STOCK TITAN

T. Rowe Price (NASDAQ: ROOT) holds 1,185,073 shares, 8.6% stake

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

T. Rowe Price Investment Management, Inc. amends a Schedule 13G to report beneficial ownership of 1,185,073 shares of Root Inc./OH - Class A common stock, representing 8.6% of the class. The filing lists 1,180,492 shares as sole voting power and 1,185,073 shares as sole dispositive power. The amendment is signed by Ellen York, Vice President, dated 05/15/2026.

Positive

  • None.

Negative

  • None.

Insights

Large active position disclosed: 1,185,073 shares (8.6%) reported.

The filing shows an institutional holder reporting 1,185,073 shares beneficially owned with sole voting and dispositive authority for nearly the entire stake. This level of ownership is large enough to be monitored by shareholders and governance watchers for potential engagement.

Disclosure is an amendment to a prior filing; timing of any changes in position is not stated here. Subsequent filings will show trades or plan changes if they occur.

Voting and disposition control concentrated with T. Rowe Price.

The report attributes 1,180,492 shares of sole voting power and 1,185,073 shares of sole dispositive power to the filer, indicating unilateral ability to vote and dispose of the reported shares. The filing includes an explicit denial of beneficial ownership in the text.

Observers should note the filing type (Schedule 13G/A) and the 8.6% threshold; this is a passive/investment manager disclosure characteristic rather than an activist schedule, per the filing's presentation.

Beneficial ownership 1,185,073 shares reported on Schedule 13G/A
Percent of class 8.6% percent of Class A common stock
Sole voting power 1,180,492 shares shares with sole power to vote
Sole dispositive power 1,185,073 shares shares with sole power to dispose
CUSIP 77664L207 Root Inc./OH - Class A common stock
Signature date 05/15/2026 signed by Ellen York, Vice President
Schedule 13G/A regulatory
"Amendment No. 1 and ownership disclosure table"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficially owned regulatory
"Item 4(a) Amount beneficially owned: 1185073"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole dispositive power regulatory
"Item 4(iii) Sole power to dispose or to direct the disposition of: 1185073"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Sole voting power regulatory
"Item 4(i) Sole power to vote or to direct the vote: 1180492"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.





77664L207

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



T. Rowe Price Investment Management, Inc.
Signature:Ellen York
Name/Title:Vice President
Date:05/15/2026

FAQ

What does T. Rowe Price's Schedule 13G/A for ROOT report?

It reports 1,185,073 shares of Root Inc. Class A common stock and a 8.6% ownership stake, with filing signed 05/15/2026. The document identifies sole voting and dispositive power figures for the holder.

How many shares does T. Rowe Price have voting power over in ROOT?

The filing lists 1,180,492 shares as sole voting power. That number is reported under the Schedule 13G/A ownership section as the shares the filer can vote or direct the vote for.

Does the Schedule 13G/A state T. Rowe Price is the beneficial owner?

The filing includes a statement denying beneficial ownership: the filer expressly denies beneficial ownership of the securities, despite reporting voting and dispositive power numbers in the ownership table.

What is the filing date and who signed the amendment for ROOT?

The amendment is signed by Ellen York, Vice President, with a signature date of 05/15/2026. The cover shows an internal date of 03/31/2026 associated with the CUSIP line.

What does 8.6% represent in this Schedule 13G/A?

The 8.6% figure is the percent of class labeled in the ownership section and corresponds to 1,185,073 shares reported as beneficially owned by the filing entity on the Schedule 13G/A.