Roadzen director Ajay Shah gets 152,732 options

Roadzen Inc. director Ajay Shah reported a new stock option grant for 152,732 derivative securities.

Rhea-AI Filing Summary

Roadzen Inc. director Ajay Shah reported a new stock option grant for 152,732 derivative securities. On 09/15/2025, he was awarded a stock option (right to buy) covering 152,732 ordinary shares at a conversion or exercise price of $2 per share. The option becomes exercisable on 09/15/2025 and expires on 09/15/2032. Following this transaction, Shah beneficially owned 152,732 derivative securities directly.

Insider Trade Summary

Grant/Award: 152,732 shares

Grant/Award 1 txn

Insider SHAH AJAY

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy)	152,732	$0.00	$0.00

Holdings After Transaction: Stock Option (right to buy) — 152,732 contracts (Direct)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Roadzen (RDZN) report for Ajay Shah?

Roadzen Inc. director Ajay Shah reported the acquisition of a stock option (right to buy) covering 152,732 ordinary shares in a Form 4 filing.

When was Ajay Shah’s Roadzen stock option granted and when does it expire?

The stock option was granted on 09/15/2025 and is scheduled to expire on 09/15/2032.

What is the exercise price of Ajay Shah’s Roadzen stock option?

The stock option has a conversion or exercise price of $2 per share for the underlying Roadzen ordinary shares.

How many Roadzen derivative securities does Ajay Shah own after this transaction?

After the reported transaction, Ajay Shah beneficially owned 152,732 derivative securities, held as a direct ownership position.

Is Ajay Shah a director or officer of Roadzen Inc. according to the filing?

According to the Form 4, Ajay Shah is a director of Roadzen Inc. and is not listed as an officer or 10% owner in this filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 01/07/2026 - 04:00 PM EST Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SHAH AJAY

(Last) (First) (Middle)

C/O ROADZEN INC.

111 ANZA BLVD., SUITE 109

(Street)

BURLINGAME CA 94010

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Roadzen Inc. [ RDZN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$2	09/15/2025		A		152,732		09/15/2025	09/15/2032	Ordinary Shares	152,732	$0	152,732	D

Explanation of Responses:

	/s/ Jean-Noel Gallardo, Attorney-in-Fact	01/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.