Key facts
- This page summarizes Meyer Malka's Form 4 filing for Root, Inc. (ROOT).
- 5 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 30 Apr 2025, 18:15.
Meyer Malka - 28 Apr 2025 Form 4 Insider Report for Root, Inc. (ROOT)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- ROOT
- Reported as of
- 28 Apr 2025
- Net transaction value
- -$30,558,066
- SEC form
- 4
- Accepted by SEC
- 30 Apr 2025, 18:15:24 UTC
- Prior SEC filing
- 02 Apr 2025
- Next SEC filing
- 26 Jun 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Meyer Malka
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Meyer Malka filed Form 4 for Root, Inc. (ROOT) on 30 Apr 2025.
Change
- Previous filing in this sequence was filed on 02 Apr 2025.
- Current net transaction value: -$30,558,066.
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
- +728,800
- Change %
- Price
- Shares after
- 728,800
- Date
- 28 Apr 2025
- Ownership
- By Funds
- Footnotes
- F1, F2
ROOT
transaction
Class A Common Stock
Sale
- Transaction value
- $30,416,369
- Shares
- -223,978
- Change %
- -31%
- Price
- $135.80
- Shares after
- 504,822
- Date
- 30 Apr 2025
- Ownership
- By Funds
- Footnotes
- F2, F3, F4
ROOT
transaction
Class A Common Stock
Sale
- Transaction value
- $40,737
- Shares
- -297
- Change %
- -0.06%
- Price
- $137.16
- Shares after
- 504,525
- Date
- 30 Apr 2025
- Ownership
- By Funds
- Footnotes
- F2, F3, F5
ROOT
transaction
Class A Common Stock
Sale
- Transaction value
- $100,960
- Shares
- -725
- Change %
- -0.14%
- Price
- $139.26
- Shares after
- 503,800
- Date
- 30 Apr 2025
- Ownership
- By Funds
- Footnotes
- F2, F3, F6
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
- -728,800
- Change %
- -50%
- Price
- $0.000000
- Shares after
- 728,807
- Date
- 28 Apr 2025
- Ownership
- By Funds
- Underlying class
- Class A Common Stock
- Underlying amount
- 728,800
- Exercise price
- Footnotes
- F1, F2, F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Meyer Malka is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 7 footnotes
Footnote F1
Represents 728,800 shares converted by Ribbit Capital IV, L.P. ("Fund IV"), for itself and as nominee for Ribbit Founder Fund IV, L.P. ("FF IV"), from Class B Common Stock into Class A Common Stock on a one-for-one basis for no consideration. Following the reported transaction, 728,800 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, 492,983 shares of Class B Common Stock are held by Fund IV, for itself and as nominee for FF IV and 235,824 shares of Class B Common Stock are held by RT-E Ribbit Opportunity IV, LLC ("Ribbit RT-E").
Footnote F2
Shares are owned of record by (i) Fund IV, for itself and as nominee for FF IV and (ii) Ribbit RT-E. Meyer Malka is the sole director of Ribbit Capital GP IV, Ltd., which is the general partner of the general partner of Fund IV and FF IV and the general partner of the managing member of RT-E. Each of the Reporting Persons disclaims beneficial ownership of such shares for purposes of Section 16 except to the extent of his or its pecuniary interest therein, if any, and this report shall not be deemed an admission that any of the Reporting Persons is a beneficial owner of such shares for purposes of Section 16 or for any other purpose.
Footnote F3
Represents an aggregate of 225,000 shares sold by Fund IV, for itself and as nominee for FF IV. Following the reported transactions, 503,800 shares of Class A Common Stock are held by Fund IV, for itself and as nominee for Fund IV.
Footnote F4
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $135.80 to $136.71, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected.
Footnote F5
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $137.00 to $137.49, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected.
Footnote F6
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $138.62 to $139.29, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected.
Footnote F7
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.