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Roadzen (RDZN) director Rohan Malhotra buys 19,085 ordinary shares

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Roadzen Inc. director, officer and more than 10% owner Rohan Malhotra reported an open-market purchase of 19,085 ordinary shares on March 2, 2026 at a weighted average price of $1.37 per share. Following this transaction, he directly owns 849,642 ordinary shares.

The Form 4 also notes additional indirect holdings through entities Avacara Pte Ltd. and RM Securities LLC, where Malhotra may be deemed to have beneficial ownership but disclaims beneficial ownership except to the extent of his pecuniary interest. It further reports restricted stock units that vest on September 17, 2026, conditioned on his continued service.

Positive

  • None.

Negative

  • None.
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*
Malhotra Rohan

(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 X 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
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
Ordinary Shares 03/02/2026 P 19,085 A $1.37(1) 849,642 D
Ordinary Shares 17,577,213 I See footnote(2)
Ordinary Shares 45,854 I See footnote(3)
Ordinary Shares(4) 5,616,485 D
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
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.34 to $1.38, inclusive. The reporting person undertakes to provide to Roadzen Inc., any security holder of Roadzen Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
2. Avacara Pte Ltd. ("Avacara") is the record holder of these ordinary shares. Mr. Malhotra is the majority shareholder and managing director of Avacara, a Singapore corporation with offices located at 14 Robinson Road, #12-01/02, Far East Finance Building, Singapore, 048545, and as such may be deemed to have beneficial ownership of the ordinary shares held directly by Avacara. Mr. Malhotra disclaims any beneficial ownership of the shares held by Avacara, except to the extent of his pecuniary interest therein.
3. RM Securities LLC is the record holder of these ordinary shares. Mr. Malhotra is the sole member of RM Securities LLC and as such may be deemed to have beneficial ownership of the ordinary shares held directly by RM Securities LLC. Mr. Malhotra disclaims any beneficial ownership of the shares held by RM Securities LLC, except to the extent of his pecuniary interest therein.
4. Represents ordinary shares underlying restricted stock units ("RSUs") issued under the Roadzen Inc. 2023 Omnibus Incentive Plan, as amended and/or restated from time to time (the "Plan"). Each RSU represents the contingent right to receive one Issuer ordinary share. Each RSU fully vests on September 17, 2026, subject to the Reporting Person's continuous service with the Issuer through the vesting date.
Remarks:
Mr. Rohan Malhotra is the Chief Executive Officer and Director of the Issuer.
/s/ Jean-Noel Gallardo, Attorney-in-fact 03/03/2026
** 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.

FAQ

What insider transaction did Rohan Malhotra report for Roadzen (RDZN)?

Rohan Malhotra reported buying 19,085 Roadzen ordinary shares in an open-market transaction. The purchase occurred on March 2, 2026 at a weighted average price of $1.37 per share, as disclosed in his Form 4 filing with the Securities and Exchange Commission.

At what price did Rohan Malhotra buy Roadzen (RDZN) shares in this Form 4?

He bought the Roadzen ordinary shares at a weighted average price of $1.37 per share. The filing explains individual trades occurred between $1.34 and $1.38, and Malhotra undertakes to provide detailed price breakdowns upon request to investors or regulators.

How many Roadzen (RDZN) shares does Rohan Malhotra own directly after this transaction?

After the reported purchase, Malhotra directly owns 849,642 Roadzen ordinary shares. This figure reflects his direct holdings immediately following the 19,085-share open-market buy disclosed in the Form 4, separate from any indirect holdings or restricted stock units mentioned in footnotes.

Does Rohan Malhotra have indirect ownership interests in Roadzen (RDZN)?

Yes. The filing states that Avacara Pte Ltd. and RM Securities LLC are record holders of certain Roadzen shares. As majority shareholder or sole member, Malhotra may be deemed a beneficial owner but disclaims beneficial ownership except for his pecuniary interest in those entities’ holdings.

What does the Form 4 say about Rohan Malhotra’s restricted stock units in Roadzen (RDZN)?

The Form 4 notes restricted stock units granted under Roadzen’s 2023 Omnibus Incentive Plan. Each RSU represents the right to receive one ordinary share, and all of these RSUs fully vest on September 17, 2026, provided Malhotra continues serving the company through that vesting date.
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