Key facts
- This page summarizes Alexander E. Timm's Form 4/A filing for Root, Inc. (ROOT).
- 5 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 03 Apr 2024, 18:58.
Alexander E. Timm - 01 Apr 2024 Form 4/A 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/A
- Accepted by SEC
- 03 Apr 2024, 18:58:11 UTC
- Original report date
- 03 Apr 2024
- 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.
6 source fields
Reporting owner
1 detail
Key filing fact
Alexander E. Timm filed Form 4/A 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/A 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
- Footnotes
- F2
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
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 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
Represents the grant of restricted stock units, one-half of which vest on April 1, 2025 and the remainder vest on April 1, 2026.
Footnote F3
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.
SEC remarks
This amendment is being filed to amend the Form 4 filed on April 3, 2024, to include footnote 2, which was omitted from the original filing.