Key facts
- This page summarizes Alexander E. Timm's Form 4 filing for Root, Inc. (ROOT).
- 5 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 03 Apr 2024, 17:09.
Alexander E. Timm - 01 Apr 2024 Form 4 Insider Report for Root, Inc. (ROOT)
- Reporting relationship
- Chief Executive Officer, Director, 10%+ Owner
- Issuer ticker
- ROOT
- Reported as of
- 01 Apr 2024
- Net transaction value
- -$815,532
- SEC form
- 4
- Accepted by SEC
- 03 Apr 2024, 17:09:09 UTC
- Prior SEC filing
- 05 Feb 2024
- Next SEC filing
- 03 May 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jodi Baker, Attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Alexander E. Timm filed Form 4 for Root, Inc. (ROOT) on 03 Apr 2024.
Change
- Previous filing in this sequence was filed on 05 Feb 2024.
- Current net transaction value: -$815,532.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ROOT
transaction
Class A Common Stock
Tax liability
- Transaction value
- $214,846
- Shares
- -3,550
- Change %
- -2.3%
- Price
- $60.52
- Shares after
- 151,351
- Date
- 01 Apr 2024
- Ownership
- Direct
- Footnotes
- F1
ROOT
transaction
Class A Common Stock
Award
- Transaction value
- $0
- Shares
- +15,344
- Change %
- +10%
- Price
- $0.000000
- Shares after
- 166,695
- Date
- 01 Apr 2024
- Ownership
- Direct
ROOT
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +20,990
- Change %
- +13%
- Price
- $0.000000
- Shares after
- 187,685
- Date
- 02 Apr 2024
- Ownership
- Direct
ROOT
transaction
Class A Common Stock
Tax liability
- Transaction value
- $600,686
- Shares
- -9,676
- Change %
- -5.2%
- Price
- $62.08
- Shares after
- 178,009
- Date
- 02 Apr 2024
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ROOT
transaction
Derivative
Performance-Based Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -20,990
- Change %
- -10%
- Price
- $0.000000
- Shares after
- 188,906
- Date
- 02 Apr 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 20,990
- Exercise price
- Footnotes
- F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units.
Footnote 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 20,990 on April 1, 2024; 41,979 on April 1, 2025; 62,969 on April 1, 2026; and 83,958 on April 1, 2027 and upon ROOT Class A common stock achieving a specified price per share over 45 consecutive trading days on or after such date. Per share price achievement levels for the four tranches are: $16.76; $25.14; $33.52; and $41.90.