[Form 4] Root, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Root, Inc. insider sale due to tax withholding — The filing shows that Ryan Forish, Chief Accounting Officer and director at Root, Inc. (ROOT), had 1,195 shares of Class A common stock disposed on 09/22/2025 at a price of $102.88 per share. The form states these shares were withheld by the issuer to satisfy tax withholding obligations related to the vesting of restricted stock units. After the transaction, Forish beneficially owns 20,577 shares of Class A common stock, held directly. The filing was signed on 09/23/2025 by an attorney-in-fact.

Insights

Securities Analyst

TL;DR: Routine withholding of vested RSU shares for taxes; not a market-moving event on its own.

The transaction is a non-discretionary tax withholding tied to RSU vesting rather than an open-market sale, indicating the officer did not initiate a sale for liquidity or signaling. The disposal of 1,195 shares at $102.88 reduced the reporting person’s direct holdings to 20,577 shares. For investors, this is administrative and does not change ownership significantly relative to typical insider holdings disclosures.

Corporate Governance Expert

TL;DR: Administrative compliance filing showing proper withholding; no governance red flags evident.

The Form 4 documents standard issuer action to satisfy tax liabilities upon RSU vesting. The reporting person is an officer and director, and the form is executed by an attorney-in-fact, which is common. There are no indications of opportunistic trading, pledging, or change in control from this entry alone.

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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OMB Number:			3235-0287
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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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

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)
09/22/2025

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	09/22/2025		F		1,195(1)	D	$102.88	20,577	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	09/23/2025
	** 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 Ryan Forish report on the Form 4 for ROOT?

The filing reports the disposal of 1,195 Class A shares on 09/22/2025 at $102.88 per share due to tax withholding from RSU vesting.

Why were the 1,195 shares disposed according to the Form 4?

The shares were withheld by the issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units.

How many Root, Inc. shares does the reporting person own after the transaction?

After the reported transaction, the reporting person beneficially owns 20,577 shares of Class A common stock, held directly.

What is the reporting person’s role at Root, Inc. listed on the Form 4?

The reporting person, Ryan Forish, is listed as a Director and Officer with the title Chief Accounting Officer.

When was the Form 4 signed and by whom?

The Form 4 includes a signature by /s/ Jodi Baker, Attorney-in-fact dated 09/23/2025.