Root (ROOT) director receives 2,864-share restricted stock grant in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hilsheimer Lawrence A. reported acquisition or exercise transactions in this Form 4 filing.
Root, Inc. director Lawrence A. Hilsheimer reported an equity award rather than an open‑market trade. On June 3, 2026, he received 2,864 shares of Class A Common Stock at $0.0000 per share as a grant of restricted stock units under Root's Non-Employee Director Compensation Policy, increasing his direct holdings to 43,859 shares. The filing also shows 1,596 shares held indirectly by an IRA, reported as an existing holding.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hilsheimer Lawrence A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,864 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 43,859 shares (Direct, null);
Class A Common Stock — 1,596 shares (Indirect, by IRA)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 2,864 shares
Grant price: $0.0000 per share
Direct holdings after grant: 43,859 shares
+1 more
4 metrics
RSU grant size
2,864 shares
Restricted stock unit grant on June 3, 2026
Grant price
$0.0000 per share
Stated price for RSU award
Direct holdings after grant
43,859 shares
Class A Common Stock held directly after June 3, 2026 award
Indirect IRA holdings
1,596 shares
Class A Common Stock held indirectly by IRA as of June 3, 2026
Key Terms
restricted stock units, Non-Employee Director Compensation Policy, Class A Common Stock, IRA
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.
IRA financial
"nature_of_ownership: by IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
What insider transaction did Root (ROOT) report for Lawrence A. Hilsheimer?
Root reported that director Lawrence A. Hilsheimer received 2,864 shares of Class A Common Stock as a restricted stock unit grant. The award was made under the company’s Non-Employee Director Compensation Policy and was not an open-market purchase or sale.
Was the Root (ROOT) Form 4 transaction a stock purchase or compensation grant?
The Form 4 shows a compensation grant, not a market purchase. Hilsheimer received 2,864 restricted stock units at a stated price of $0.0000 per share, consistent with an equity award under Root’s Non-Employee Director Compensation Policy for non-employee directors.
What does the 'A' transaction code mean in the Root (ROOT) Form 4?
The 'A' transaction code on the Form 4 indicates a grant, award, or other acquisition. In this case, it reflects the award of 2,864 restricted stock units of Root Class A Common Stock to director Lawrence A. Hilsheimer as part of his director compensation.
How are Lawrence A. Hilsheimer’s indirect Root (ROOT) holdings reported?
The Form 4 reports 1,596 shares of Root Class A Common Stock as held indirectly by an IRA. This line is categorized as a holding entry, indicating the position rather than a new buy or sell transaction on the reported date.