Root, Inc. disclosed an insider ownership change involving Ryan Forish, reporting a transaction dated June 22, 2026, in the company’s Class A common stock. The filing says shares were withheld by Root to satisfy tax withholding obligations connected with the vesting of restricted stock units, or RSUs. The action was not described as an open-market sale by the insider. Instead, it reflects the common equity-compensation practice in which a company withholds a portion of vested shares to cover required payroll or income-tax obligations arising when RSUs vest. In economic terms, the insider receives the vested RSU shares net of the shares withheld for taxes. The document does not provide, in the text available, the number of shares withheld, the deemed price used for the withholding, the transaction code, or Ryan Forish’s beneficial ownership after the transaction. The only explanatory footnote included states: “These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units.” The Form 4 was signed on June 23, 2026, by Jodi Baker as attorney-in-fact for the reporting person. The key takeaway is that the reported ownership change relates to RSU vesting and tax settlement, rather than a discretionary insider sale of Root stock.
Stock detail
Root (ROOT) stock price, chart, and key data
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Stock detail
Root
ROOT · XNAS
-$3.25 (-5.51%) past day
$55.74
Overnight $55.50 (-0.43%)
Key metrics
Financials
Quarterly revenue, profitability, and balance-sheet snapshot
Operating income & Operating cash flow
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Total assets & Total liabilities
Quarterly revenue, profitability, and balance-sheet snapshot
Total equity & Shares outstanding
Quarterly revenue, profitability, and balance-sheet snapshot
Day range
$56.98 - $60.33
Close price
$57.54
Market cap
$910.6M
P/E ratio
26.67
Financials
FY2026 Q1Operating income
$41M
Operating cash flow
$9M
EPS
2.09
Shares outstanding
15.8M
Total assets
$2B
Total equity
$438M
Total liabilities
$1B
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.
Analyst rating summary
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Mean target
$56.00
3
Hold
/ 3
Recent calls
06/17/2026
TD Cowen
Andrew Kligerman
Hold · Price target $60.00
05/11/2026
UBS
Brian Meredith
Hold · Price target $50.00
05/07/2026
Wells Fargo
Elyse Greenspan
Hold · Price target $58.00
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