{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-22-003501","form_type":"8-K","ticker":"ROOT","cik":"0001788882","company_name":"Root, Inc.","filed_at":"2022-02-23T23:59:59+00:00","discovered_at":"2026-05-14T18:04:08.220872+00:00","generated_at":"2026-06-27T05:35:24.629440+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Root Q4 2021: gross profit -$23M, loss ratio ~90%; cuts marketing 62%, expects H1 GWP decline","bullets":["Gross written premium +9% to $158M; gross earned premium +22% to $189M.","Gross profit -$23M vs -$6M in Q4 2020; loss ratio ~90% well above 65% goal.","Reduced direct operating loss to $92M in Q4 from $172M in Q2; cut marketing 62%.","Expects ~25% operating loss improvement in H1 2022 before restructuring; GWP to decline YoY.","Matt Bonakdarpour appointed CTO; CPO Hemal Shah to resign effective March 18."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-22-003501","json":"https://secwatch.observer/filing/0001628280-22-003501.json","markdown":"https://secwatch.observer/filing/0001628280-22-003501.md","text":"https://secwatch.observer/filing/0001628280-22-003501.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1788882/000162828022003501/0001628280-22-003501-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1788882/000162828022003501/root-20220223.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T05:35:24.629440+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}