DEVARD JERRI 4

What Happened

• Devard Jerri, a director of Root, Inc. (ROOT), was granted 2,864 shares (reported as an award/acquisition, code A) on 2026-06-03. The filing shows $0.00 per share (no cash paid)—this reflects a compensation award (restricted stock units) rather than an open-market purchase.

Key Details

• Transaction date: 2026-06-03; Form 4 filed: 2026-06-04 (timely).
• Price reported: $0.00 per share (award/grant); total cash paid shown as $0.
• Shares acquired: 2,864 restricted stock units (RSUs) per footnote F1.
• Shares owned after transaction: not specified in the information provided.
• Footnote: F1 — grant of restricted stock units under the Issuer's Non-Employee Director Compensation Policy.
• Filing timeliness: appears timely (filed the next day); not marked late.

Context

• This was a compensation grant to a non-employee director (typical for board pay). RSUs are awards that generally vest over time and convert to shares upon vesting; they are different from open-market buys or sales and do not necessarily signal the director buying or selling stock.