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 $14.22 per share.
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 $14.22 per share. Following this trade, he directly holds 1,602,013 common shares. He also holds a stock option granted on October 1, 2021 to buy 5,000,000 common shares at an exercise price of $23.00 per share, expiring on October 1, 2031. The option vested as to one fourth of the shares on October 1, 2022 and continues vesting in equal sixteenth installments each January 1, April 1, July 1 and October 1 thereafter.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Buyer: 2,000 shares
Net Buy
2 txns
Insider
Patel Paresh
Role
Chief Executive Officer
Bought
2,000 shs ($28K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2,000 | $14.22 | $28K |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,602,013 shares (Direct);
Stock Option (Right to Buy) — 5,000,000 contracts (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
Shares purchased: 2,000 shares
Purchase price: $14.22 per share
Common shares held: 1,602,013 shares
+3 more
6 metrics
Shares purchased
2,000 shares
Open-market common stock purchase on April 7, 2026
Purchase price
$14.22 per share
Price for 2,000 common shares bought
Common shares held
1,602,013 shares
Direct holdings after the reported transaction
Option grant size
5,000,000 shares
Underlying common shares for stock option granted October 1, 2021
Option exercise price
$23.00 per share
Stock option (right to buy) on common stock
Option expiration
October 1, 2031
Expiration date of stock option position
Key Terms
open-market purchase, stock option (right to buy), exercise price, vesting, +1 more
5 terms
open-market purchase financial
"reported an open‑market purchase of 2,000 shares of common stock"
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
"Stock Option (Right to Buy) with an exercise price of $23.00"
exercise price financial
"an option to purchase 5,000,000 shares of common stock at an exercise price of $23.00"
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.
vesting financial
"The option vested with respect to one fourth of the shares on October 1, 2022"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Form 4 regulatory
"This Form 4 filing reflects a modest increase in his directly held common share position"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Exzeo Group (XZO) report for Paresh Patel?
Exzeo Group reported that CEO and director Paresh Patel bought 2,000 shares of common stock in an open‑market transaction at $14.22 per share. This Form 4 filing reflects a modest increase in his directly held common share position.
What stock options on Exzeo Group (XZO) does Paresh Patel hold?
Paresh Patel holds a stock option granted on October 1, 2021 to buy 5,000,000 common shares at an exercise price of $23.00. The option expires on October 1, 2031 and vests over time in scheduled installments.
How does the vesting schedule work for Paresh Patel’s Exzeo Group (XZO) option?
The Form 4 notes the option vested as to one fourth of the 5,000,000 shares on October 1, 2022. The remaining shares vest in one sixteenth increments on each January 1, April 1, July 1 and October 1 thereafter.
What is the exercise price and expiration date of Paresh Patel’s Exzeo Group (XZO) option?
Paresh Patel’s stock option has an exercise price of $23.00 per share for Exzeo Group common stock. According to the Form 4 data, the option is scheduled to expire on October 1, 2031, if not exercised earlier.
AI-generated analysis. How Rhea-AI works. Not financial advice.
