Allison Jonathan 4
Research Summary
AI-generated summary
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.