{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-025674","form_type":"8-K","ticker":"ROOT","cik":"0001788882","company_name":"Root, Inc.","filed_at":"2024-05-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.122625+00:00","generated_at":"2026-06-01T07:27:09.651349+00:00","sec_items":["7.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Root corrects classification of $10.6M tax liability from expense to equity","bullets":["Approximately $10.6M in payroll tax withholding for RSU/PSU vesting will be recorded as Additional paid-in capital, not Operating expense.","Correction applies to Q2 2024 vesting and does not affect cash flows or total equity.","Prior guidance on Q1 2024 earnings call had indicated the amount would be an operating expense; now revised.","Classification change impacts Condensed Consolidated Balance Sheets and Statements of Equity.","No change to total net worth; purely a reclassification between equity and expense line items."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-025674","json":"https://secwatch.observer/filing/0001628280-24-025674.json","markdown":"https://secwatch.observer/filing/0001628280-24-025674.md","text":"https://secwatch.observer/filing/0001628280-24-025674.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1788882/000162828024025674/0001628280-24-025674-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1788882/000162828024025674/root-20240530.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T07:27:09.651349+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"}