Root (NASDAQ: ROOT) CAO granted 6,620 RSUs, boosting holdings to 26,316 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Root, Inc. Chief Accounting Officer Ryan Forish received a grant of 6,620 shares of Class A Common Stock in the form of restricted stock units. These RSUs were awarded at no cash cost and are a compensation-related acquisition, not an open-market purchase. Half of the RSU shares vest on the first anniversary of the grant date, with the remaining half vesting evenly on a quarterly basis after that. Following this grant, Forish directly holds 26,316 shares of Root’s Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Forish Ryan
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 6,620 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 26,316 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did ROOT Chief Accounting Officer Ryan Forish report?
Ryan Forish reported receiving 6,620 shares of Root, Inc. Class A Common Stock as restricted stock units. The award was granted at no cash cost as equity compensation and increased his direct holdings to 26,316 shares after the transaction.
Was the ROOT Form 4 transaction a stock purchase or a compensation grant?
The ROOT Form 4 shows a compensation grant, not a market purchase. Ryan Forish received 6,620 restricted stock units of Class A Common Stock with a transaction price of $0.00 per share, reflecting an award rather than an open-market buy.
How do Ryan Forish’s new ROOT RSUs vest over time?
The 6,620 restricted stock units granted to Ryan Forish vest in stages. One-half of the RSU shares vest on the first anniversary of the grant date, and the remaining half vest evenly on a quarterly basis thereafter, subject to continued service.
What does transaction code "A" mean in the ROOT Form 4 for Ryan Forish?
Transaction code “A” on the ROOT Form 4 indicates a grant, award, or other acquisition. For Ryan Forish, it reflects the issuance of 6,620 restricted stock units as equity compensation rather than a discretionary purchase or sale in the open market.