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Root, Inc. — Director's Dealing 2025
Apr 4, 2025
31970_dirs_2025-04-03_8880e834-6e9d-42f4-8afc-c6fdda9e70bd.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Root, Inc. (ROOT)
CIK: 0001788882
Period of Report: 2025-04-01
Reporting Person: Allison Jonathan (Chief Administrative Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-04-01 | Class A Common Stock | F | 7862 | $128.60 | Disposed | 52303 | Direct |
| 2025-04-01 | Class A Common Stock | M | 4295 | — | Acquired | 56598 | Direct |
| 2025-04-01 | Class A Common Stock | F | 1948 | $128.60 | Disposed | 54650 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-04-01 | Performance-Based Restricted Stock Units | $ | M | 4295 | Disposed | 2028-04-01 | Class A Common Stock (4295) | Direct |
Footnotes
F1: These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units.
F2: Each Performance-Based Restricted Stock Unit ("PSU") represents a contingent right to receive one share of ROOT Class A common stock. The PSUs vest in tranches of 2,147 on April 1, 2024; 4,295 on April 1, 2025; 6,442 on April 1, 2026; and 8,589 on April 1, 2027 and upon ROOT Class A common stock achieving a specified average closing price per share over 45 consecutive trading days on or after such dates. Per share price achievement levels for the four tranches are: $16.76; $25.14; $33.52; and $41.90.