4//SEC Filing
Allison Jonathan 4
Accession 0001628280-25-016641
CIK 0001788882other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 6:04 PM ET
Size
10.2 KB
Accession
0001628280-25-016641
Insider Transaction Report
Form 4
Root, Inc.ROOT
Allison Jonathan
Chief Administrative Officer
Transactions
- Tax Payment
Class A Common Stock
2025-04-01$128.60/sh−7,862$1,011,053→ 52,303 total - Exercise/Conversion
Class A Common Stock
2025-04-01+4,295→ 56,598 total - Tax Payment
Class A Common Stock
2025-04-01$128.60/sh−1,948$250,513→ 54,650 total - Exercise/Conversion
Performance-Based Restricted Stock Units
2025-04-01−4,295→ 15,031 totalExp: 2028-04-01→ Class A Common Stock (4,295 underlying)
Footnotes (2)
- [F1]These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units.
- [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 2,147 on April 1, 2024; 4,295 on April 1, 2025; 6,442 on April 1, 2026; and 8,589 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.
Documents
Issuer
Root, Inc.
CIK 0001788882
Entity typeother
Related Parties
1- filerCIK 0001977858
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 6:04 PM ET
- Size
- 10.2 KB