Allison Jonathan 4
4 · Root, Inc. · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Root (ROOT) CAO Allison Jonathan Sells 3,990 Shares
What Happened
Allison Jonathan, Chief Administrative Officer of Root, Inc., sold 3,990 shares on March 17, 2026, at $45.00 per share for total proceeds of $179,550. The transaction is reported as an open-market/private sale (Form 4 code S). This is a sale (not a purchase), which is often routine insider liquidity rather than an explicit signal of company prospects.
Key Details
- Transaction date: 2026-03-17; filing date: 2026-03-18 (timely filing).
- Shares sold: 3,990 at $45.00 per share; total value $179,550.
- Shares owned after transaction: not specified in the provided summary filing.
- Footnote: Sale executed pursuant to a pre-existing 10b5-1 trading plan (per footnote F1).
- Filing status: No late-filing indication in the provided record.
Context
A 10b5-1 plan lets insiders sell predetermined amounts on set schedules and is commonly used to avoid timing issues; such sales are generally considered routine. For retail investors, purchases tend to carry more informative weight than routine sales; this filing documents liquidity by a company officer rather than new insider accumulation.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-03-17$45.00/sh−3,990$179,550→ 85,989 total
Footnotes (1)
- [F1]The shares were sold pursuant to a 10b5-1 trading plan.