Director at Root, Inc. (ROOT) granted 2,864 stock units as pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dorsey Donna reported acquisition or exercise transactions in this Form 4 filing.
Root, Inc. director Donna Dorsey reported an equity compensation grant rather than an open-market trade. On the reported date, she received 2,864 shares in the form of restricted stock units granted under Root’s Non-Employee Director Compensation Policy at a stated price of $0.00 per share. Following this award, her direct holdings of Class A Common Stock increased to 12,820 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dorsey Donna
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,864 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 12,820 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 2,864 shares
Grant price per share: $0.00 per share
Shares held after grant: 12,820 shares
+2 more
5 metrics
Shares granted
2,864 shares
Restricted stock unit award to director Donna Dorsey
Grant price per share
$0.00 per share
Stated transaction price for RSU grant
Shares held after grant
12,820 shares
Donna Dorsey direct Class A Common Stock holdings post-transaction
Transaction code
A
Indicates grant, award, or other acquisition on Form 4
Transaction direction
acquire
Non-derivative acquisition of equity via compensation grant
Key Terms
restricted stock units, Non-Employee Director Compensation Policy, Class A Common Stock, Grant, award, or other acquisition
4 terms
restricted stock units financial
"Represents the grant of restricted stock units in accordance with the Issuer's Non-Employee Director Compensation Policy."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Non-Employee Director Compensation Policy financial
"Represents the grant of restricted stock units in accordance with the Issuer's Non-Employee Director Compensation Policy."
Class A Common Stock financial
"security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Grant, award, or other acquisition regulatory
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Root (ROOT) disclose for director Donna Dorsey?
Root disclosed that director Donna Dorsey received an equity grant. She was awarded 2,864 restricted stock units representing Class A Common Stock as part of Root’s Non-Employee Director Compensation Policy, rather than buying shares in the open market.
What are Donna Dorsey’s Root (ROOT) holdings after this reported grant?
After the grant, Donna Dorsey directly holds 12,820 shares of Root Class A Common Stock. This total reflects her position including the 2,864 restricted stock units that were awarded pursuant to the company’s Non-Employee Director Compensation Policy.
Was the Root (ROOT) Form 4 transaction a stock purchase or compensation grant?
The transaction was a compensation grant, not a purchase. The Form 4 describes an “A” code transaction, indicating a grant or award of 2,864 restricted stock units to director Donna Dorsey under Root’s Non-Employee Director Compensation Policy.