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Root, Inc.·4

Jun 4, 5:26 PM ET

DEVARD JERRI 4

Research Summary

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Root (ROOT) Director Devard Jerri Receives 2,864 Share Award

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.