Root, Inc.·4

Apr 8, 4:58 PM ET

Allison Jonathan 4

Research Summary

AI-generated summary

Updated

Root (ROOT) Chief Administrative Officer Allison Jonathan Sells 1,706 Shares

What Happened
Allison Jonathan, Chief Administrative Officer of Root, Inc. (ROOT), sold 1,706 shares on April 7, 2026, at $44.35 per share for total proceeds of $75,661. The transaction is reported as a sale (S) and was executed under a pre-established 10b5-1 trading plan, which typically schedules trades in advance.

Key Details

  • Transaction date: April 7, 2026; Filing date: April 8, 2026 (filed promptly the next day).
  • Sale: 1,706 shares at $44.35 per share; total value $75,661.
  • Shares owned after transaction: Not disclosed in the provided filing.
  • Footnote: F1 — Shares were sold pursuant to a 10b5-1 trading plan.
  • Timeliness: Filing appears timely (reported the day after the trade).

Context
A 10b5-1 plan allows insiders to sell shares according to a predetermined schedule and is often used to avoid questions about trade timing; it does not necessarily reflect the insider’s current view of the company. Sales are common and can be routine for diversification, tax planning, or liquidity; this report is factual and does not imply insider sentiment.