ROOT.NASDAQRoot, INC

Form 4: Root Inc. Executive Jonathan Allison Reports Tax-Related Stock Disposal

Sentiment:

SEC Form 4 Filing


Chief Administrative Officer Jonathan Allison disposed of 15 shares of Root, Inc. Class A Common Stock on February 18, 2025, to cover tax obligations related to vesting restricted stock units.

Summary

  • On February 18, 2025, Jonathan Allison, Chief Administrative Officer of Root, Inc., disposed of 15 shares of Class A Common Stock.
  • The disposal was to satisfy tax withholding obligations associated with the vesting of restricted stock units.
  • The price per share was $128.33.
  • Following the transaction, Allison directly owns 60,165 shares of Root, Inc. Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't indicate any significant change in the executive's outlook on the company.

Industry Context

Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related stock disposal, which is a common occurrence when restricted stock units vest.

Key Dates

DateDescription
02/18/2025Date of transaction: Jonathan Allison disposed of 15 shares of Class A Common Stock.
02/20/2025Date of signature on the Form 4 filing.

Keywords

Form 4, Insider Trading, Stock Disposal, Tax Withholding, Restricted Stock Units, ROOT, Root, Inc., Jonathan Allison

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