4Filed Mar 22, 8:00 PM ET
Root (ROOT) Chief Administrative Officer Allison Jonathan Sells Shares
$ROOT · Root, Inc.Research Summary
AI-generated summary of this SEC filing
Root (ROOT) Chief Administrative Officer Allison Jonathan Sells Shares
What Happened
Allison Jonathan, Chief Administrative Officer of Root, Inc. (ROOT), sold 3,990 shares on 2026-03-20 at $44.78 per share, for total proceeds of $178,672. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date and price: 2026-03-20 — 3,990 shares at $44.78 each.
- Total value: $178,672 (gross proceeds).
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnote: Sale was made pursuant to a pre-established 10b5-1 trading plan.
- Filing: Form 4 filed 2026-03-23 reporting the 2026-03-20 transaction; the filing does not indicate a late-report flag.
Context
A 10b5-1 plan lets insiders execute pre-arranged trades on a set schedule or according to predetermined rules; such sales are commonly used for routine liquidity and do not necessarily signal a change in the insider’s view of the company. Sales are generally less informative than purchases for signaling conviction.