Root, Inc. Chief Financial Officer Megan Binkley filed a Form 4 on August 24, 2026, disclosing a transaction in Class A Common Stock dated August 21, 2026.

Key Highlights

  • Reporting person: Megan Binkley, Chief Financial Officer of Root, Inc. (NASDAQ:ROOT)
  • Transaction type: Transaction code "G" (gift), dated August 21, 2026
  • Shares disposed: 1,523 shares of Class A Common Stock disposed of at a price of $0
  • Resulting ownership: Binkley directly beneficially owned 112,317 shares of Class A Common Stock following the transaction
  • No derivative securities: No derivative security transactions were reported in Table II

Root Inc. CFO Reports Gift Disposition of Class A Common Stock

According to the filing, Megan Binkley, serving as Chief Financial Officer of Root, Inc., reported a single transaction in Table I of the Form 4. The transaction, coded "G" and dated August 21, 2026, reflects the disposition of 1,523 shares of Class A Common Stock at a price of $0, consistent with a gift transfer rather than a market sale.

Following the reported transaction, the filing states that Binkley directly beneficially owned 112,317 shares of Class A Common Stock. All ownership is reported as direct. No indirect beneficial ownership was listed, and Table II, covering derivative securities such as options or warrants, contained no reported transactions.

The Form 4 was signed by Jodi Baker as attorney-in-fact on August 24, 2026, and was filed on that same date. The filing does not indicate that the transaction was made pursuant to a Rule 10b5-1(c) plan, as the corresponding checkbox was not selected.

What Was Disclosed

Root, Inc. CFO Megan Binkley disclosed the gift of 1,523 shares of Class A Common Stock on August 21, 2026, at $0, leaving her with direct beneficial ownership of 112,317 shares following the transaction.