Form 4: Root Inc. Chief Accounting Officer Ryan Forish Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Ryan Forish, Chief Accounting Officer of Root, Inc., disposed of 166 shares of Class A Common Stock on May 1, 2025, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On May 1, 2025, Ryan Forish, the Chief Accounting Officer of Root, Inc., disposed of 166 shares of Class A Common Stock.
- The transaction was executed to satisfy tax withholding obligations associated with the vesting of restricted stock units.
- The shares were disposed of at a price of $136.63.
- Following the transaction, Forish directly owns 21,182 shares of Root, Inc. Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock disposal for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of stock disposal transaction. |
| 05/05/2025 | Date of signature for the report. |
Keywords
Form 4, Beneficial Ownership, Ryan Forish, Root, Inc., Stock Disposal, Tax Withholding, Class A Common Stock, Restricted Stock Units
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.