Large owner Malka Meyer converted options into 352,154 shares and sold $32,409,457 worth of shares (395,261 units at $82.00) (SEC Form 4)

11/12/24 5:57:52 PM ET

$ROOT

Property-Casualty Insurers

Finance

Get the next $ROOT alert in real time by email

SEC FORM 4 SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Malka Meyer

(Last)

(First)

(Middle)

C/O RIBBIT CAPITAL

364 UNIVERSITY AVE.

(Street)

PALO ALTO

94301

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Root, Inc. [ ROOT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/07/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	11/07/2024		C⁽¹⁾		75,839⁽¹⁾	A	⁽¹⁾	118,946⁽¹⁾	I	By Funds⁽²⁾
Class A Common Stock	11/07/2024		S		3,252⁽³⁾	D	$79.2324⁽³⁾	115,694⁽³⁾	I	By Funds⁽²⁾
Class A Common Stock	11/07/2024		S		25,616⁽⁴⁾	D	$80.5643⁽⁴⁾	90,078⁽⁴⁾	I	By Funds⁽²⁾
Class A Common Stock	11/07/2024		S		33,185⁽⁵⁾	D	$81.3804⁽⁵⁾	56,893⁽⁵⁾	I	By Funds⁽²⁾
Class A Common Stock	11/07/2024		S		12,175⁽⁶⁾	D	$82.375⁽⁶⁾	44,718⁽⁶⁾	I	By Funds⁽²⁾
Class A Common Stock	11/07/2024		S		1,611⁽⁷⁾	D	$83.3616⁽⁷⁾	43,107⁽⁷⁾	I	By Funds⁽²⁾
Class A Common Stock	11/08/2024		C⁽⁸⁾		201,315⁽⁸⁾	A	⁽⁸⁾	244,422⁽⁸⁾	I	By Funds⁽²⁾
Class A Common Stock	11/08/2024		S		18,101⁽⁹⁾	D	$80.3891⁽⁹⁾	226,321⁽⁹⁾	I	By Funds⁽²⁾
Class A Common Stock	11/08/2024		S		101,970⁽¹⁰⁾	D	$81.495⁽¹⁰⁾	124,351⁽¹⁰⁾	I	By Funds⁽²⁾
Class A Common Stock	11/08/2024		S		63,849⁽¹¹⁾	D	$82.4543⁽¹¹⁾	60,502⁽¹¹⁾	I	By Funds⁽²⁾
Class A Common Stock	11/08/2024		S		14,596⁽¹²⁾	D	$83.2101⁽¹²⁾	45,906⁽¹²⁾	I	By Funds⁽²⁾
Class A Common Stock	11/08/2024		S		1,599⁽¹³⁾	D	$84.4011⁽¹³⁾	44,307⁽¹³⁾	I	By Funds⁽²⁾
Class A Common Stock	11/08/2024		S		1,200⁽¹⁴⁾	D	$85.3079⁽¹⁴⁾	43,107⁽¹⁴⁾	I	By Funds⁽²⁾
Class A Common Stock	11/11/2024		C⁽¹⁵⁾		75,000⁽¹⁵⁾	A	⁽¹⁵⁾	118,107⁽¹⁵⁾	I	By Funds⁽²⁾
Class A Common Stock	11/11/2024		S		34,438⁽¹⁶⁾	D	$80.2972⁽¹⁶⁾	83,669⁽¹⁶⁾	I	By Funds⁽²⁾
Class A Common Stock	11/11/2024		S		3,563⁽¹⁷⁾	D	$81.1334⁽¹⁷⁾	80,106⁽¹⁷⁾	I	By Funds⁽²⁾
Class A Common Stock	11/11/2024		S		26,597⁽¹⁸⁾	D	$82.3⁽¹⁸⁾	53,509⁽¹⁸⁾	I	By Funds⁽²⁾
Class A Common Stock	11/11/2024		S		16,418⁽¹⁹⁾	D	$83.5403⁽¹⁹⁾	37,091⁽¹⁹⁾	I	By Funds⁽²⁾
Class A Common Stock	11/11/2024		S		18,836⁽²⁰⁾	D	$84.4634⁽²⁰⁾	18,255⁽²⁰⁾	I	By Funds⁽²⁾
Class A Common Stock	11/11/2024		S		15,955⁽²¹⁾	D	$85.543⁽²¹⁾	2,300⁽²¹⁾	I	By Funds⁽²⁾
Class A Common Stock	11/11/2024		S		2,300⁽²²⁾	D	$86.0617⁽²²⁾	0⁽²²⁾	I	By Funds⁽²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	⁽¹⁾	11/07/2024		C⁽¹⁾			75,839	⁽²³⁾	⁽²³⁾	Class A Common Stock	75,839	$0	1,733,922⁽¹⁾	I	By Funds⁽²⁾
Class B Common Stock	⁽⁸⁾	11/08/2024		C⁽⁸⁾			201,315	⁽²³⁾	⁽²³⁾	Class A Common Stock	201,315	$0	1,532,607⁽⁸⁾	I	By Funds⁽²⁾
Class B Common Stock	⁽¹⁵⁾	11/11/2024		C⁽¹⁵⁾			75,000	⁽²³⁾	⁽²³⁾	Class A Common Stock	75,000	$0	1,457,607⁽¹⁵⁾	I	By Funds⁽²⁾

1. Name and Address of Reporting Person^*

Malka Meyer

(Last)

(First)

(Middle)

C/O RIBBIT CAPITAL

364 UNIVERSITY AVE.

(Street)

PALO ALTO

94301

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Ribbit Capital IV, L.P.

(Last)

(First)

(Middle)

C/O RIBBIT CAPITAL

364 UNIVERSITY AVE.

(Street)

PALO ALTO

94301

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Bullfrog Capital, L.P.

(Last)

(First)

(Middle)

C/O RIBBIT CAPITAL

364 UNIVERSITY AVE.

(Street)

PALO ALTO

94301

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

Explanation of Responses:

1. Represents 75,839 shares converted by Ribbit Capital IV, L.P. ("Fund IV"), for itself and as nominee for Ribbit Founder Fund IV, L.P. ("FF IV"), from Class B Common Stock into Class A Common Stock on a one-for-one basis for no consideration. Following the reported transaction, 75,839 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, 43,107 shares of Class A Common Stock are owned by Bullfrog Capital, L.P. ("Bullfrog"), for itself and as nominee for Bullfrog Founder Fund, L.P. (" Bullfrog FF"), 1,498,098 shares of Class B Common Stock are held by Fund IV, for itself and as nominee for FF IV and 235,824 shares of Class B Common Stock are held by RT-E Ribbit Opportunity IV, LLC ("Ribbit RT-E")

2. Shares are owned of record by (i) Fund IV, for itself and as nominee for FF IV, (ii) Bullfrog, for itself and as nominee for Bullfrog FF, and (iii) Ribbit RT-E. Meyer Malka is the sole director of Ribbit Capital GP IV, Ltd., which is the general partner of the general partner of Fund IV and FF IV and the general partner of the managing member of RT-E, and is the sole director of Bullfrog Capital GP, Ltd., which is the general partner of the general partner of each of Bullfrog and Bullfrog FF. Each of the Reporting Persons disclaims beneficial ownership of such shares for purposes of Section 16 except to the extent of his or its pecuniary interest therein, if any, and this report shall not be deemed an admission that any of the Reporting Persons is a beneficial owner of such shares for purposes of Section 16 or for any other purpose.

3. Represents 3,252 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $79.00 to $79.78, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 72,587 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.

4. Represents 25,616 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $80.00 to $80.9989, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 46,971 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.

5. Represents 33,185 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $81.00 to $81.98, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 13,786 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.

6. Represents 12,175 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $82.00 to $82.80, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 1,611 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.

7. Represents 1,611 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $83.09 to $83.475, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 0 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.

8. Represents 201,315 shares converted by Fund IV, for itself and as nominee for FF IV, from Class B Common Stock into Class A Common Stock on a one-for-one basis for no consideration. Following the reported transaction, 201,315 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF, 1,296,783 shares of Class B Common Stock are held by Fund IV, for itself and as nominee for FF IV and 235,824 shares of Class B Common Stock are held by Ribbit RT-E.

9. Represents 18,101 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $80.00 to $80.99, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 183,214 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.

10. Represents 101,970 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $81.00 to $81.985, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 81,244 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.

11. Represents 63,849 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $82.00 to $82.99, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 17,395 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.

12. Represents 14,596 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $83.00 to $83.65, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 2,799 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.

13. Represents 1,599 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $84.17 to $85.03, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 1,200 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.

14. Represents 1,200 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $85.21 to $85.45, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 0 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.

15. Represents 75,000 shares converted by Fund IV, for itself and as nominee for FF IV, from Class B Common Stock into Class A Common Stock on a one-for-one basis for no consideration. Following the reported transaction, 75,000 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, 43,107 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF, 1,221,783 shares of Class B Common Stock are held by Fund IV, for itself and as nominee for FF IV and 235,824 shares of Class B Common Stock are held by Ribbit RT-E.

16. Represents 9,199 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV, and 25,239 sold by Bullfrog, for itself and as nominee for Bullfrog FF. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $80.00 to $80.99, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 65,801 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 17,868 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.

17. Represents 2,208 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV, and 1,355 sold by Bullfrog, for itself and as nominee for Bullfrog FF. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $81.00 to $81.6367, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 63,593 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 16,513 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.

18. Represents 13,374 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV, and 13,223 sold by Bullfrog, for itself and as nominee for Bullfrog FF. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $82.00 to $82.94, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 50,219 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 3,290 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.

19. Represents 13,128 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV, and 3,290 sold by Bullfrog, for itself and as nominee for Bullfrog FF. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $83.01 to $84.005, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 37,091 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV, and 0 shares of Class A Common Stock are owned by Bullfrog, for itself and as nominee for Bullfrog FF.

20. Represents 18,836 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $84.01 to $85.00, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 18,255 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV.

21. Represents 15,955 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $85.01 to $86.00, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 2,300 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV.

22. Represents 2,300 shares of Class A Common Stock sold by Fund IV, for itself and as nominee for FF IV. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $86.01 to $86.245, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. Following the reported transaction, 0 shares of Class A Common Stock are owned by Fund IV, for itself and as nominee for FF IV.

23. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.

	/s/ Meyer Malka	11/12/2024
	/s/ Meyer Malka, sole director of Ribbit Capital GP IV, Ltd., the general partner of the general partner of Ribbit Capital IV, L.P.	11/12/2024
	/s/ Meyer Malka, sole director of Bullfrog Capital GP, Ltd., the general partner of the general partner of Bullfrog Capital, L.P.	11/12/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Get the next $ROOT alert in real time by email

Date	Price Target	Rating	Analyst
3/1/2024	$10.00 → $40.00	Hold → Buy	Jefferies
2/26/2024	$10.00 → $22.00	Mkt Perform → Outperform	Keefe Bruyette
2/22/2024	$9.00 → $13.00	Neutral → Overweight	Cantor Fitzgerald
1/10/2024		Market Perform	TD Cowen
3/3/2022	$7.00 → $2.06	Equal-Weight	Morgan Stanley
2/28/2022	$6.00 → $2.00	Neutral	UBS
2/28/2022	$3.00 → $1.50	Underweight	Barclays
1/4/2022	$6.00 → $5.00	Equal-Weight	Wells Fargo

Large owner Malka Meyer converted options into 352,154 shares and sold $32,409,457 worth of shares (395,261 units at $82.00) (SEC Form 4)

Chat with this insight

Recent Analyst Ratings for $ROOT

$ROOT Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Bonakdarpour Mahtiyar bought $175,760 worth of shares (17,500 units at $10.04), increasing direct ownership by 6% to 305,955 units (SEC Form 4)

$ROOT Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Large owner Malka Meyer converted options into 352,154 shares and sold $32,409,457 worth of shares (395,261 units at $82.00) (SEC Form 4)

Chief Administrative Officer Allison Jonathan sold $432,834 worth of shares (5,500 units at $78.70), decreasing direct ownership by 8% to 64,585 units (SEC Form 4)

Chief Executive Officer Timm Alexander E. covered exercise/tax liability with 796 shares, decreasing direct ownership by 0.45% to 175,622 units (SEC Form 4)

$ROOT Financials

Live finance-specific insights

$ROOT SEC Filings

Root, Inc. Announces 2024 Third Quarter Results

Root, Inc. Schedules Conference Call to Discuss Third Quarter 2024 Financial Results

Root, Inc. Announces 2024 Second Quarter Results

SEC Form 144 filed by Root Inc.

SEC Form 144 filed by Root Inc.

SEC Form 144 filed by Root Inc.

$ROOT Press Releases

Fastest customizable press release news feed in the world

Root, Inc. Announces 2024 Third Quarter Results

Root Announces Successful Refinancing of Term Loan Facility with BlackRock

Root, Inc. Schedules Conference Call to Discuss Third Quarter 2024 Financial Results

$ROOT Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Root, Inc. upgraded by Jefferies with a new price target

Root, Inc. upgraded by Keefe Bruyette with a new price target

Root, Inc. upgraded by Cantor Fitzgerald with a new price target

$ROOT Large Ownership Changes

This live feed shows all institutional transactions in real time.

Amendment: SEC Form SC 13G/A filed by Root Inc.

Amendment: SEC Form SC 13D/A filed by Root Inc.

SEC Form SC 13D/A filed by Root Inc. (Amendment)

$ROOT Leadership Updates

Live Leadership Updates

$ROOT Market Insights

Live Market Insights

IndyCar Driver Marcus Armstrong to Represent Root Insurance at Detroit Grand Prix

Root Adds Human Capital Leader to Board with Appointment of Navistar Chief People & Culture Officer

Global Critical Logistics Appoints Daniel Rosenthal President and Chief Executive Officer

GeneDx Leads Russell 2000 This Year As It Shifts To More Comprehensive Genetic Testing

Cintas Posts Upbeat Earnings, Joins CommScope Holding, Virtu Financial And Other Big Stocks Moving Higher On Thursday

Top 5 Financials Stocks That May Collapse This Month

Recent Analyst Ratings for
$ROOT

$ROOT
Insider Purchases

$ROOT
Insider Trading

$ROOT
Financials

$ROOT
SEC Filings

$ROOT
Press Releases

$ROOT
Analyst Ratings

$ROOT
Large Ownership Changes

$ROOT
Leadership Updates

$ROOT
Market Insights