Rule 10b5-1 allows the company to repurchase its shares at times when it might otherwise be prevented from doing so due to self-imposed trading blackout periods or pursuant to insider trading laws. Under the company’s Rule 10b5-1 trading plan, the company’s third-party broker will have authority to purchase the company's common shares in accordance with the terms of the plan, subject to SEC regulations regarding certain price, market, volume, and timing constraints.

The company cannot predict the number of shares that will be purchased, if any, as the purchase of shares will depend on a number of factors, including constraints specified in the Rule 10b5-1 trading plan, price and general business and market conditions. Information regarding share repurchases will be available in the company’s future periodic reports on Forms 10-Q and 10-K filed with the SEC as required by the applicable rules of the Act. The share repurchase program does not obligate the company to acquire a specific number of shares of common stock and may be canceled or suspended at any time without notice.

About Exzeo Group, Inc.

Exzeo Group is a leading innovator in technology solutions purpose-built for property and casualty (P&C) insurance carriers, with a strong focus on the expansive homeowners insurance market. Through its completely internally developed “Insurance-as-a-Service” platform, Exzeo delivers a comprehensive suite of digital tools and services that streamline every aspect of carrier and agent operations - from quoting and underwriting to policy administration, claims handling, data analytics, and financial reporting. By integrating advanced technology with deep industry expertise, Exzeo empowers P&C insurers to enhance underwriting precision, drive operational efficiency, and achieve superior performance across the insurance value chain. For more information, please visit exzeo.com.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties. All statements, other than statements of historical facts included in this release, are forward-looking statements. Words such as "anticipate," "estimate," "expect," "intend," "plan," "confident," "prospects" and "project" and other similar words and expressions are intended to signify forward-looking statements, and these forward-looking statements may include, without limitation, statements regarding the timing and amount of repurchases under the above-described repurchase program and the Rule 10b5-1 plan adopted thereunder. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties, which may include, without limitation, the risk that changes in the trading price of our securities may impact share repurchases; our available cash and liquidity; legal, regulatory, or legislative developments including changes in applicable securities laws or regulations; and the timing, pricing and execution of any repurchases. These and other risks are discussed under the captions entitled "Risk Factors" and "Management’s Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for the year ended December 31, 2025, filed on February 26, 2026, with the U.S. Securities and Exchange Commission (“SEC”) and in our other reports and filings made with the SEC from time to time. Should any risks or uncertainties develop into actual events, these developments could have material adverse effects on the company's business, financial condition and results of operations. Exzeo Group, Inc. disclaims all obligations to update any forward-looking statements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260526701778/en/

Company Contact:
Bill Broomall, CFA
Vice President, Investor Relations
wbroomall@exzeo.com

Investor Relations Contact:
Matt Glover
Gateway Group, Inc.
Tel 949-574-3860
XZO@gateway-grp.com

Source: Exzeo Group, Inc.