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Roadzen (RDZN) director reports 463,085-share distribution and indirect stake

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

Rhea-AI Filing Summary

Roadzen Inc. director Steven J. Carlson reported changes in how he holds company ordinary shares. On February 2, 2026, he received 463,085 ordinary shares at a price of $0.0000 per share through a pro rata distribution from Magellan Global, and now holds these shares directly. The filing also reports 892,857 ordinary shares held indirectly by Marco Polo Securities, Inc., where Mr. Carlson is chief executive officer. He may be deemed to have beneficial ownership of those indirectly held shares but disclaims beneficial ownership except to the extent of his pecuniary interest.

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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*
Carlson Steven J.

(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)
02/02/2026
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 02/02/2026 J(1) 463,085 A $0 463,085 D
Ordinary Shares 892,857 I See footnote(2)
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. Pro rata distribution from Magellan Global, of which the reporting person is a non-managing member.
2. Marco Polo Securities, Inc. ("MP") is the record holder of these ordinary shares. Mr. Carlson is the chief executive officer of MP, a corporation incorporated in the State of New York with offices located at 1230 Avenue of the Americas, 16th Floor, New York, NY 10020, and as such may be deemed to have beneficial ownership of the ordinary shares held directly by MP. Mr. Carlson disclaims any beneficial ownership of the shares held by MP, except to the extent of his pecuniary interest therein.
/s/ Jean-Noel Gallardo, Attorney-in-Fact 02/19/2026
** 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 transactions did Steven J. Carlson report for RDZN?

Steven J. Carlson reported an other transaction involving 463,085 Roadzen ordinary shares on February 2, 2026. These shares were received at $0.0000 per share via a pro rata distribution from Magellan Global and are now held directly.

How many Roadzen (RDZN) shares does Steven J. Carlson hold directly after this filing?

After the reported transaction, Steven J. Carlson directly holds 463,085 Roadzen ordinary shares. These were received in a pro rata distribution from Magellan Global at $0.0000 per share, classified as an other acquisition or disposition under transaction code J.

What indirect Roadzen (RDZN) holdings are associated with Steven J. Carlson?

The filing shows 892,857 Roadzen ordinary shares held indirectly through Marco Polo Securities, Inc.. Carlson is Marco Polo’s chief executive officer and may be deemed to have beneficial ownership, but he disclaims beneficial ownership except for his pecuniary interest in those shares.

What does transaction code J mean in the Roadzen (RDZN) Form 4?

Transaction code J on this Form 4 is described as an other acquisition or disposition of securities. In this case, it reflects a pro rata distribution of 463,085 ordinary shares from Magellan Global to Steven J. Carlson at $0.0000 per share.

Did Steven J. Carlson buy or sell Roadzen (RDZN) shares on the open market?

The Form 4 does not report any open-market purchases or sales. Instead, it records an other transaction: a pro rata distribution of 463,085 ordinary shares from Magellan Global, and separately discloses indirect holdings through Marco Polo Securities, Inc.

How does Steven J. Carlson describe his beneficial ownership of indirectly held RDZN shares?

Carlson notes that Marco Polo Securities, Inc. is the record holder of 892,857 ordinary shares. As its CEO, he may be deemed a beneficial owner but disclaims beneficial ownership of those shares, except to the extent of his pecuniary interest in them.
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