SCHEDULE: Drive Capital Amends Root Inc. Stake

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%.

Summary

• Drive Capital Overdrive Fund I, L.P. beneficially owns 99,687 shares, representing 0.7% of Root, Inc. Class A Common Stock.
• Drive Capital Overdrive Fund I (TE), L.P. beneficially owns 48,201 shares, representing 0.4% of Root, Inc. Class A Common Stock.
• Drive Capital Overdrive Ignition Fund I, L.P. beneficially owns 1,406 shares, representing 0.0% of Root, Inc. Class A Common Stock.
• Drive Capital Overdrive Fund I (GP), LLC, as the general partner, beneficially owns 149,294 shares, representing 1.1% of Root, Inc. Class A Common Stock.
• Drive Capital, LLC, as the manager, beneficially owns 149,294 shares, representing 1.1% of Root, Inc. Class A Common Stock.
• Dwight H. Hibbard Family Trust f/b/o Christopher Olsen Exempt beneficially owns 6,869 shares, representing 0.1% of Root, Inc. Class A Common Stock.
• Purple Dot, LLC beneficially owns 151,569 shares, representing 1.1% of Root, Inc. Class A Common Stock.
• Christopher Olsen, through his various affiliations, beneficially owns an aggregate of 307,732 shares, representing 2.3% of Root, Inc. Class A Common Stock.
• The percentages are based on 13,618,876 shares of Class A Common Stock outstanding as of July 30, 2025, as reported by Root, Inc. on its Quarterly Report on Form 10-Q.

Sentiment

Score: 5

Explanation: The filing is a routine beneficial ownership disclosure and does not contain information that would significantly alter investment sentiment.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Provides transparency regarding institutional and individual ownership stakes in Root, Inc. for shareholders and the market.

Key Dates

Keywords

Root Inc., Class A Common Stock, Beneficial Ownership, Schedule 13G, Drive Capital, Christopher Olsen, Institutional Ownership