Form 4 for ROOT Root, Inc.
Accepted 2025-04-03 00:00:00 ET · period of report 2025-04-01 · accession 0001628280-25-016644 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-04-03 | 2025-04-01 | ROOT | Bonakdarpour Mahtiyar | Pres, CTO | F - Tax | $128.60 | -22.0K | 284.0K | -7% | -$2.82M |
| D | 2025-04-03 | 2025-04-01 | ROOT | Bonakdarpour Mahtiyar | Pres, CTO | M - OptEx | $0.00 | +28.7K | 305.4K | +10% | $0 |
| D | 2025-04-03 | 2025-04-02 | ROOT | Bonakdarpour Mahtiyar | Pres, CTO | S - Sale+OE | $124.78 | -5,515 | 286.9K | -2% | -$688.2K |
| D | 2025-04-03 | 2025-04-01 | ROOT | Bonakdarpour Mahtiyar | Pres, CTO | M - OptEx | $0.00 | -28.7K | 100.4K | -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 | F | D | 13,014 | $128.60 | 292,416 | 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. |
| 2 | Common | Class A Common Stock | 2025-04-01 | M | A | 28,695 | $0.00 | 305,430 | D | — | — | |
| 3 | Common | Class A Common Stock | 2025-04-01 | F | D | 7,271 | $128.60 | 276,735 | 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 | Common | Class A Common Stock | 2025-04-02 | S | D | 5,515 | $124.78 | 286,901 | D | — | — | (F2) The shares were sold pursuant to a 10b5-1 trading plan. |
| 5 | Common | Class A Common Stock | 2025-04-01 | F | D | 1,669 | $128.60 | 284,006 | 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. |
| 6 | Derivative | Performance-Based Restricted Stock Units | 2025-04-01 | M | D | 28,695 | $0.00 | 100,433 | D | — · — to 2028-04-01 | 28,695 Class A Common Stock | (F4) 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 14,348 on April 1, 2024; 28,695 on April 1, 2025; 43,043 on April 1, 2026; and 57,390 on April 1, 2027 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. |