Root (ROOT) Director Nancy Kramer Receives 2,864-Share Award

What Happened
Nancy J. Kramer, a director of Root, Inc. (ROOT), received an award of 2,864 shares on 2026-06-03. The reported acquisition price is $0.00, reflecting a grant of restricted stock units (RSUs) rather than an open-market purchase or sale. This is a compensation award under the company policy, not a sale or cash purchase.

Key Details

• Transaction type: Award/Grant (code A) — restricted stock units.
• Transaction date: 2026-06-03; Form 4 filed on 2026-06-04 (timely filing).
• Shares granted: 2,864; acquisition price reported as $0.00.
• Shares owned after the transaction: not specified in the provided filing.
• Footnote: F1 — grant made in accordance with Root’s Non-Employee Director Compensation Policy.
• No indication of immediate sale or cashless exercise in this filing; vesting schedule and any holding restrictions are not detailed.

Context
Grants to non-employee directors are common as part of board compensation and are typically subject to vesting and other restrictions. Such awards are routine and reflect compensation, not an expressed buy/sell market view by the insider. For retail investors, outright purchases historically carry more direct signaling value than grants, which mainly compensate service.