secwatch.observer — SEC 8-K summary
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Issuer:     Root, Inc. (ROOT)
CIK:        0001788882
Form:       8-K
Filed at:   2022-06-10T23:59:59+00:00
Accession:  0001788882-22-000022
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Root shareholders approve reverse stock split; director Luis von Ahn departs
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- Luis von Ahn not renominated; his term as director expired June 7, 2022.
- Stockholders elected Jerri DeVard, Nancy Kramer, and Scott Maw as Class II directors.
- Ratified Deloitte & Touche as independent auditor for 2022 with 805.1M votes for.
- Advisory say-on-pay approved (751.4M for); future votes every year.
- Approved reverse stock split of Class A and B common stock with 796.4M votes for.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1788882/000178888222000022/0001788882-22-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1788882/000178888222000022/root-20220607.htm
  HTML page:      https://secwatch.observer/filing/0001788882-22-000022

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