Root, Inc. Reports on Shareholder Vote Matters
Ticker: ROOT · Form: 8-K · Filed: Jun 10, 2024 · CIK: 1788882
| Field | Detail |
|---|---|
| Company | Root, INC. (ROOT) |
| Form Type | 8-K |
| Filed Date | Jun 10, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: shareholder-vote, corporate-governance
Related Tickers: ROOT
TL;DR
Root Inc. shareholders voted on key company matters as of June 5th.
AI Summary
Root, Inc. filed an 8-K on June 10, 2024, reporting on matters submitted to a vote of its security holders on June 5, 2024. The filing details the company's corporate actions and decisions put forth for shareholder approval.
Why It Matters
This filing informs investors about key decisions made or proposed at a shareholder meeting, which could impact the company's governance and future direction.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of shareholder voting matters and does not indicate any immediate financial distress or significant operational changes.
Key Players & Entities
- Root, Inc. (company) — Registrant
- 0001788882 (company) — Central Index Key
- 6331 (company) — Standard Industrial Classification (FIRE, MARINE & CASUALTY INSURANCE)
- 842717903 (company) — IRS Number
- DE (company) — State of Incorporation
- 1231 (company) — Fiscal Year End
- 001-39658 (company) — SEC File Number
- 241031513 (company) — Film Number
- 80 E RICH STREET (company) — Business Address Street 1
- SUITE 500 (company) — Business Address Street 2
FAQ
What is the primary purpose of this Form 8-K filing?
The primary purpose of this Form 8-K filing is to report on the submission of matters to a vote of Root, Inc.'s security holders, which occurred on June 5, 2024.
When was this Form 8-K filed with the SEC?
This Form 8-K was filed with the SEC on June 10, 2024.
What is Root, Inc.'s principal executive office address?
Root, Inc.'s principal executive office is located at 80 E. Rich Street, Suite 500, Columbus, Ohio 43215.
What is Root, Inc.'s telephone number?
Root, Inc.'s telephone number, including area code, is (866) 980-9431.
What was Root, Inc.'s former name?
Root, Inc.'s former name was Root Stockholdings, Inc., and the date of the name change was September 19, 2019.
Filing Stats: 568 words · 2 min read · ~2 pages · Grade level 12.9 · Accepted 2024-06-10 08:07:42
Key Financial Figures
- $0.0001 — hich registered Class A Common Stock, $0.0001 par value ROOT Nasdaq Global Select Mar
Filing Documents
- root-20240605.htm (8-K) — 33KB
- 0001628280-24-027401.txt ( ) — 157KB
- root-20240605.xsd (EX-101.SCH) — 2KB
- root-20240605_lab.xml (EX-101.LAB) — 22KB
- root-20240605_pre.xml (EX-101.PRE) — 13KB
- root-20240605_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. The Company's 2024 Annual Meeting of Stockholders was held on June 5, 2024. The following are the voting results on proposals considered and voted upon at the 2024 Annual Meeting. 1. Election of Class I Directors The stockholders elected each of Beth Birnbaum, Donna Dorsey and Julie Szudarek as Class I directors, each to serve terms expiring on the date of the Company's 2027 Annual Meeting of Stockholders and until each such director's successor has been duly elected, or if sooner, until the director's death, resignation or removal, by the following votes: Nominee Votes For Votes Against Abstentions Broker Non-Votes Beth Birnbaum 38,744,858 711,188 74,557 3,335,981 Donna Dorsey 39,378,832 77,446 74,325 3,335,981 Julie Szudarek 38,994,379 462,155 74,069 3,335,981 2. Ratification of Independent Auditor for 2024 The stockholders ratified the appointment of Deloitte & Touche LLP as the Company's independent auditor for the year ending December 31, 2024, by the following votes: Votes For Votes Against Abstentions 42,752,307 12,208 102,069 3. Approval, on an advisory basis, of named executive officer compensation The stockholders approved, on an advisory basis, named executive officer compensation, by the following votes: Votes For Votes Against Abstentions Broker Non-Votes 38,321,010 1,088,713 120,880 3,335,981
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ROOT, INC. Dated: June 10, 2024 By: /s/ Megan Binkley Megan Binkley Chief Financial Officer