Exzeo Group (XZO) CEO adds shares, holds 5M stock options
Filing Impact
Filing Sentiment
Form Type
4
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 $14.94 per share. Following this trade, he directly holds 1,596,013 common shares. He also holds a stock option granted in 2021 to buy 5,000,000 common shares at $23.00 per share, vesting over time through October 1, 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Buyer: 2,000 shares ($29,880)
Net Buy
2 txns
Insider
Patel Paresh
Role
Chief Executive Officer
Bought
2,000 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2,000 | $14.94 | $30K |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,596,013 shares (Direct);
Stock Option (Right to Buy) — 5,000,000 shares (Direct)
Footnotes (1)
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Key Figures
Insider purchase: 2,000 shares
Purchase price: $14.94/share
Direct holdings after trade: 1,596,013 shares
+3 more
6 metrics
Insider purchase
2,000 shares
Open-market buy of common stock
Purchase price
$14.94/share
Price paid for 2,000 common shares
Direct holdings after trade
1,596,013 shares
Common stock held directly by Paresh Patel
Stock option size
5,000,000 shares
Underlying common shares for option grant
Option exercise price
$23.00/share
Strike price of stock option granted October 1, 2021
Option expiration
October 1, 2031
Expiration date of stock option position
Key Terms
open-market purchase, Stock Option (Right to Buy), exercise price, vesting
4 terms
open-market purchase financial
"The transaction was classified as an open-market purchase at $14.94 per share"
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
"He also holds a Stock Option (Right to Buy) for 5,000,000 shares"
exercise price financial
"a stock option to purchase shares at an exercise price of $23.00 per share"
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 and in later tranches"
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.
FAQ
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 $14.94 per share, modestly increasing his direct equity stake in the company’s common stock.
What stock option position 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 an exercise price of $23.00 per share, with vesting in tranches through October 1, 2031.
Did the Form 4 show any Exzeo Group (XZO) insider stock sales?
The Form 4 reported only an open-market purchase of 2,000 Exzeo Group common shares by Paresh Patel and no insider sales. It also listed his existing stock option position as a holding entry, not a new sale or exercise.