Root (ROOT) CAO has 294 shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Root, Inc.’s Chief Accounting Officer Ryan Forish reported a routine tax-related share withholding. On this Form 4, 294 shares of Class A Common Stock were withheld at $45.59 per share to satisfy tax obligations from vesting restricted stock units, rather than sold in the market. After this tax-withholding disposition, Forish directly holds 25,533 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Forish Ryan
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 294 | $45.59 | $13K |
Holdings After Transaction:
Class A Common Stock — 25,533 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Root (ROOT) report for Ryan Forish?
Root reported a Form 4 for Chief Accounting Officer Ryan Forish showing 294 Class A shares withheld to cover tax obligations from vesting restricted stock units, rather than an open-market sale, leaving him with 25,533 directly held shares afterward.
What does the tax-withholding code F mean in the Root (ROOT) Form 4?
Code F on the Form 4 indicates a tax-withholding disposition, where shares are delivered to cover tax or exercise costs. For Root, 294 shares were withheld from Ryan Forish’s vested restricted stock units to satisfy tax obligations, not sold on the open market for cash.