Root (ROOT) CFO Megan Binkley Gifts 1,523 Shares

What Happened
Megan Binkley, Chief Financial Officer of Root, Inc. (ROOT), disposed of 1,523 shares on 2026-08-21 as a gift (transaction code G). The reported consideration for the transfer was $0.00, so there was no cash sale or purchase value recorded on the Form 4.

Key Details

• Transaction date: 2026-08-21 — Gift of 1,523 shares (Disposition)
• Reported consideration: $0.00 (typical for a gift)
• Form 4 filed: 2026-08-24 (within the standard SEC filing window)
• Shares owned after the transaction: Not specified in the data provided here (check the full Form 4 for ending beneficial ownership)
• Footnotes/plan info: None provided in the summary supplied

Context
Gifts are disposals for reporting purposes but do not necessarily reflect the insider’s view of the company’s prospects—common reasons include estate planning, family transfers, or charitable donations. For retail investors, purchases by insiders tend to be more informative than gifts; monitor subsequent filings for any cash sales or purchases. For full detail, review the complete Form 4 (Accession: 0001628280-26-058609) filed with the SEC on 2026-08-24.