Root Inc
For the period ended Mar 31, 2025. Filed May 7, 2025.
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Mar 31, 2025 · Filed May 7, 2025
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Item 5. Other Information
On March 5, 2025, Beth Birnbaum, a member of the Company’s Board of Directors, entered into a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act (a “10b5-1 Plan”). Ms. Birnbaum’s 10b5-1 Plan provides for the potential sale of up to 2,853 shares of Class A common stock and terminates no later than June 5, 2026.
On March 6, 2025, Julie Szudarek, a member of the Company’s Board of Directors, entered into a 10b5-1 Plan. Ms. Szudarek’s 10b5-1 Plan provides for the potential sale of up to 8,291 shares of Class A common stock and terminates no later than June 5, 2026.
On March 14, 2025, Jonathan Allison, the Company’s Chief Administrative Officer, entered into a 10b5-1 Plan. Mr. Allison’s 10b5-1 Plan provides for the potential sale of up to 23,835 shares of Class A common stock and terminates no later than June 16, 2026.
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