[144] Root, Inc. SEC Filing

Rhea-AI Filing Summary

Root, Inc. (ROOT) filing a Form 144 notifies the market that 10,861 Class A shares will be offered for sale through Fidelity Brokerage Services on NASDAQ with an aggregate market value of $974,666.14. The shares were acquired by the seller on 04/01/2025 as restricted stock vesting and were granted as compensation. The filing also discloses a sale within the past three months: 8,290 Class A shares sold on 06/02/2025 for gross proceeds of $1,082,674.00. The filer represents compliance with Rule 144 and certifies no undisclosed material adverse information.

Positive

• Full Rule 144 disclosure including broker, acquisition details, and aggregate market value
• Prior sale disclosed: 8,290 shares sold for $1,082,674.00, showing transparency of recent insider transactions
• Securities originated from restricted stock vesting, indicating compensation-based issuance rather than undisclosed purchases

Negative

• Insider sale planned of 10,861 shares valued at $974,666.14, which may be viewed negatively by some investors
• Filing does not specify whether a trading plan (Rule 10b5-1) governs the planned sale

Insights

Financial Analyst

TL;DR: Insider sale of vested restricted stock disclosed; amount is modest relative to outstanding shares and appears routine.

The filing reports a proposed sale of 10,861 Class A shares valued at $974,666.14 and a recent sale of 8,290 shares for $1,082,674.00. With 13,618,876 shares outstanding noted in the filing, these transactions represent a small percentage of total shares outstanding. The acquisition source is restricted stock vesting and payment is recorded as compensation, indicating these shares originated from equity-based pay rather than open-market purchase. The disclosure follows Rule 144 procedures and provides transparency on timing, broker, and prior sales, enabling investors to track insider liquidity events.

Corporate Governance Expert

TL;DR: The Form 144 is a standard, compliant disclosure of insider sales tied to compensation vesting; no governance red flags shown.

The document specifies the seller, broker (Fidelity Brokerage Services), acquisition date (04/01/2025), and that the shares resulted from restricted stock vesting. It also includes a recent sale in June 2025 with gross proceeds disclosed. The signer affirms there is no undisclosed material adverse information, and the filing contains the required attestations about trading plans and Rule 10b5-1 if applicable. Based on the information provided, this appears to be routine insider liquidity rather than an event implying control changes or governance concerns.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	10861	974666.14	13618876	09/02/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	04/01/2025	Restricted Stock Vesting	Issuer			10861	04/01/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Alexander Timm 80 E. Rich Street Suite 500 Columbus OH 43215	Class A	06/02/2025	8290	1082674.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Root, Inc.'s Form 144 say about the planned sale of shares?

The filing notifies a proposed sale of 10,861 Class A shares on NASDAQ through Fidelity with an aggregate market value of $974,666.14.

When and how were the shares that are being sold acquired?

The shares were acquired on 04/01/2025 via restricted stock vesting and were received as compensation.

Has the filer sold any Root (ROOT) shares recently?

Yes. The filing discloses a sale on 06/02/2025 of 8,290 Class A shares for gross proceeds of $1,082,674.00.

Through which broker will the proposed sale occur?

The proposed sale is to be executed through Fidelity Brokerage Services LLC.

How large is the planned sale relative to shares outstanding?

The filing lists 13,618,876 shares outstanding; the proposed sale of 10,861 shares represents a small fraction of that total as disclosed.