Form 4: Root Inc. Executive Jonathan Allison Reports Tax-Related Stock Disposal
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
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: Jonathan Allison disposed of 15 shares of Class A Common Stock. |
| 02/20/2025 | Date 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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