Companies Exzeo Group, Inc.
Exzeo (XZO): executive pay, fiscal 2025
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CEO pay, last three years
- $4,225,000FY2025
CEO total pay was $4,225,000 in fiscal 2025; the brief holds no earlier figure for this CEO.
FY2025: salary $475,000 · bonus $3,750,000 · stock awards $0 · option awards $0
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Executives and directors
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Paresh Patel | $475,000 | $3,750,000 | $0 | $0 | $0 | $0 | $0 | $4,225,000 |
| Chief Executive Officer | ||||||||
| Kevin Mitchell | 442,000 | 500,000 | 244,946 | 0 | 0 | 0 | 12,580 | 1,199,526 |
| President | ||||||||
| Suela Bulku | 300,000 | 450,000 | 196,192 | 0 | 0 | 0 | 11,539 | 957,731 |
| Chief Financial Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Paresh Patel | $4,225,000 | — | — | — |
| Kevin Mitchell | 1,199,526 | — | — | — |
| Suela Bulku | 957,731 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
Exzeo's executive compensation program is designed to attract, retain, and motivate highly qualified executives while aligning management's interests with those of shareholders. The Compensation Committee considers executive responsibilities, individual performance, company performance, and market practices.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | false |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Kevin Mitchell | RSA | 2024-12-18 | — | — | 150,000 | — | — |
| Suela Bulku | RSA | 2024-12-18 | — | — | 96,000 | — | — |
| Suela Bulku | RSA | 2025-12-18 | — | — | 10,020 | — | — |
| Kevin Mitchell | RSA | 2025-12-18 | — | — | 12,510 | — | — |
Vehicle mix — grant-date fair value by award type
Grant-level vehicle detail not disclosed.
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Suela Bulku | RSU | 90,020 | — | $2,182,984 |
| Kevin Mitchell | RSU | 137,510 | — | 3,334,616 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Irene HurstIndependent · Nominating and Corporate Governance | $50,000 | $0 | $0 | — | $0 | $50,000 |
| Robert A. Lopes JrIndependent · Nominating and Corporate Governance · Audit · Compensation (Chair) | 50,000 | 0 | 0 | — | 0 | 50,000 |
| James MacchiarolaIndependent · Nominating and Corporate Governance (Chair) · Audit · Compensation | 50,000 | 0 | 0 | — | 0 | 50,000 |
| Loreen SpencerIndependent · Audit (Chair) · Compensation · Nominating and Corporate Governance | 50,000 | 0 | 0 | — | 0 | 50,000 |
| Kevin MitchellEmployee director | — | — | — | — | — | 0 |
| Paresh PatelEmployee director · Board Chair | — | — | — | — | — | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $200,000 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $200,000 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Exzeo as a peer
Companies that benchmark against XZO
No companies currently name XZO as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Exzeo Group, Inc. | 2025 | Paresh Patel | $475,000 | $0 | $0 | $0 | $4,225,000 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (15 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Paresh Patel. DEF 14A, filed 2026-04-29. Section “Summary Compensation Table”. As printed: 4,225,000. View filing ↗
- Section 01, Kevin Mitchell. DEF 14A, filed 2026-04-29. Section “Summary Compensation Table”. As printed: 1,199,526. View filing ↗
- Section 01, Suela Bulku. DEF 14A, filed 2026-04-29. Section “Summary Compensation Table”. As printed: 957,731. View filing ↗
- Section 03, Kevin Mitchell RSA. DEF 14A, filed 2026-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Suela Bulku RSA. DEF 14A, filed 2026-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Suela Bulku RSA. DEF 14A, filed 2026-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Kevin Mitchell RSA. DEF 14A, filed 2026-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 08, Irene Hurst. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 50,000. View filing ↗
- Section 08, Robert A. Lopes Jr. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 50,000. View filing ↗
- Section 08, James Macchiarola. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 50,000. View filing ↗
- Section 08, Loreen Spencer. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 50,000. View filing ↗
- Section 08, Kevin Mitchell. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Paresh Patel. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 09b board cost (computed). Computed. Cash 200,000 + equity 0 + all other 0 = 200,000, summed across the director compensation table rows.
- Exzeo Group, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-29. CEO total compensation as printed in Exzeo Group, Inc.'s own proxy. As printed: 4,225,000. View filing ↗