Exzeo Group (XZO) CEO Paresh Patel buys 2,000 company shares in open market
Rhea-AI Filing Summary
Exzeo Group, Inc. Chief Executive Officer Paresh Patel reported open-market purchases of company stock. On May 6, 2026, he bought 1,656 shares of Exzeo Group common stock at $17.31 per share and 344 shares at $17.33 per share in direct ownership transactions.
After these purchases, Patel directly holds 1,644,013 shares of common stock. He also holds a stock option granted on October 1, 2021, to purchase 5,000,000 shares of common stock at an exercise price of $23.00 per share, expiring on October 1, 2031. According to the grant terms, one fourth of the option vested on October 1, 2022, with additional vesting in one sixteenth increments each January 1, April 1, July 1 and October 1 thereafter.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Buyer: 2,000 shares
Net Buy
3 txns
Insider
Patel Paresh
Role
Chief Executive Officer
Bought
2,000 shs ($35K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 344 | $17.33 | $6K |
| Purchase | Common Stock | 1,656 | $17.31 | $29K |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,644,013 shares (Direct);
Stock Option (Right to Buy) — 5,000,000 shares (Direct)
Footnotes (1)
- F1. On October 1, 2021, the reporting person was granted an option to purchase 5,000,000 shares of common stock. The option vested with respect to one fourth of the shares on October 1, 2022 and with respect to one sixteenth of the shares on each January 1, April 1, July 1 and October 1 thereafter.
Key Figures
Open-market purchase 1: 1,656 shares at $17.31
Open-market purchase 2: 344 shares at $17.33
Shares owned after trades: 1,644,013 shares
+3 more
6 metrics
Open-market purchase 1
1,656 shares at $17.31
Common stock bought on May 6, 2026
Open-market purchase 2
344 shares at $17.33
Common stock bought on May 6, 2026
Shares owned after trades
1,644,013 shares
Common stock directly owned after May 6, 2026
Stock option size
5,000,000 underlying shares
Option grant dated October 1, 2021
Option exercise price
$23.00 per share
Stock Option (Right to Buy)
Option expiration
October 1, 2031
Stock Option (Right to Buy) expiry
Key Terms
open-market purchase, Stock Option (Right to Buy), exercise price, expiration date, +1 more
5 terms
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 23.0000"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: 2031-10-01T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
vested financial
"The option vested with respect to one fourth of the shares on October 1, 2022"
FAQ
What insider transactions did Exzeo Group (XZO) report for Paresh Patel?
Exzeo Group CEO Paresh Patel reported open-market purchases of common stock. He bought 1,656 shares at $17.31 and 344 shares at $17.33 on May 6, 2026, increasing his directly held position in the company’s shares.
What stock options does Paresh Patel hold in Exzeo Group (XZO)?
Paresh Patel holds a stock option granted on October 1, 2021 to purchase 5,000,000 Exzeo Group common shares at $23.00 per share. The option expires on October 1, 2031 and vests over time according to a specified quarterly schedule.
What is the vesting schedule of Paresh Patel’s 5,000,000 Exzeo Group (XZO) stock options?
The option vests as follows: one fourth of the 5,000,000 shares vested on October 1, 2022, and one sixteenth of the shares vests on each January 1, April 1, July 1 and October 1 thereafter, until fully vested, subject to the original grant terms.
Were Paresh Patel’s recent Exzeo Group (XZO) transactions open-market purchases?
Yes. The Form 4 identifies both common stock transactions with code P, described as purchases in an open market or private transaction. Patel directly acquired 1,656 shares at $17.31 and 344 shares at $17.33 on May 6, 2026 under this classification.
Does the Exzeo Group (XZO) Form 4 show any recent option exercises by Paresh Patel?
The filing lists a stock option for 5,000,000 underlying shares at a $23.00 exercise price with an October 1, 2031 expiration. It is presented as a holding entry, and the summarized data do not show any new option exercises in this particular disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
