Key facts
- This page summarizes Daniel Manges's Form 4 filing for Root, Inc. (ROOT).
- 3 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 02 Jun 2021, 17:33.
Daniel Manges - 28 May 2021 Form 4 Insider Report for Root, Inc. (ROOT)
- Reporting relationship
- Chief Technology Officer, 10%+ Owner
- Issuer ticker
- ROOT
- Reported as of
- 28 May 2021
- Net transaction value
- -$1,320,000
- SEC form
- 4
- Accepted by SEC
- 02 Jun 2021, 17:33:34 UTC
- Prior SEC filing
- 18 May 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Megan Binkley, Attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Daniel Manges filed Form 4 for Root, Inc. (ROOT) on 02 Jun 2021.
Change
- Previous filing in this sequence was filed on 18 May 2021.
- Current net transaction value: -$1,320,000.
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
Conversion of derivative security
- Transaction value
- Shares
- +150,000
- Change %
- Price
- Shares after
- 150,000
- Date
- 28 May 2021
- Ownership
- See footnote
- Footnotes
- F1, F2
ROOT
transaction
Class A Common Stock
Sale
- Transaction value
- $1,320,000
- Shares
- -150,000
- Change %
- -100%
- Price
- $8.80
- Shares after
- 0
- Date
- 01 Jun 2021
- Ownership
- See footnote
- Footnotes
- F2, F3, F4
ROOT
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 287,424
- Date
- 28 May 2021
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ROOT
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -150,000
- Change %
- -1.4%
- Price
- $0.000000
- Shares after
- 10,517,397
- Date
- 28 May 2021
- Ownership
- See footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 150,000
- Exercise price
- Footnotes
- F1, F2
ROOT
holding
Derivative
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,740,572
- Date
- 28 May 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- Exercise price
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
Footnote F2
The shares are held by the Manges Trust dated January 27, 2016 for which the Reporting Person is a trustee.
Footnote F3
The shares were sold pursuant to a 10b5-1 trading plan.
Footnote F4
The shares were sold at prices ranging from $8.61 to $9.20. The reporting person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.