Form 4: Root, Inc. CFO Megan Binkley Reports Transaction
SEC Form 4 Filing
Megan Binkley, CFO of Root, Inc., reports a transaction involving the disposal of Class A Common Stock to cover tax obligations.
Summary
- On November 1, 2024, Megan Binkley, the Chief Financial Officer of Root, Inc., reported a transaction.
- The transaction involved the disposal of 42 shares of Class A Common Stock at a price of $71.01.
- These shares were withheld by Root, Inc. to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Binkley directly owns 69,672 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine Form 4 filing, which is common for corporate insiders who have transactions in their company's stock. It is a regular part of corporate governance and transparency.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of transaction: Disposal of Class A Common Stock. |
| 11/05/2024 | Date of signature on the report. |
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