RDZN insider Rohan Malhotra reports 12,000-share open-market buy

Rhea-AI Filing Summary

Roadzen Inc. (RDZN) Chief Executive Officer and Director Rohan Malhotra reported an open-market purchase of 12,000 ordinary shares on November 21, 2025 at a weighted average price of $1.43 per share. These trades occurred in multiple transactions at prices between $1.42 and $1.49. Following this purchase, he directly holds 819,837 ordinary shares and is reported as having beneficial ownership of additional shares held through Avacara Pte Ltd and RM Securities LLC, as well as 5,616,485 ordinary shares underlying restricted stock units that vest on September 17, 2026, subject to continued service.

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

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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)
11/21/2025

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
Ordinary Shares	11/21/2025		P		12,000	A	$1.43(1)	819,837	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 $1.42 to $1.49, 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	11/25/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Roadzen (RDZN) report in this Form 4?

The filing reports that CEO and Director Rohan Malhotra purchased 12,000 Roadzen ordinary shares in the open market on November 21, 2025 at a weighted average price of $1.43 per share.

Over what price range did the Roadzen (RDZN) insider share purchases occur?

The 12,000 shares reported were bought in multiple transactions at prices ranging from $1.42 to $1.49 per share, with the reported price being a weighted average.

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

After the reported purchase, Rohan Malhotra directly owns 819,837 ordinary shares of Roadzen Inc.

What indirect Roadzen (RDZN) holdings are attributed to Rohan Malhotra?

Indirect holdings are reported through Avacara Pte Ltd, which holds 17,577,213 ordinary shares, and RM Securities LLC, which holds 45,854 ordinary shares. He may be deemed to have beneficial ownership through his roles in these entities, subject to his pecuniary interest.

What Roadzen (RDZN) restricted stock units (RSUs) are reported for Rohan Malhotra?

The filing shows 5,616,485 ordinary shares underlying RSUs issued under the Roadzen Inc. 2023 Omnibus Incentive Plan. Each RSU represents one ordinary share and fully vests on September 17, 2026, subject to his continuous service.

What is Rohan Malhotra’s role at Roadzen (RDZN)?

Rohan Malhotra is identified as the Chief Executive Officer and a Director of Roadzen Inc., and is also reported as a 10% owner.