Forish Ryan 4
Research Summary
AI-generated summary
Root (ROOT) CAO Forish Ryan Receives RSU Award
What Happened
- Forish Ryan, Chief Accounting Officer of Root, Inc. (ROOT), was granted 6,620 restricted stock units (RSUs) on March 11, 2026. The units were reported as acquired at $0.00 per share (award), meaning this was a compensation grant rather than a cash purchase.
- This filing records the award of RSUs; it is not a sale or open-market purchase and does not represent an immediate cash investment or disposition.
Key Details
- Transaction date: 2026-03-11; transaction type/code: A (Award/Grant).
- Shares/units granted: 6,620 RSUs; reported price: $0.00.
- Shares owned after the transaction: not specified in the provided filing details.
- Footnote: One-half of the RSUs vest on the first anniversary of the grant date; the remainder vests quarterly thereafter, evenly (per F1).
- Filing timeliness: no late filing indicated in the provided information.
Context
- RSUs are compensation that convert to actual shares only as they vest; they are commonly used for retention and do not necessarily signal a near-term market view by the insider.
- Tax withholding, eventual sale of vested shares, or other disposition details (if any) were not disclosed in this filing.