Drive Capital-related entities and Christopher Olsen filed an amended Schedule 13G reporting collective beneficial ownership of 307,732 shares of Root, Inc. Class A common stock, representing 2.3% of the outstanding Class A shares based on 13,618,876 shares outstanding. Ownership is held across multiple Delaware and Ohio entities: Drive Capital Overdrive Fund I, Drive Capital Overdrive Fund I (TE), Drive Capital Overdrive Ignition Fund I, Drive Capital Overdrive Fund I (GP), Drive Capital, DC I Investment, Purple Dot, and the Dwight H. Hibbard Family Trust. The filing details sole voting and dispositive power attributed to various entities and notes Christopher Olsen may be deemed to have voting and dispositive power through his roles. The document is an amendment executed and signed by Olsen on 08/14/2025.
Positive
Consolidated disclosure of all affiliated entities' holdings provides transparent reporting of total beneficial ownership
Clear ownership figures: 307,732 shares and the issuer's outstanding share base (13,618,876) permit precise percentage calculation (2.3%)
Attribution of voting/dispositive power is explicitly stated, identifying Christopher Olsen's roles across entities
Negative
None.
Insights
TL;DR: Ownership disclosure shows a modest 2.3% stake spread across affiliated vehicles, insufficient for control but relevant for ownership transparency.
The Schedule 13G/A consolidates holdings across multiple Drive Capital entities and related vehicles, totaling 307,732 shares (2.3%). For investors, this clarifies insider-affiliated ownership concentration and potential coordination of voting rights through Christopher Olsen's managerial and trustee roles. The positions are below 5%, so they do not trigger Schedule 13D control presumptions. The filing cites the issuer's reported outstanding Class A share count of 13,618,876, providing a clear ownership percentage basis.
TL;DR: Disclosure signals centralized decision-making authority in Olsen across multiple entities, although stake is non-controlling at 2.3%.
The amendment details that voting and dispositive powers may be exercised by Drive Capital GP entities and ultimately by Christopher Olsen in several capacities (manager, trustee, managing member). This aggregation of authority is important for governance transparency: while the aggregate economic interest is non-controlling, the filing documents potential coordinated voting influence. The clear attribution of sole voting and dispositive power for each reporting entity meets SEC transparency expectations for related-party holdings.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)
Root, Inc.
(Name of Issuer)
Class A Common Stock
(Title of Class of Securities)
77664L207
(CUSIP Number)
05/21/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
77664L207
1
Names of Reporting Persons
Drive Capital Overdrive Fund I, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
99,687.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
99,687.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
99,687.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.7 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Note to Row 5: 99,687 shares, except that Drive Capital Overdrive Fund I (GP), LLC ("DCOF I GP"), the general partner of Drive Capital Overdrive Fund I, L.P. ("DCOF I"), may be deemed to have sole power to vote these shares, Drive Capital, LLC ("DC"), the manager of DCOF I GP, may be deemed to have sole power to vote these shares, and Christopher Olsen ("Olsen"), the manager of DC, may be deemed to have sole power to vote these shares.
Note to row 6: See response to row 5.
Note to Row 7: 99,687 shares, except that DCOF I GP, the general partner of DCOF I, may be deemed to have sole power to dispose of these shares, and Olsen, the sole member of the investment committee of DCOF I GP, may be deemed to have sole power to dispose of these shares.
Note to row 8: See response to row 7.
Note to Row 11: Based on 13,618,876 shares of Class A Common Stock outstanding as of July 30, 2025, as reported by the Issuer on its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025.
SCHEDULE 13G
CUSIP No.
77664L207
1
Names of Reporting Persons
Drive Capital Overdrive Fund I (TE), L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
48,201.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
48,201.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
48,201.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.4 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Note to Row 5: 48,201 shares, except that DCOF I GP, the general partner of Drive Capital Overdrive Fund I (TE), L.P. ("DCOF I TE"), may be deemed to have sole power to vote these shares, DC, the manager of DCOF I GP, may be deemed to have sole power to vote these shares, and Olsen, the manager of DC, may be deemed to have sole power to vote these shares.
Note to row 6: See response to row 5.
Note to Row 7: 48,201 shares, except that DCOF I GP, the general partner of DCOF I TE, may be deemed to have sole power to dispose of these shares, and Olsen, the sole member of the investment committee of DCOF I GP, may be deemed to have sole power to dispose of these shares.
Note to row 8: See response to row 7.
Note to Row 11: Based on 13,618,876 shares of Class A Common Stock outstanding as of July 30, 2025, as reported by the Issuer on its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025.
SCHEDULE 13G
CUSIP No.
77664L207
1
Names of Reporting Persons
Drive Capital Overdrive Ignition Fund I, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,406.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,406.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,406.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.0 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Note to Row 5: 1,406 shares, except that DCOIF I GP, the general partner of Drive Capital Overdrive Ignition Fund I, L.P. ("DCOIF I"), may be deemed to have sole power to vote these shares, DC, the manager of DCOF I GP, may be deemed to have sole power to vote these shares, and Olsen, the manager of DC, may be deemed to have sole power to vote these shares.
Note to row 6: See response to row 5.
Note to Row 7: 1,406 shares, except that DCOF I GP, the general partner of DCOIF I, may be deemed to have sole power to dispose of these shares, and Olsen, the sole member of the investment committee of DCOF I GP, may be deemed to have sole power to dispose of these shares.
Note to row 8: See response to row 7.
Note to Row 11: Based on 13,618,876 shares of Class A Common Stock outstanding as of July 30, 2025, as reported by the Issuer on its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025.
SCHEDULE 13G
CUSIP No.
77664L207
1
Names of Reporting Persons
Drive Capital Overdrive Fund I (GP), LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
149,294.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
149,294.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
149,294.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.1 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Note to Row 5: 149,294 shares, of which 99,687 shares are directly owned by DCOF I, 48,201 shares are directly owned by DCOF I TE and 1,406 shares are directly owned by DCOIF I. DC, the manager of DCOF I GP, may be deemed to have sole power to vote these shares, and Olsen, the manager of DC, may be deemed to have sole power to vote these shares.
Note to row 6: See response to row 5.
Note to Row 7: 149,294 shares, of which 99,687 shares are directly owned by DCOF I, 48,201 shares are directly owned by DCOF I TE and 1,406 shares are directly owned by DCOIF I. Olsen, the sole member of the investment committee of DCOF I GP, may be deemed to have sole power to dispose of these shares.
Note to row 8: See response to row 7.
Note to Row 11: Based on 13,618,876 shares of Class A Common Stock outstanding as of July 30, 2025, as reported by the Issuer on its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025.
SCHEDULE 13G
CUSIP No.
77664L207
1
Names of Reporting Persons
Drive Capital, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
149,294.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
149,294.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.1 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Note to Row 5: 149,294 shares, of which 99,687 shares are directly owned by DCOF I, 48,201 shares are directly owned by DCOF I TE and 1,406 shares are directly owned by DCOIF I. DC, the manager of DCOF I GP, may be deemed to have sole power to vote these shares, and Olsen, the manager of DC, may be deemed to have sole power to vote these shares.
Note to row 6: See response to row 5.
Note to row 8: See response to row 7.
Note to Row 11: Based on 13,618,876 shares of Class A Common Stock outstanding as of July 30, 2025, as reported by the Issuer on its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025.
SCHEDULE 13G
CUSIP No.
77664L207
1
Names of Reporting Persons
DC I Investment, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
0.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.0 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Note to row 6: See response to row 5.
Note to row 8: See response to row 7.
SCHEDULE 13G
CUSIP No.
77664L207
1
Names of Reporting Persons
Dwight H. Hibbard Family Trust f/b/o Christopher Olsen - Exempt
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
OHIO
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
6,869.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
6,869.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,869.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.1 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Note to Row 5: 6,869 shares, except that Olsen, the sole trustee of Dwight H. Hibbard Family Trust f/b/o Christopher Olsen - Exempt (the "Trust"), may be deemed to have sole power to vote these shares.
Note to row 6: See response to row 5.
Note to Row 7: 6,869 shares, except that Olsen, the sole trustee of the Trust, may be deemed to have sole power to dispose of these shares.
Note to row 8: See response to row 7.
Note to Row 11: Based on 13,618,876 shares of Class A Common Stock outstanding as of July 30, 2025, as reported by the Issuer on its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025.
SCHEDULE 13G
CUSIP No.
77664L207
1
Names of Reporting Persons
Purple Dot, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
OHIO
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
151,569.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
151,569.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
151,569.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.1 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Note to Row 5: 151,569 shares, except that Olsen, the managing member of Purple Dot, LLC ("Purple Dot"), may be deemed to have sole power to vote these shares.
Note to row 6: See response to row 5.
Note to Row 7: 151,569 shares, except that Olsen, the managing member of Purple Dot, may be deemed to have sole power to dispose of these shares.
Note to row 8: See response to row 7.
Note to Row 11: Based on 13,618,876 shares of Class A Common Stock outstanding as of July 30, 2025, as reported by the Issuer on its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025.
SCHEDULE 13G
CUSIP No.
77664L207
1
Names of Reporting Persons
Christopher Olsen
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
307,732.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
307,732.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
307,732.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
2.3 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: Note to Row 5: 307,732 shares, of which 99,687 shares are directly owned by DCOF I, 48,201 shares are directly owned by DCOF I TE, 1,406 shares are directly owned by DCOIF I, 6,869 shares are directly owned by the Trust and 151,569 shares are directly owned by Purple Dot. Olsen is the manager of DC, which is the manager of DCOF I GP, which is the general partner of DCOF I, DCOF I TE and DCOIF I; Olsen is the trustee of the Trust; and Olsen is the managing member of Purple Dot, and may be deemed to have sole power to vote these shares.
Note to row 6: See response to row 5.
Note to Row 7: 307,732 shares, of which 99,687 shares are directly owned by DCOF I, 48,201 shares are directly owned by DCOF I TE, 1,406 shares are directly owned by DCOIF I, 6,869 shares are directly owned by the Trust and 151,569 shares are directly owned by Purple Dot. Olsen is the sole member of the investment committee of DCOF I GP, which is the general partner of DCOF I, DCOF I TE and DCOIF I; Olsen is the trustee of the Trust; and Olsen is the managing member of Purple Dot, and may be deemed to have sole power to dispose of these shares.
Note to row 8: See response to row 7.
Note to Row 11: Based on 13,618,876 shares of Class A Common Stock outstanding as of July 30, 2025, as reported by the Issuer on its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Root, Inc.
(b)
Address of issuer's principal executive offices:
80 E. Rich Street, Suite 500 Columbus, OH, 43215
Item 2.
(a)
Name of person filing:
This Schedule is filed by Drive Capital Overdrive Fund I, L.P. ("DCOF I"), a Delaware limited partnership, Drive Capital Overdrive Fund I (TE), L.P. ("DCOF I TE"), a Delaware limited partnership, Drive Capital Overdrive Ignition Fund I, L.P. ("DCOIF I"), a Delaware limited partnership, Drive Capital Overdrive Fund I (GP), LLC ("DCOF I GP"), a Delaware limited liability company, Drive Capital, LLC ("DC"), a Delaware limited liability company, DC I Investment LLC ("DC I Investment"), a Delaware limited liability company, Dwight H. Hibbard Family Trust f/b/o Christopher Olsen - Exempt (the "Trust"), a trust established under the laws of the state of Ohio, Purple Dot, LLC ("Purple Dot"), an Ohio limited liability company, and Christopher Olsen ("Olsen"), an individual. The foregoing entities and individuals are collectively referred to as the "Reporting Persons."
(b)
Address or principal business office or, if none, residence:
The address for each of DCOF I, DCOF I TE, DCOIF I, DCOF I GP, DC, DC I Investment, Purple Dot and Olsen is:
629 N. High Street, 6th Floor
Columbus, Ohio 43215
The address for the Trust is:
215 N Parkview Avenue
Columbus, Ohio 43209
(c)
Citizenship:
See Row 4 of cover page for each Reporting Person.
(d)
Title of class of securities:
Class A Common Stock
(e)
CUSIP No.:
77664L207
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See Row 9 of cover page for each Reporting Person.
(b)
Percent of class:
See Row 11 of cover page for each Reporting Person.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Row 5 of cover page for each Reporting Person.
(ii) Shared power to vote or to direct the vote:
See Row 6 of cover page for each Reporting Person.
(iii) Sole power to dispose or to direct the disposition of:
See Row 7 of cover page for each Reporting Person.
(iv) Shared power to dispose or to direct the disposition of:
See Row 8 of cover page for each Reporting Person.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Drive Capital Overdrive Fund I, L.P.
Signature:
/s/ Christopher Olsen
Name/Title:
Christopher Olsen, Managing Member of the General Partner
Date:
08/14/2025
Drive Capital Overdrive Fund I (TE), L.P.
Signature:
/s/ Christopher Olsen
Name/Title:
Christopher Olsen, Managing Member of the General Partner
Date:
08/14/2025
Drive Capital Overdrive Ignition Fund I, L.P.
Signature:
/s/ Christopher Olsen
Name/Title:
Christopher Olsen, Managing Member of the General Partner
Date:
08/14/2025
Drive Capital Overdrive Fund I (GP), LLC
Signature:
/s/ Christopher Olsen
Name/Title:
Christopher Olsen, Managing Member
Date:
08/14/2025
Drive Capital, LLC
Signature:
/s/ Christopher Olsen
Name/Title:
Christopher Olsen, Manager
Date:
08/14/2025
DC I Investment, LLC
Signature:
/s/ Christopher Olsen
Name/Title:
Christopher Olsen, Managing Director
Date:
08/14/2025
Dwight H. Hibbard Family Trust f/b/o Christopher Olsen - Exempt
Signature:
/s/ Christopher Olsen
Name/Title:
Christopher Olsen, Trustee
Date:
08/14/2025
Purple Dot, LLC
Signature:
/s/ Christopher Olsen
Name/Title:
Christopher Olsen, Managing Member
Date:
08/14/2025
Christopher Olsen
Signature:
/s/ Christopher Olsen
Name/Title:
Christopher Olsen
Date:
08/14/2025
Exhibit Information
The undersigned hereby agree that a single Schedule 13G (or any amendment thereto) relating to the Class A Common Stock of the Issuer shall be filed on behalf of each of the undersigned and that this Agreement shall be filed as an exhibit to such Schedule 13G.
Date: August 14, 2025
DRIVE CAPITAL OVERDRIVE FUND I, L.P.
By:DRIVE CAPITAL OVERDRIVE FUND I (GP), LLC
Its:General Partner
By:/s/ Christopher Olsen
Name:Christopher Olsen
Title:Managing Member
DRIVE CAPITAL OVERDRIVE FUND I (TE), L.P.
By:DRIVE CAPITAL OVERDRIVE FUND I (GP), LLC
Its:General Partner
By:/s/ Christopher Olsen
Name:Christopher Olsen
Title:Managing Member
DRIVE CAPITAL OVERDRIVE IGNITION FUND I, L.P.
By:DRIVE CAPITAL OVERDRIVE FUND I (GP), LLC
Its:General Partner
By:/s/ Christopher Olsen
Name:Christopher Olsen
Title:Managing Member
DRIVE CAPITAL OVERDRIVE FUND I (GP), LLC
By:/s/ Christopher Olsen
Name:Chritopher Olsen
Title:Managing Member
DRIVE CAPITAL, LLC
By:/s/ Christopher Olsen
Name:Christopher Olsen
Title:Manager
DC I INVESTMENT, LLC
By:/s/ Christopher Olsen
Name:Christopher Olsen
Title:Managing Director
Dwight H. Hibbard Family Trust f/b/o Christopher Olsen - Exempt
By:/s/ Christopher Olsen
Name:Christopher Olsen
Title:Trustee
Purple Dot, LLC
By:/s/ Christopher Olsen
Name:Christopher Olsen
Title:Managing Member
CHRISTOPHER OLSEN
By:/s/ Christopher Olsen
Name:Christopher Olsen
How many Root (ROOT) Class A shares do Drive Capital and affiliates beneficially own?
They report beneficial ownership of 307,732 Class A shares, representing 2.3% of outstanding Class A stock.
What is the total number of Root Class A shares outstanding used in the filing?
The filing uses 13,618,876 Class A shares outstanding as the basis for percentage calculations.
Who may be deemed to have voting and dispositive power over these shares?
The filing states that various Drive Capital GP entities may be deemed to have sole voting and dispositive power and that Christopher Olsen may be deemed to have such powers through his management and trustee roles.
Does this Schedule 13G/A indicate a controlling position in Root?
No. The aggregate reported ownership is 2.3%, which is below the 5% threshold that typically indicates a potentially controlling position under SEC rules.
When was the amended Schedule 13G signed?
The signatures on the amendment are dated 08/14/2025 and are signed by Christopher Olsen in multiple capacities.
An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
You have made too many password recovery requests. Please try again tomorrow.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, to receive support.
