[Form 4] Root, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Root, Inc. reporting person Forish Ryan, identified as the company's Chief Accounting Officer, reported a transaction on 09/15/2025 related to Class A common stock. The Form 4 shows 499 shares were disposed of (transaction code F) at a price of $100.20 per share. The filing explains these shares were withheld by the issuer to satisfy tax withholding arising from the vesting of restricted stock units. After the withholding, Mr. Ryan beneficially owned 21,772 shares directly. The form is signed on behalf of the reporting person by an attorney-in-fact on 09/16/2025.

Positive

• Disclosure of compensation mechanics (RSU tax withholding) is transparent and clearly explained
• Post-transaction ownership disclosed showing continued direct ownership of 21,772 shares

Negative

• None.

Insights

Financial Analyst

TL;DR Insider share withholding for taxes reduced holdings by 499 shares; transaction appears routine and non-dispositive for valuation.

The Form 4 discloses a tax-withholding disposition of 499 Class A shares tied to RSU vesting, executed at $100.20 per share on 09/15/2025. This is recorded under transaction code F, which indicates a withholding rather than an open-market sale or transfer to a third party. The post-transaction direct beneficial ownership is 21,772 shares. From a financial-materiality perspective, the absolute size of the disposition is small relative to the retained holding and reflects routine compensation settlement rather than a change in ownership strategy.

Corporate Governance Expert

TL;DR The filing documents a standard RSU tax-withholding event by an officer; no governance red flags are evident from this single filing.

The disclosure identifies the reporting person as the Chief Accounting Officer and records withholding of 499 shares to meet tax obligations tied to vested restricted stock units. The use of an attorney-in-fact signature is properly noted with a date of 09/16/2025. There are no indications in this Form 4 of related-party transfers, loans, or other governance concerns; the transaction aligns with common equity compensation administration practices.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Forish Ryan

(Last) (First) (Middle)

C/O ROOT, INC.

80 E. RICH STREET, SUITE 500

(Street)

COLUMBUS OH 43215

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Root, Inc. [ ROOT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/15/2025		F		499(1)	D	$100.2	21,772	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units.

Remarks:

	/s/ Jodi Baker, Attorney-in-fact	09/16/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Root, Inc. (ROOT) Chief Accounting Officer report on Form 4?

The Form 4 reports that Forish Ryan had 499 Class A shares withheld to satisfy tax withholding from RSU vesting on 09/15/2025.

Why were 499 shares disposed of in the ROOT Form 4 filing?

The filing explains the 499 shares were withheld by the issuer to satisfy tax withholding obligations associated with vested restricted stock units.

At what price were the withheld ROOT shares reported?

The transaction lists a price of $100.20 per share.

How many ROOT shares does the reporting person own after the transaction?

Following the withholding, the reporting person beneficially owned 21,772 Class A shares directly.

When was the Form 4 transaction and when was the form signed?

The transaction date is 09/15/2025 and the form bears a signature by an attorney-in-fact dated 09/16/2025.