{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-08T00:37:36.964386+00:00","company":{"ticker":"ROOT","cik":1788882,"company_name":"Root, Inc."},"pagination":{"limit":100,"returned":7,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"Acquiom Agency Services, LLC","detail":"credit_facility","count":1,"first_seen":"2026-05-06T23:59:59+00:00","last_seen":"2026-05-06T23:59:59+00:00","evidence_fact_ids":[21371]},{"display_name":"The Huntington National Bank","detail":"credit_facility","count":1,"first_seen":"2026-05-06T23:59:59+00:00","last_seen":"2026-05-06T23:59:59+00:00","evidence_fact_ids":[21370]}],"lender":[{"display_name":"The Huntington National Bank","detail":"term_loan","count":1,"first_seen":"2026-05-06T23:59:59+00:00","last_seen":"2026-05-06T23:59:59+00:00","evidence_fact_ids":[28607]}]},"facts":[{"fact_type":"debt_financing","fact_key":"a3a28e42a003a4c9a873e94bd79127b0b2e6ede2","cik":1788882,"ticker":"ROOT","company_name":"Root, Inc.","filed_at":"2026-05-06T23:59:59+00:00","payload":{"counterparty":"The Huntington National Bank","effective_date":"2026-05-04","event":"incurrence","instrument_type":"term_loan","interest_rate_text":"ABR (as defined in the Credit Agreement) or Term SOFR (as defined in the Credit","item_codes_triggered":["2.03"],"maturity_text":"May 4, 2029","principal_text":"$200.0 million"},"claim":"Root, Inc. incurred term loan of $200.0 million with The Huntington National Bank at ABR (as defined in the Credit Agreement) or Term SOFR (as defined in the Credit maturing May 4, 2029.","evidence_excerpt":"On May 4, 2026, Root, Inc. (the “Company”) entered into that certain Credit Agreement (the “Credit Agreement”), by and among the Company, Caret Holdings, Inc., as borrower (the “Borrower”), the lenders from time to time party thereto and The Huntington National Bank, as the administrative agent. The Credit Agreement provides for a senior secured term loan of $200.0 million, the entire amount of which was funded on May 4, 2026.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001788882-26-000046","anchor_url":"https://secwatch.observer/filing/0001788882-26-000046#claim-a3a28e42a003a4c9a873e94bd79127b0b2e6ede2","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1788882/000178888226000046/0001788882-26-000046-index.htm"},{"fact_type":"earnings_release","fact_key":"c2b8085612ff018345d20e19baa77e921d78a0fc","cik":1788882,"ticker":"ROOT","company_name":"Root, Inc.","filed_at":"2026-05-06T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$36 million","period_text":"the quarter ended March 31, 2026","report_date":"2026-05-06","result_type":"reported_results","revenue_text":null},"claim":"Root, Inc. reported the quarter ended March 31, 2026 results: net income $36 million.","evidence_excerpt":"This is reflected in our results: • Delivered record profitability , nearly doubling net income year-over-year to $36 million","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001788882-26-000046","anchor_url":"https://secwatch.observer/filing/0001788882-26-000046#claim-c2b8085612ff018345d20e19baa77e921d78a0fc","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1788882/000178888226000046/0001788882-26-000046-index.htm"},{"fact_type":"material_agreement","fact_key":"369134cb8992dd983a6b150191ff6870b5a61024","cik":1788882,"ticker":"ROOT","company_name":"Root, Inc.","filed_at":"2026-05-06T23:59:59+00:00","payload":{"action":"termination","agreement_name":"Existing Credit Agreement","agreement_type":"credit_facility","counterparty":"Acquiom Agency Services, LLC, as administrative agent","effective_date":"2026-05-04","item_codes_triggered":["1.02"],"value_text":null},"claim":"Root, Inc. terminated Existing Credit Agreement with Acquiom Agency Services, LLC, as administrative agent (effective 2026-05-04).","evidence_excerpt":"Concurrently with the Closing of the Credit Agreement, the Company prepaid all of the outstanding term loans under its term loan agreement, dated as of January 26, 2022 (as amended, the “Existing Credit Agreement”), by and among the Company, Holdings, the other loan parties party thereto, the lenders party thereto and Acquiom Agency Services, LLC, as administrative agent.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001788882-26-000046","anchor_url":"https://secwatch.observer/filing/0001788882-26-000046#claim-369134cb8992dd983a6b150191ff6870b5a61024","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1788882/000178888226000046/0001788882-26-000046-index.htm"},{"fact_type":"material_agreement","fact_key":"eaea023e85fc9de0d313a253fb448a82e6635ebe","cik":1788882,"ticker":"ROOT","company_name":"Root, Inc.","filed_at":"2026-05-06T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Credit Agreement","agreement_type":"credit_facility","counterparty":"The Huntington National Bank, as the administrative agent","effective_date":"2026-05-04","item_codes_triggered":["1.01"],"value_text":"$200.0 million"},"claim":"Root, Inc. entered into Credit Agreement with The Huntington National Bank, as the administrative agent valued at $200.0 million (effective 2026-05-04).","evidence_excerpt":"On May 4, 2026, Root, Inc. (the “Company”) entered into that certain Credit Agreement (the “Credit Agreement”), by and among the Company, Caret Holdings, Inc., as borrower (the “Borrower”), the lenders from time to time party thereto and The Huntington National Bank, as the administrative agent.","confidence":0.96,"filing_url":"https://secwatch.observer/filing/0001788882-26-000046","anchor_url":"https://secwatch.observer/filing/0001788882-26-000046#claim-eaea023e85fc9de0d313a253fb448a82e6635ebe","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1788882/000178888226000046/0001788882-26-000046-index.htm"},{"fact_type":"earnings_release","fact_key":"b7652b4d365d9e82afe3b8e00a33cfea7e103758","cik":1788882,"ticker":"ROOT","company_name":"Root, Inc.","filed_at":"2024-04-30T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"net loss of $6 million","period_text":"the quarter ended March 31, 2024","report_date":"2024-04-30","result_type":"reported_results","revenue_text":null},"claim":"Root, Inc. reported the quarter ended March 31, 2024 results: net income net loss of $6 million.","evidence_excerpt":"On April 30, 2024, Root, Inc. (the \"Company\") announced its financial results for the quarter ended March 31, 2024","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001628280-24-019342","anchor_url":"https://secwatch.observer/filing/0001628280-24-019342#claim-b7652b4d365d9e82afe3b8e00a33cfea7e103758","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1788882/000162828024019342/0001628280-24-019342-index.htm"},{"fact_type":"executive_change","fact_key":"3368f0330f","cik":1788882,"ticker":"ROOT","company_name":"Root, Inc.","filed_at":"2024-04-16T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-04-15","interim":false,"role":"Chief Accounting Officer","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"Ryan Forish was appointed as Chief Accounting Officer at Root, Inc..","evidence_excerpt":"On April 15, 2024, Ryan Forish, 41, was appointed Chief Accounting Officer of Root, Inc. (the “Company”).","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001628280-24-016427","anchor_url":"https://secwatch.observer/filing/0001628280-24-016427#claim-3368f0330f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1788882/000162828024016427/0001628280-24-016427-index.htm"},{"fact_type":"earnings_release","fact_key":"1e6697b239731f5331134d554aa230e4df4cd614","cik":1788882,"ticker":"ROOT","company_name":"Root, Inc.","filed_at":"2024-02-21T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"the fourth quarter and the full fiscal year ended December 31, 2023","report_date":"2024-02-21","result_type":"reported_results","revenue_text":null},"claim":"Root, Inc. reported financial results for the fourth quarter and the full fiscal year ended December 31, 2023.","evidence_excerpt":"On February 21, 2024, Root, Inc. (the \"Company\") announced its financial results for the fourth quarter and the full fiscal year ended December 31, 2023 by issuing a letter to Shareholders (the \"Letter\").","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-24-005899","anchor_url":"https://secwatch.observer/filing/0001628280-24-005899#claim-1e6697b239731f5331134d554aa230e4df4cd614","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1788882/000162828024005899/0001628280-24-005899-index.htm"}]}