Exzeo CEO buys 2,000 shares in open market
Exzeo Group, Inc. director and Chief Executive Officer Paresh Patel reported an open-market purchase of 2,000 shares of common stock at $15.11 per share.
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Rhea-AI Filing Summary
Exzeo Group, Inc. director and Chief Executive Officer Paresh Patel reported an open-market purchase of 2,000 shares of common stock at $15.11 per share. Following this trade, he owns 1,646,013 common shares directly.
Patel also holds a stock option to buy 5,000,000 shares of common stock at an exercise price of $23.00 per share, expiring on October 1, 2031. The option was granted on October 1, 2021 and vests over time, with one quarter vesting on October 1, 2022 and additional portions vesting on January 1, April 1, July 1 and October 1 of subsequent years.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2,000 | $15.11 | $30K |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
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
Key Terms
Stock Option (Right to Buy) financial
open-market purchase financial
exercise price financial
expiration date financial
vesting financial
FAQ
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What insider transaction did Exzeo Group (XZO) report for Paresh Patel?
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