Root CAO has 489 shares withheld for taxes
Rhea-AI Filing Summary
Root, Inc. Chief Accounting Officer Ryan Forish reported a small share disposition related to equity compensation. On the reported date, 489 shares of Class A common stock were withheld by the company at $44.30 per share to cover tax obligations from vesting restricted stock units, rather than being sold on the open market. After this tax-withholding event, Forish directly held 25,827 shares of Root common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 489 shares
Net Sell
1 txn
Insider
Forish Ryan
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 489 | $44.30 | $22K |
Holdings After Transaction:
Class A Common Stock — 25,827 shares (Direct)
Footnotes (1)
- F1. These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units.
FAQ
What insider transaction did Root (ROOT) report for Ryan Forish?
Root reported that Chief Accounting Officer Ryan Forish had 489 Class A shares withheld to satisfy tax obligations from vesting restricted stock units. This is a compensation-related tax-withholding event, not an open-market purchase or sale of Root shares.
What does transaction code F mean in the Root (ROOT) Form 4 filing?
Transaction code F indicates shares were disposed to pay an exercise price or tax liability. In this Root filing, 489 shares were withheld by the issuer to satisfy Ryan Forish’s tax withholding obligations from restricted stock unit vesting, not sold on the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.