Form 4: Root Director Gifts Shares to Donor-Advised Fund

Root Inc. Director Doug Ulman reported gifting 2,505 shares of Class A Common Stock to a donor-advised fund.

Summary

• Doug Ulman, a Director of Root, Inc. (ROOT), reported a transaction involving Class A Common Stock.
• On December 1, 2025, Mr. Ulman disposed of 2,505 shares of Class A Common Stock through a gift (transaction code 'G').
• The shares were gifted at a price of $0 per share.
• The transaction represents a contribution to a donor-advised fund.
• Following the reported transaction, Mr. Ulman directly beneficially owns 7,320 shares of Class A Common Stock.
• Additionally, Mr. Ulman indirectly beneficially owns 7,896 shares held by the Douglas E. Ulman Revocable Trust dated March 17, 2016.
• He also indirectly beneficially owns 9,606 shares held by the Douglas E Ulman 2016 Irrevocable Trust, for which his spouse is the trustee.

Sentiment

Score: 5

Explanation: The filing reports a personal transaction (a gift of shares) by a director, which is neutral in terms of company performance or strategic direction.

Industry Context

This filing reports a routine insider transaction (a gift of shares) by a director and does not provide information related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Minimal impact as it represents a small personal transaction by a director, not a company-level event.

Key Dates

Keywords

Root Inc., ROOT, Doug Ulman, Director, Insider Transaction, Form 4, Stock Gift, Beneficial Ownership, Class A Common Stock, Donor-Advised Fund