SC 13G/A: Root, Inc.

Ticker: ROOT · Form: SC 13G/A · Filed: Mar 20, 2024 · CIK: 1788882

Root, INC. SC 13G/A Filing Summary
FieldDetail
CompanyRoot, INC. (ROOT)
Form TypeSC 13G/A
Filed DateMar 20, 2024
Risk Levellow
Pages3
Reading Time4 min
Key Dollar Amounts$0.0001
Sentimentneutral

Sentiment: neutral

Topics: sc-13g-a

AI Summary

SC 13G/A filing by Root, Inc..

Risk Assessment

Risk Level: low

FAQ

What type of filing is this?

This is a SC 13G/A filing submitted by Root, INC. (ticker: ROOT) to the SEC on Mar 20, 2024.

What is the risk level of this SC 13G/A filing?

This filing has been assessed as low risk.

What are the key financial figures in this filing?

Key dollar amounts include: $0.0001 (ssuer) Class A common stock, par value $0.0001 per share (Title of Class of Securitie).

How long is this filing?

Root, INC.'s SC 13G/A filing is 3 pages with approximately 982 words. Estimated reading time is 4 minutes.

Where can I view the full SC 13G/A filing?

The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.

Filing Stats: 982 words · 4 min read · ~3 pages · Grade level 13.6 · Accepted 2024-03-20 16:47:52

Key Financial Figures

Filing Documents

(a)

Item 1(a) Name of Issuer : The name of the issuer is Root, Inc. (the "Company").

(b)

Item 1(b) Address of Issuer's Principal Executive Offices : The Company's principal executive offices are located at 80 E. Rich Street, Suite 500, Columbus, Ohio 43215.

(a)

Item 2(a) Name of Person Filing : This statement is filed by Schusterman Interests, LLC, a Delaware limited liability company (the "Manager"), which serves as the manager of certain accounts (collectively, the "Accounts"). The foregoing person may be referred to hereinafter as the "Reporting Person." Any disclosures herein with respect to persons other than the Reporting Person are made on information and belief after making inquiry to the appropriate party. The filing of this statement should not be construed as an admission that the Reporting Person is, for the purposes of Section 13 of the Act, the beneficial owner of the Common Stock (as defined below) reported herein.

(b)

Item 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE The address of the business office of the Reporting Person is 110 West Seventh Street, Suite 2000, Tulsa, Oklahoma 74119

(c)

Item 2(c) CITIZENSHIP The Manager and is organized under the laws of the State of Delaware.

(d)

Item 2(d) TITLE OF CLASS OF SECURITIES Class A common stock, par value $0.0001 per share ("Common Stock")

(e)

Item 2(e) CUSIP NUMBER 77664L207 Item 3 IF THIS STATEMENT IS FILED PURSUANT TO Rules 13d-1(b), OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: None Item 4 The percentages used herein and in the rest of this Schedule 13G are calculated based upon the 9,600,000 shares of Common Stock issued and outstanding as of February 15, 2024 as reflected in the Company's Form 10-K for the fiscal year ended December 31, 2023 filed with the U.S. Securities and Exchange Commission on February 21, 2024. The information required by Items 4(a) – (c) is set forth in Rows 5-11 of the cover page for the Reporting Person and is incorporated herein by reference. The Reporting Person does not directly own any Common Stock. Pursuant to agency agreements regarding the Accounts, the Manager maintains voting and dispositive power with respect to the securities held by the Accounts. Under the rules promulgated by the Securities and Exchange Commission, the Reporting Person may be deemed to beneficially own the Common Stock. The Reporting Person hereby disclaims beneficial ownership of the securities covered by this statement. Item 5 If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [X]. Item 6 See Item 2. The Accounts have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock reported herein. Item 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON: Not applicable. Item 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not applicable. Item 9 NOTICE OF DISSOLUTION OF GROUP: Not applicable. Item 10 CERTIFICATIO

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. DATE: March 20, 2024 SCHUSTERMAN INTERESTS, LLC By: /s/ Raquel Gozzi Name: Raquel Gozzi Title: Treasurer

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