Form 4 for ROOT Root, Inc.
Accepted 2025-03-26 00:00:00 ET · period of report 2025-03-24 · accession 0001628280-25-014964 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-26 | 2025-03-24 | ROOT | Ulman Doug | Dir | S - Sale | $175.00 | -2,000 | 6,201 | -24% | -$350.0K |
| D | 2025-03-26 | 2025-03-24 | ROOT | Ulman Doug | Dir | C - Cnv Deriv | — | +2,000 | 8,201 | +32% | — |
| DM | 2025-03-26 | 2025-03-24 | ROOT | Ulman Doug | Dir | M - OptEx | $0.325 | 0 | 2,000 | New | $0 |
| D | 2025-03-26 | 2025-03-24 | ROOT | Ulman Doug | Dir | C - Cnv Deriv | $0.00 | -2,000 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-03-24 | S | D | 2,000 | $175.00 | 6,201 | D | — | — | (F3) The shares were sold pursuant to a 10b5-1 trading plan. |
| 2 | Common | Class A Common Stock | 2025-03-24 | C | A | 2,000 | — | 8,201 | D | — | — | (F1) Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. (F2) On March 24, 2025, the Reporting Person exercised stock options regarding 2,000 shares of Class B Common Stock (the "Exercise"). Under the terms of the Exercise, the Reporting received 2,000 shares of Class A Common Stock rather than Class B Common Stock. This report reflects the Exercise as the exempt disposition of the stock options, a deemed exempt acquisition of the underlying Class B Common Stock, and a deemed exempt conversion of such Class B Common Stock into Class A Common Stock. |
| 3 | Derivative | Stock Option (Right to Buy) | 2025-03-24 | M | D | 2,000 | $0.00 | 33,352 | D | $0.65 · — to 2027-01-17 | 2,000 Class B Common Stock | (F6) The shares subject to the option are immediately exercisable. One-fourth of the shares subject to the option award vested on October 29, 2017, and thereafter one-forty-eighth of the shares subject to the option award vested monthly. |
| 4 | Derivative | Class B Common Stock | 2025-03-24 | M | A | 2,000 | $0.65 | 2,000 | D | — · — to — | 2,000 Class A Common Stock | (F1) Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. |
| 5 | Derivative | Class B Common Stock | 2025-03-24 | C | D | 2,000 | $0.00 | 0 | D | — · — to — | 2,000 Class A Common Stock | (F1) Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. |