Form 4 for ROOT Root, Inc.
Accepted 2025-04-03 00:00:00 ET · period of report 2025-04-01 · accession 0001628280-25-016640 · 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 | 2025-04-03 | 2025-04-01 | ROOT | Binkley Megan | CFO | M - OptEx | $0.00 | +3,184 | 64.6K | +5% | $0 |
| DM | 2025-04-03 | 2025-04-01 | ROOT | Binkley Megan | CFO | F - Tax | $128.60 | -9,618 | 61.5K | -14% | -$1.24M |
| D | 2025-04-03 | 2025-04-01 | ROOT | Binkley Megan | CFO | M - OptEx | $0.00 | -3,184 | 11.1K | -22% | $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 | 2025-04-01 | M | A | 3,184 | $0.00 | 64,649 | D | — | — | |
| 2 | Common | Class A Common Stock | 2025-04-01 | F | D | 1,444 | $128.60 | 63,205 | D | — | — | (F1) These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
| 3 | Common | Class A Common Stock | 2025-04-01 | F | D | 8,174 | $128.60 | 61,465 | D | — | — | (F1) These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
| 4 | Derivative | Performance-Based Restricted Stock Units | 2025-04-01 | M | D | 3,184 | $0.00 | 11,146 | D | — · — to 2028-04-01 | 3,184 Class A Common Stock | (F2) Each Performance-Based Restricted Stock Unit ("PSU") represents a contingent right to receive one share of ROOT Class A common stock. The PSUs vest in tranches of 1,592 on April 1, 2024; 3,184 on April 1, 2025; 4,777 on April 1, 2026; and 6,369 on April 1, 2026 and upon ROOT Class A common stock achieving a specified average closing price per share over 45 consecutive trading days on or after such dates. Per share price achievement levels for the four tranches are: $16.76; $25.14; $33.52; and $41.90. |