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Root (ROOT) director awarded 2,864 restricted stock units in Form 4 filing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Root, Inc. director Jerri Devard reported an equity compensation grant of Class A Common Stock. On June 3, 2026, Devard acquired 2,864 restricted stock units at a stated price of $0.00 per share, issued under the company’s Non-Employee Director Compensation Policy. After this grant, Devard directly holds 21,396 shares of Root’s Class A Common Stock.

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Insider DEVARD JERRI
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 2,864 $0.00 --
Holdings After Transaction: Class A Common Stock — 21,396 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 2,864 shares Restricted stock units granted on June 3, 2026
Grant price $0.00 per share Stated price for RSU award
Post-transaction holdings 21,396 shares Class A Common Stock held directly after grant
Transaction date June 3, 2026 Date of RSU grant to director
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.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
DEVARD JERRI
(Last)(First)(Middle)
C/O ROOT, INC.
80 E RICH STREET, SUITE 500
(Street)
COLUMBUS OHIO 43215
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Root, Inc. [ ROOT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/03/2026A2,864(1)A$021,396D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the grant of restricted stock units in accordance with the Issuer's Non-Employee Director Compensation Policy.
Remarks:
/s/ Jodi Baker, Attorney-in-fact06/04/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Root (ROOT) report for director Jerri Devard?

Root director Jerri Devard reported receiving 2,864 restricted stock units of Class A Common Stock. The award was granted on June 3, 2026 under Root’s Non-Employee Director Compensation Policy and reflects stock-based compensation rather than an open-market purchase.

How many Root (ROOT) shares does Jerri Devard hold after this Form 4?

After the reported grant, Jerri Devard directly holds 21,396 shares of Root Class A Common Stock. This total includes the newly granted 2,864 restricted stock units, which were issued as part of Root’s Non-Employee Director Compensation Policy for non-employee board members.

Was the Root (ROOT) stock grant to Jerri Devard an open-market purchase?

No, the transaction was coded as a grant or award, not an open-market purchase. The 2,864 restricted stock units were provided at a stated price of $0.00 per share under Root’s Non-Employee Director Compensation Policy, indicating standard equity compensation for a director.

What type of security did Root (ROOT) grant to Jerri Devard?

Root granted restricted stock units linked to its Class A Common Stock. The Form 4 states this award represents the grant of restricted stock units in accordance with Root’s Non-Employee Director Compensation Policy, providing equity-based compensation instead of cash.

Does the Root (ROOT) Form 4 show any stock sales by Jerri Devard?

The Form 4 shows only an acquisition through a grant of 2,864 restricted stock units and no sales. Transaction summaries list one acquisition and zero dispositions, highlighting that this filing reflects compensation rather than selling activity in Root’s stock.