Exzeo Group (XZO) CEO sets 10b5-1 plan to purchase up to 100,000 shares
Rhea-AI Filing Summary
Exzeo Group, Inc. disclosed that Chief Executive Officer Paresh Patel has adopted a pre-arranged Rule 10b5-1 trading plan to purchase the company’s common stock. The plan allows him to acquire up to 100,000 shares or a total of $2 million of stock, whichever limit is reached first, through a series of transactions.
Purchases under the plan will occur only if Exzeo’s share price is below specific maximum price thresholds set in the plan. The 10b5-1 plan runs until December 18, 2026, unless it ends earlier because the full share or dollar limit is reached or certain other conditions occur. Any transactions made under this plan will be reported on Form 4 insider trading reports filed with the SEC.
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FAQ
What insider trading plan did Exzeo Group (XZO) announce?
Exzeo Group reported that CEO Paresh Patel entered into a Rule 10b5-1 trading plan to acquire shares of the company’s common stock under a pre-arranged schedule.
How many Exzeo Group (XZO) shares can the CEO buy under the 10b5-1 plan?
Under the plan, the CEO may acquire up to 100,000 shares or $2 million of Exzeo Group common stock, whichever limit is reached first.
What is the time frame of Paresh Patel’s 10b5-1 stock purchase plan at Exzeo Group (XZO)?
The 10b5-1 plan is scheduled to run from December 18, 2025 until December 18, 2026, unless it ends earlier upon reaching the share or dollar cap or other specified conditions.
What pricing conditions apply to the Exzeo Group (XZO) CEO’s share purchases?
Shares will be acquired only if the market price of Exzeo Group’s common stock is below certain maximum price thresholds specified in the 10b5-1 plan.
How will transactions under the Exzeo Group (XZO) CEO’s 10b5-1 plan be reported?
Any trades executed under the plan will be disclosed in one or more Form 4 filings with the Securities and Exchange Commission.
Is Exzeo Group obligated to report changes to the CEO’s 10b5-1 plan?
Exzeo Group stated it does not undertake any obligation to report modifications or terminations of the plan, except when required by law.