secwatch.observer — SEC 8-K summary
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Issuer:     Root, Inc. (ROOT)
CIK:        0001788882
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001628280-23-035296
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Root elects Donna Dorsey of Navistar to Board as Class I director; adopts director compensation policy
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- Donna Dorsey, EVP and Chief People Officer of Navistar, elected to Root's Board as Class I director, term through 2024 annual meeting.
- Ms. Dorsey will serve on the Board's Compensation Committee.
- Board adopted updated Non-Employee Director Compensation Policy effective August 16, 2023, with annual cash retainers up to $85,000 and equity awards up to $175,000.
- Policy sets committee chair retainers: Audit $20,000, Compensation $15,000, Nominating/Governance and Strategy $10,000 each.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1788882/000162828023035296/0001628280-23-035296-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1788882/000162828023035296/root-20231026.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-035296

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer