Root, INC

Root, Inc. announced that its stockholders approved an amendment to its Certificate of Incorporation to exculpate certain officers, effective June 4, 2026.

Root, Inc. announced a $200 million senior secured term loan refinancing and a $75 million share repurchase program, aiming to optimize its capital structure and enhance shareholder value.

Root Inc. announced robust financial results for fiscal year 2025, achieving net income profitability and significant revenue growth driven by its AI and technology-first approach in auto insurance.

Root, Inc. announced record policies-in-force and revenue for Q3 2025, driven by strong growth in net earned premiums and independent agent writings, despite reporting a net loss for the quarter.

Root, Inc. reported record Q2 2025 revenue with gross earned premium up 21% to $371 million and net income improving to $22 million, driven by enhanced pricing and underwriting technology.

Root, Inc. announced the successful passage of all proposals at its 2025 Annual Meeting of Stockholders, including the re-election of two Class II directors, the ratification of its independent auditor, and the advisory approval of named executive officer compensation.

Root, Inc. reported a significant increase in net income for the first quarter of 2026, driven by higher net premiums earned and improved operating efficiencies, despite a decrease in gross premiums written.

Root, Inc. reported a net loss of $5.4 million for Q3 2025, a significant decline from a $22.8 million net income in Q3 2024, despite robust revenue growth driven by increased policies in force and reduced reinsurance.

Root, Inc. reports significant financial improvements for Q2 2025, achieving net income and improved underwriting profitability driven by strategic reinsurance adjustments and growth in its partnership channel.

Root Inc. announces a profitable first quarter in 2025, driven by increased net premiums earned and strategic reductions in reinsurance utilization.

Root Inc. achieved a net income of $22.8 million in the third quarter of 2024, a significant turnaround from a net loss of $45.8 million in the same period last year, primarily due to substantial growth in net premiums earned and a strategic reduction in reinsurance utilization.

Root Inc. demonstrates significant growth in net premiums earned and improved loss ratios in its second quarter 2024 financial results.

Root, Inc. reported a net income of $40.3 million for 2025, marking its second consecutive year of profitability, driven by increased premiums and improved underwriting ratios.

Root, Inc.'s 10-K filing highlights a shift towards profitability amidst ongoing efforts to innovate in the auto insurance market through technology and data science, while navigating a complex regulatory environment.

Root Inc.'s 10-K filing provides a comprehensive overview of its capital structure, regulatory environment, and business operations, highlighting both opportunities and challenges.

Director Lawrence A. Hilsheimer acquired 2,864 restricted stock units of Root, Inc. as part of the company's director compensation policy.

Director Nancy Kramer acquired 2,864 shares of Root, Inc. Class A Common Stock via a restricted stock unit grant.

Director Doug Ulman acquired 2,864 restricted stock units as part of the company's non-employee director compensation policy.

Director Jerri Devard acquired 2,864 shares of Root, Inc. Class A Common Stock via a restricted stock unit grant.

Director Beth Birnbaum received 2,864 restricted stock units as part of the Root, Inc. non-employee director compensation policy.

Director Julie Szudarek acquired 2,864 shares of Root, Inc. Class A Common Stock via a restricted stock unit grant.

Root, Inc. has announced its 2026 Annual Meeting of Stockholders, scheduled for June 3, 2026, to be held virtually, with key proposals including director elections, auditor ratification, executive compensation approval, and a charter amendment for officer exculpation.

Root, Inc. has filed a definitive proxy statement with the Securities and Exchange Commission.

Root, Inc. has scheduled its 2025 Annual Meeting of Stockholders for June 4, 2025, to elect directors, ratify the selection of Deloitte & Touche LLP as the independent accounting firm, and approve executive compensation.

Root, Inc. has filed a definitive proxy statement with the Securities and Exchange Commission.

Root, Inc. will hold its 2024 Annual Meeting of Stockholders virtually on June 5, 2024, to elect directors, ratify the selection of Deloitte & Touche LLP as the independent accounting firm, and approve executive compensation.

Carvana Group, LLC and its affiliates have increased their beneficial ownership in Root, Inc. to 21.2% as additional performance-based warrants became exercisable.

Carvana Group, LLC and its affiliates have increased their beneficial ownership in Root, Inc. to 14.0% of Class A common stock, driven by the exercisability of certain warrants.

Carvana Group, LLC updated its beneficial ownership in Root, Inc., now holding 36.9% of Class A common stock, primarily due to a change in Root's outstanding share count.

Carvana Group, LLC and its affiliates have filed an Amendment No. 9 to their Schedule 13D, updating their beneficial ownership in Root, Inc. to 39.7% of Class A Common Stock, primarily due to a change in Root's reported outstanding shares.

Carvana Group, LLC, Carvana Co. Sub LLC, and Carvana Co. have updated their beneficial ownership in Root, Inc., now holding an aggregate of 41.5% of Class A common stock, primarily through exercisable warrants and convertible preferred stock.

The Vanguard Group filed an amended Schedule 13G, reporting zero beneficial ownership in Root Inc. due to an internal realignment that shifts reporting to its subsidiaries.

The Vanguard Group has reported a 5.32% beneficial ownership stake in Root Inc./OH, holding 724,541 shares of common stock.

Drive Capital and affiliated entities, including Christopher Olsen, have filed an amendment to their beneficial ownership of Root, Inc. Class A Common Stock, reporting an aggregate ownership of 2.3%.

Ribbit Capital and its affiliates have disclosed a beneficial ownership of 8.7% in Root, Inc.'s Class A Common Stock.

Alexander E. Timm has disclosed beneficial ownership of 7.8% of Root, Inc.'s Class A common stock, including convertible Class B shares.

T. Rowe Price Investment Management, Inc. has filed a Schedule 13G, reporting beneficial ownership of 6.1% of Root Inc.'s Class A Common Stock as of March 31, 2025.