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Root Inc(ROOT.US) 10% Shareholder Sells US$805.77K in Common Stock

moomoo News ·  May 6 17:16

$Root Inc (ROOT.US)$ 10% Shareholder Malka Meyer sold 13,300 shares of common stock on May 2, 2024 at an average price of $60.584 for a total value of $805.77K.

This transaction involves other related parties: Ribbit Capital IV, L.P..

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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