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 $13.26 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 $13.26 per share. Following this transaction, he directly holds 1,670,013 shares of common stock.
The filing also shows a previously granted stock option 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 footnote, this option was granted on October 1, 2021 and vests over time, with one quarter vesting on October 1, 2022 and additional portions vesting on specified quarterly dates thereafter.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2,000 | $13.26 | $27K |
| 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
open-market purchase financial
Stock Option (Right to Buy) financial
vesting financial
exercise price financial
expiration date financial
FAQ
What insider transaction did Exzeo Group (XZO) report for Paresh Patel?
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AI-generated analysis. How Rhea-AI works. Not financial advice.