{"schema_version":"secwatch.filing_event.v1","accession":"0001788882-21-000051","form_type":"8-K","ticker":"ROOT","cik":"0001788882","company_name":"Root, Inc.","filed_at":"2021-07-02T23:59:59+00:00","discovered_at":"2026-05-14T18:04:19.679622+00:00","generated_at":"2026-06-30T07:41:59.551541+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Root CTO Daniel Manges ceases as employee, becomes advisor for $10k/month; unvested equity forfeited","bullets":["Daniel Manges ceases as CTO employee effective July 2, 2021, and enters Advisor Agreement starting July 3, 2021.","Monthly advisor fee of $10,000 plus reasonable approved expenses; either party may terminate at any time.","Unvested equity awards forfeited; 1,257,080 restricted shares subject to repurchase by Root at $0.678/share.","Transition was previously disclosed on June 7, 2021; Manges had agreed to step down as CTO effective June 21."],"urls":{"canonical":"https://secwatch.observer/filing/0001788882-21-000051","json":"https://secwatch.observer/filing/0001788882-21-000051.json","markdown":"https://secwatch.observer/filing/0001788882-21-000051.md","text":"https://secwatch.observer/filing/0001788882-21-000051.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1788882/000178888221000051/0001788882-21-000051-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1788882/000178888221000051/root-20210701.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-30T07:41:59.551541+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":[{"claim_id":"6698e26c49","claim":"Daniel Manges changed role as Chief Technology Officer at Root, Inc..","evidence_excerpt":"effective June 21, 2021, Daniel Manges, Chief Technology Officer, agreed to transition out of his role","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1788882/000178888221000051/0001788882-21-000051-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"agreed to transition out of his role"},{"label":"Role","value":"Chief Technology Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}