Root, Inc. reported an insider ownership change involving Ryan Forish on June 22, 2026, related to the company’s Class A common stock. The Form 4, filed June 23, 2026, states that shares were withheld by Root to satisfy tax withholding obligations arising from the vesting of restricted stock units, or RSUs. The filing describes the transaction as an issuer withholding rather than an open-market sale. In these transactions, when RSUs vest, the insider receives shares, but the company may retain a portion of those shares to cover required payroll or income tax withholding. As a result, the insider’s reported beneficial ownership can decline or increase by less than the gross number of shares that vested, even though no discretionary sale into the market occurred. The provided filing text does not disclose the number of shares withheld, the deemed price used for the withholding, a transaction code, the number of RSUs that vested, or Ryan Forish’s ownership following the transaction. It also does not provide additional vesting schedule details. The explanatory note makes clear, however, that the reported change was tied specifically to tax obligations associated with vested RSUs. The filing was signed on June 23, 2026, by Jodi Baker as attorney-in-fact for the reporting person. While limited in detail, the filing matters because it records a routine equity-compensation-related ownership change by a Root insider and distinguishes the action from a voluntary market sale.
Stock detail
Root (ROOT) stock price, chart, and key data
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Stock detail
Root
ROOT · XNAS
+$2.02 (+3.48%) past day
$60.02
After hours $60.57 (+1.39%)
Key metrics
Earnings
Quarterly results and the next expected release
FY25 Q2
Q3
Q4
FY26 Q1
Q2
Q3
Day range
$57.78 - $61.08
Close price
$59.74
Market cap
$917.1M
P/E ratio
26.67
About the company
Root Inc
Root Inc develops and launches a direct-to-consumer personal automobile insurance and mobile technology company. It generates revenue from the sales of auto insurance policies within the United States.
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