Root, Inc.·4

Mar 16, 4:10 PM ET

Allison Jonathan 4

Research Summary

AI-generated summary

Updated

Root (ROOT) Chief Administrative Officer Jonathan Allison Sells Shares

What Happened

  • Jonathan Allison, Chief Administrative Officer of Root, sold 3,900 shares on March 12, 2026 at $43.61 per share, generating proceeds of approximately $170,079. This was a sale (not a purchase), and the filing indicates the transaction was executed under a pre-established 10b5-1 trading plan, which is commonly used to automate planned insider sales.

Key Details

  • Transaction date: March 12, 2026
  • Price and amount: 3,900 shares at $43.61 each; total proceeds ≈ $170,079
  • Method/code: Sale (open market or private sale), reported as S
  • Footnote: Sold pursuant to a 10b5-1 trading plan (F1)
  • Filing date/timeliness: Form 4 filed March 16, 2026 — filed within the standard two business days (timely)
  • Shares owned after transaction: Not specified in the provided filing excerpt

Context

  • Sales under 10b5-1 plans are typically pre-arranged and do not necessarily signal a change in an insider’s view of the company. For retail investors, purchases are generally more informative of insider conviction; this single routine sale should be viewed as a liquidity event unless additional insider activity or company developments suggest otherwise.