Form 4 for ROOT Root, Inc.
Accepted 2025-04-03 00:00:00 ET · period of report 2025-04-01 · accession 0001628280-25-016650 · 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 | Timm Alexander E. | CEO, Dir, 10% | S - Sale+OE | $126.02 | -8,497 | 161.6K | -5% | -$1.07M |
| DM | 2025-04-03 | 2025-04-01 | ROOT | Timm Alexander E. | CEO, Dir, 10% | F - Tax | $128.60 | -31.6K | 166.3K | -16% | -$4.07M |
| D | 2025-04-03 | 2025-04-01 | ROOT | Timm Alexander E. | CEO, Dir, 10% | M - OptEx | $0.00 | +42.0K | 203.6K | +26% | $0 |
| D | 2025-04-03 | 2025-04-01 | ROOT | Timm Alexander E. | CEO, Dir, 10% | M - OptEx | $0.00 | -42.0K | 146.9K | -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 | 2025-04-02 | S | D | 7,353 | $124.78 | 176,899 | D | — | — | (F2) The shares were sold pursuant to a 10b5-1 trading plan. |
| 2 | Common | Class A Common Stock | 2025-04-01 | F | D | 19,352 | $128.60 | 184,252 | 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 | M | A | 41,979 | $0.00 | 203,604 | D | — | — | |
| 4 | Common | Class A Common Stock | 2025-04-01 | F | D | 3,537 | $128.60 | 162,769 | 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. |
| 5 | Common | Class A Common Stock | 2025-04-01 | F | D | 8,736 | $128.60 | 166,306 | 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 | Common | Class A Common Stock | 2025-04-01 | S | D | 1,144 | $134.01 | 161,625 | D | — | — | (F2) The shares were sold pursuant to a 10b5-1 trading plan. |
| 7 | Derivative | Performance-Based Restricted Stock Units | 2025-04-01 | M | D | 41,979 | $0.00 | 146,927 | D | — · — to 2028-04-01 | 41,979 Class A Common Stock | (F3) 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 20,990 on April 1, 2024; 41,979 on April 1, 2025; 62,969 on April 1, 2026; and 83,958 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. |