Filing Details
- Accession Number:
- 0001628280-25-029359
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-06-04 16:35:09
- Reporting Period:
- 2025-06-02
- Filing Date:
- 2025-06-04
- Accepted Time:
- 2025-06-04 16:35:09
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1788882 | Root Inc. | ROOT | Fire, Marine & Casualty Insurance (6331) | 842717903 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1913361 | Mahtiyar Bonakdarpour | C/O Root, Inc. 80 E. Rich Street, Suite 500 Columbus OH 43215 | President And Cto | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Disposition | 2025-06-02 | 5,256 | $130.60 | 281,645 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 149,294 | Indirect | See Footnote |
Footnotes
- The shares were sold pursuant to a 10b5-1 trading plan.
- These shares are held by Drive Capital Overdrive Fund I, L.P. ("DCOF I") (99,687), Drive Capital Overdrive Fund I (TE), L.P. ("DCOF I TE") (48,201), and Drive Capital Overdrive Ignition Fund I, L.P. ("DCOIF I") (1,406). Drive Capital Overdrive Fund I (GP), LLC ("DCOIF I GP"), the general partner of each of DCOF I, DCOF I TE and DEOIF I, may be deemed to have sole power to vote these shares. The balance has been updated to reflect shares sold by the holders of the shares. The Reporting Person's spouse does not have voting or investment control over these shares but may be deemed to have an indirect pecuniary interest in such shares through her carried interest in DCOIF I GP. The Reporting Person's exact pecuniary interest is not readily determinable because it is subject to several variables. The Reporting Person disclaims beneficial ownership of any of these shares except to the extent of his spouse's pecuniary interest therein.