secwatch.observer — SEC 8-K summary
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Issuer:     Root, Inc. (ROOT)
CIK:        0001788882
Form:       8-K
Filed at:   2022-03-23T23:59:59+00:00
Accession:  0001788882-22-000013
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Root appoints Robert Bateman as CFO effective April 11, 2022; replaces Dan Rosenthal
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- Robert Bateman, former President and CFO of Ategrity Specialty Insurance, named CFO.
- Base salary of $500,000; target bonus 100% of salary with $500,000 minimum for 2022.
- One-time RSU grant of $1,200,000 vesting over two years; 2023 LTI target $1,800,000.
- Dan Rosenthal, previous CFO, fully transitions to Chief Revenue and Operating Officer.
- Bateman brings over 20 years of insurance finance experience from Infinity, COUNTRY Financial, Hartford.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1788882/000178888222000013/0001788882-22-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1788882/000178888222000013/root-20220318.htm
  HTML page:      https://secwatch.observer/filing/0001788882-22-000013

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