ROOT · Root, Inc. · Insider Trading
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-09-21 | Forish Ryan |
Chief Accounting Officer |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
Class A Common Stock
|
294 |
| 2026-09-15 | Forish Ryan |
Chief Accounting Officer |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
Class A Common Stock
|
490 |
| 2026-08-31 | CARVANA GROUP, LLC |
10% Owner |
Other↓
Filing footnotes — Warrant (Right to Buy) (Direct)
On August 31, 2026, Carvana Group, LLC and Root, Inc. entered into a Warrant Cancellation and Exchange Agreement (the "Warrant Cancellation Agreement"), pursuant to which the five Long-Term Warrants previously issued to Carvana Group (the "Cancelled Warrants") were cancelled and exchanged for a new Common Stock Purchase Warrant (the "New Warrant"). The tranches of the New Warrant are subject to certain conditions to exercise, including conditions relating to the achievement of defined insurance sale milestones. The Warrants and Series A Convertible Preferred Stock are held directly by Carvana Group, LLC. Carvana Co. exercises voting and dispositive power over the Warrants. |
Warrant (Right to Buy)
|
1,452,587 |
| 2026-08-31 | CARVANA GROUP, LLC |
10% Owner |
Other↓
Filing footnotes — Warrant (Right to Buy) (Direct)
On August 31, 2026, Carvana Group, LLC and Root, Inc. entered into a Warrant Cancellation and Exchange Agreement (the "Warrant Cancellation Agreement"), pursuant to which the five Long-Term Warrants previously issued to Carvana Group (the "Cancelled Warrants") were cancelled and exchanged for a new Common Stock Purchase Warrant (the "New Warrant"). The tranches of the New Warrant are subject to certain conditions to exercise, including conditions relating to the achievement of defined insurance sale milestones. The Warrants and Series A Convertible Preferred Stock are held directly by Carvana Group, LLC. Carvana Co. exercises voting and dispositive power over the Warrants. |
Warrant (Right to Buy)
|
1,491,907 |
| 2026-08-31 | CARVANA GROUP, LLC |
10% Owner |
Other↑
Filing footnotes — Warrant (Right to Buy) (Direct)
On August 31, 2026, Carvana Group, LLC and Root, Inc. entered into a Warrant Cancellation and Exchange Agreement (the "Warrant Cancellation Agreement"), pursuant to which the five Long-Term Warrants previously issued to Carvana Group (the "Cancelled Warrants") were cancelled and exchanged for a new Common Stock Purchase Warrant (the "New Warrant"). The tranches of the New Warrant are subject to certain conditions to exercise, including conditions relating to the achievement of defined insurance sale milestones. The Warrants and Series A Convertible Preferred Stock are held directly by Carvana Group, LLC. Carvana Co. exercises voting and dispositive power over the Warrants. |
Warrant (Right to Buy)
|
305,112 |
| 2026-08-31 | CARVANA GROUP, LLC |
10% Owner |
Other↓
Filing footnotes — Warrant (Right to Buy) (Direct)
On August 31, 2026, Carvana Group, LLC and Root, Inc. entered into a Warrant Cancellation and Exchange Agreement (the "Warrant Cancellation Agreement"), pursuant to which the five Long-Term Warrants previously issued to Carvana Group (the "Cancelled Warrants") were cancelled and exchanged for a new Common Stock Purchase Warrant (the "New Warrant"). The tranches of the New Warrant are subject to certain conditions to exercise, including conditions relating to the achievement of defined insurance sale milestones. The Warrants and Series A Convertible Preferred Stock are held directly by Carvana Group, LLC. Carvana Co. exercises voting and dispositive power over the Warrants. |
Warrant (Right to Buy)
|
1,287,916 |
| 2026-08-31 | CARVANA GROUP, LLC |
10% Owner |
Other↑
Filing footnotes — Warrant (Right to Buy) (Direct)
On August 31, 2026, Carvana Group, LLC and Root, Inc. entered into a Warrant Cancellation and Exchange Agreement (the "Warrant Cancellation Agreement"), pursuant to which the five Long-Term Warrants previously issued to Carvana Group (the "Cancelled Warrants") were cancelled and exchanged for a new Common Stock Purchase Warrant (the "New Warrant"). The tranches of the New Warrant are subject to certain conditions to exercise, including conditions relating to the achievement of defined insurance sale milestones. The Warrants and Series A Convertible Preferred Stock are held directly by Carvana Group, LLC. Carvana Co. exercises voting and dispositive power over the Warrants. |
Warrant (Right to Buy)
|
305,112 |
| 2026-08-31 | CARVANA GROUP, LLC |
10% Owner |
Other↓
Filing footnotes — Warrant (Right to Buy) (Direct)
On August 31, 2026, Carvana Group, LLC and Root, Inc. entered into a Warrant Cancellation and Exchange Agreement (the "Warrant Cancellation Agreement"), pursuant to which the five Long-Term Warrants previously issued to Carvana Group (the "Cancelled Warrants") were cancelled and exchanged for a new Common Stock Purchase Warrant (the "New Warrant"). The tranches of the New Warrant are subject to certain conditions to exercise, including conditions relating to the achievement of defined insurance sale milestones. The Warrants and Series A Convertible Preferred Stock are held directly by Carvana Group, LLC. Carvana Co. exercises voting and dispositive power over the Warrants. |
Warrant (Right to Buy)
|
1,503,428 |
| 2026-08-31 | CARVANA GROUP, LLC |
10% Owner |
Other↓
Filing footnotes — Warrant (Right to Buy) (Direct)
On August 31, 2026, Carvana Group, LLC and Root, Inc. entered into a Warrant Cancellation and Exchange Agreement (the "Warrant Cancellation Agreement"), pursuant to which the five Long-Term Warrants previously issued to Carvana Group (the "Cancelled Warrants") were cancelled and exchanged for a new Common Stock Purchase Warrant (the "New Warrant"). The tranches of the New Warrant are subject to certain conditions to exercise, including conditions relating to the achievement of defined insurance sale milestones. The Warrants and Series A Convertible Preferred Stock are held directly by Carvana Group, LLC. Carvana Co. exercises voting and dispositive power over the Warrants. |
Warrant (Right to Buy)
|
1,435,820 |
| 2026-08-31 | CARVANA GROUP, LLC |
10% Owner |
Other↑
Filing footnotes — Warrant (Right to Buy) (Direct)
On August 31, 2026, Carvana Group, LLC and Root, Inc. entered into a Warrant Cancellation and Exchange Agreement (the "Warrant Cancellation Agreement"), pursuant to which the five Long-Term Warrants previously issued to Carvana Group (the "Cancelled Warrants") were cancelled and exchanged for a new Common Stock Purchase Warrant (the "New Warrant"). The tranches of the New Warrant are subject to certain conditions to exercise, including conditions relating to the achievement of defined insurance sale milestones. The Warrants and Series A Convertible Preferred Stock are held directly by Carvana Group, LLC. Carvana Co. exercises voting and dispositive power over the Warrants. |
Warrant (Right to Buy)
|
305,112 |
| 2026-08-31 | CARVANA GROUP, LLC |
10% Owner |
Other↑
Filing footnotes — Warrant (Right to Buy) (Direct)
On August 31, 2026, Carvana Group, LLC and Root, Inc. entered into a Warrant Cancellation and Exchange Agreement (the "Warrant Cancellation Agreement"), pursuant to which the five Long-Term Warrants previously issued to Carvana Group (the "Cancelled Warrants") were cancelled and exchanged for a new Common Stock Purchase Warrant (the "New Warrant"). The tranches of the New Warrant are subject to certain conditions to exercise, including conditions relating to the achievement of defined insurance sale milestones. The Warrants and Series A Convertible Preferred Stock are held directly by Carvana Group, LLC. Carvana Co. exercises voting and dispositive power over the Warrants. |
Warrant (Right to Buy)
|
305,112 |
| 2026-08-31 | CARVANA GROUP, LLC |
10% Owner |
Other↑
Filing footnotes — Warrant (Right to Buy) (Direct)
On August 31, 2026, Carvana Group, LLC and Root, Inc. entered into a Warrant Cancellation and Exchange Agreement (the "Warrant Cancellation Agreement"), pursuant to which the five Long-Term Warrants previously issued to Carvana Group (the "Cancelled Warrants") were cancelled and exchanged for a new Common Stock Purchase Warrant (the "New Warrant"). The tranches of the New Warrant are subject to certain conditions to exercise, including conditions relating to the achievement of defined insurance sale milestones. The Warrants and Series A Convertible Preferred Stock are held directly by Carvana Group, LLC. Carvana Co. exercises voting and dispositive power over the Warrants. |
Warrant (Right to Buy)
|
305,112 |
| 2026-08-21 | Forish Ryan |
Chief Accounting Officer |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
Class A Common Stock
|
88 |
| 2026-08-21 | Binkley Megan |
Chief Financial Officer |
Gift↓
|
Class A Common Stock
|
1,523 |
| 2026-06-22 | Forish Ryan |
Chief Accounting Officer |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
Class A Common Stock
|
294 |
| 2026-06-15 | Forish Ryan |
Chief Accounting Officer |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
Class A Common Stock
|
490 |
| 2026-06-03 | KRAMER NANCY J |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
Represents the grant of restricted stock units in accordance with the Issuer's Non-Employee Director Compensation Policy. |
Class A Common Stock
|
2,864 |
| 2026-06-03 | Dorsey Donna |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
Represents the grant of restricted stock units in accordance with the Issuer's Non-Employee Director Compensation Policy. |
Class A Common Stock
|
2,864 |
| 2026-06-03 | Hilsheimer Lawrence A. |
EVP and CFO |
Award↑
Filing footnotes — Class A Common Stock (Direct)
Represents the grant of restricted stock units in accordance with the Issuer's Non-Employee Director Compensation Policy. |
Class A Common Stock
|
2,864 |
| 2026-06-03 | Szudarek Julie |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
Represents the grant of restricted stock units in accordance with the Issuer's Non-Employee Director Compensation Policy. |
Class A Common Stock
|
2,864 |
| 2026-06-03 | DEVARD JERRI |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
Represents the grant of restricted stock units in accordance with the Issuer's Non-Employee Director Compensation Policy. |
Class A Common Stock
|
2,864 |
| 2026-06-03 | Birnbaum Beth A |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
Represents the grant of restricted stock units in accordance with the Issuer's Non-Employee Director Compensation Policy. |
Class A Common Stock
|
2,864 |
| 2026-06-03 | Ulman Doug |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
Represents the grant of restricted stock units in accordance with the Issuer's Non-Employee Director Compensation Policy. |
Class A Common Stock
|
2,864 |
| 2026-05-21 | Forish Ryan |
Chief Accounting Officer |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
Class A Common Stock
|
351 |
| 2026-05-15 | Allison Jonathan |
Chief Administrative Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The shares were sold pursuant to a 10b5-1 trading plan. |
Class A Common Stock
|
1,606 |
| 2026-05-12 | Allison Jonathan |
Chief Administrative Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The shares were sold pursuant to a 10b5-1 trading plan. |
Class A Common Stock
|
1,706 |
| 2026-05-01 | Forish Ryan |
Chief Accounting Officer |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
Class A Common Stock
|
82 |
| 2026-04-07 | Allison Jonathan |
Chief Administrative Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The shares were sold pursuant to a 10b5-1 trading plan. |
Class A Common Stock
|
1,706 |
| 2026-04-02 | Allison Jonathan |
Chief Administrative Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The shares were sold pursuant to a 10b5-1 trading plan. |
Class A Common Stock
|
4,112 |
| 2026-04-01 | Timm Alexander E. |
Director, Chief Executive Officer, 10% Owner |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
Class A Common Stock
|
28,557 |
| 2026-04-01 | Binkley Megan |
Chief Financial Officer |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
Class A Common Stock
|
2,131 |
| 2026-04-01 | Bonakdarpour Mahtiyar |
President and CTO |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
Class A Common Stock
|
1,642 |
| 2026-04-01 | Binkley Megan |
Chief Financial Officer |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
Class A Common Stock
|
8,081 |
| 2026-04-01 | Bonakdarpour Mahtiyar |
President and CTO |
Convert↓
Filing footnotes — Performance-Based Restricted Stock Units (Direct)
Each Performance-Based Restricted Stock Unit ("PSU") represents a contingent right to receive one share of ROOT Class A common stock. The PSUs vest in tranches of 14,348 on April 1, 2024; 28,695 on April 1, 2025; 43,043 on April 1, 2026; and 57,390 on April 1, 2027 and upon ROOT Class A common stock achieving a specified price per share over 45 consecutive trading days after such dates. Per share price achievement levels for the four tranches are: $16.76; $25.14; $33.52; and $41.90. |
Performance-Based Restricted Stock Units
|
43,043 |
| 2026-04-01 | Bonakdarpour Mahtiyar |
President and CTO |
Convert↑
|
Class A Common Stock
|
43,043 |
| 2026-04-01 | Allison Jonathan |
Chief Administrative Officer |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
Class A Common Stock
|
2,874 |
| 2026-04-01 | Binkley Megan |
Chief Financial Officer |
Convert↓
Filing footnotes — Performance-Based Restricted Stock Units (Direct)
Each Performance-Based Restricted Stock Unit ("PSU") represents a contingent right to receive one share of ROOT Class A common stock. The PSUs vest in tranches of 1,592 on April 1, 2024; 3,184 on April 1, 2025; 4,777 on April 1, 2026; and 6,369 on April 1, 2026 and upon ROOT Class A common stock achieving a specified price per share over 45 consecutive trading days after such dates. Per share price achievement levels for the four tranches are: $16.76; $25.14; $33.52; and $41.90. |
Performance-Based Restricted Stock Units
|
4,777 |
| 2026-04-01 | Binkley Megan |
Chief Financial Officer |
Convert↑
|
Class A Common Stock
|
4,777 |
| 2026-04-01 | Allison Jonathan |
Chief Administrative Officer |
Convert↓
Filing footnotes — Performance-Based Restricted Stock Units (Direct)
Each Performance-Based Restricted Stock Unit ("PSU") represents a contingent right to receive one share of ROOT Class A common stock. The PSUs vest in tranches of 2,147 on April 1, 2024; 4,295 on April 1, 2025; 6,442 on April 1, 2026; and 8,589 on April 1, 2027 and upon ROOT Class A common stock achieving a specified price per share over 45 consecutive trading days after such dates. Per share price achievement levels for the four tranches are: $16.76; $25.14; $33.52; and $41.90. |
Performance-Based Restricted Stock Units
|
6,442 |
| 2026-04-01 | Timm Alexander E. |
Director, Chief Executive Officer, 10% Owner |
Convert↑
|
Class A Common Stock
|
62,969 |
| 2026-04-01 | Bonakdarpour Mahtiyar |
President and CTO |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
Class A Common Stock
|
10,882 |
| 2026-04-01 | Timm Alexander E. |
Director, Chief Executive Officer, 10% Owner |
Convert↓
Filing footnotes — Performance-Based Restricted Stock Units (Direct)
Each Performance-Based Restricted Stock Unit ("PSU") represents a contingent right to receive one share of ROOT Class A common stock. The PSUs vest in tranches of 20,990 on April 1, 2024; 41,979 on April 1, 2025; 62,969 on April 1, 2026; and 83,958 on April 1, 2027 and upon ROOT Class A common stock achieving a specified price per share over 45 consecutive trading days after such dates. Per share price achievement levels for the four tranches are: $16.76; $25.14; $33.52; and $41.90. |
Performance-Based Restricted Stock Units
|
62,969 |
| 2026-04-01 | Allison Jonathan |
Chief Administrative Officer |
Convert↑
|
Class A Common Stock
|
6,442 |
| 2026-04-01 | Timm Alexander E. |
Director, Chief Executive Officer, 10% Owner |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
Class A Common Stock
|
14,965 |
| 2026-04-01 | Allison Jonathan |
Chief Administrative Officer |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
Class A Common Stock
|
8,081 |
| 2026-04-01 | Timm Alexander E. |
Director, Chief Executive Officer, 10% Owner |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
Class A Common Stock
|
3,480 |
| 2026-04-01 | Bonakdarpour Mahtiyar |
President and CTO |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
Class A Common Stock
|
19,198 |
| 2026-03-20 | Forish Ryan |
Chief Accounting Officer |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units. |
Class A Common Stock
|
294 |
| 2026-03-20 | Allison Jonathan |
Chief Administrative Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The shares were sold pursuant to a 10b5-1 trading plan. |
Class A Common Stock
|
3,990 |
| 2026-03-17 | Allison Jonathan |
Chief Administrative Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The shares were sold pursuant to a 10b5-1 trading plan. |
Class A Common Stock
|
3,990 |