{"schema_version":"secwatch.filing_event.v1","accession":"0001788882-26-000068","form_type":"8-K","ticker":"ROOT","cik":"0001788882","company_name":"Root, Inc.","filed_at":"2026-09-01T20:07:10+00:00","discovered_at":"2026-09-01T20:08:02.154564+00:00","generated_at":"2026-09-01T20:08:12.692782+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Root and Carvana restructure warrants; new warrant for 1.53M shares tied to insurance milestones","bullets":["Cancelled all outstanding long-term warrants from Oct 2021; issued new warrant for up to 1,525,560 shares in five tranches of 305,112 each.","New warrant exercisable only upon achieving milestones tied to insurance sales through Carvana Integrated Platform.","Amended Commercial Agreement: initial term now 2 years from Aug 31, 2026, auto-renewing 12-month terms; revised exclusivity and commission tiers.","Also amended Investment Agreement and Registration Rights Agreement to reflect warrant restructuring.","Carvana represented as accredited investor; issuance exempt under Section 4(a)(2)."],"urls":{"canonical":"https://secwatch.observer/filing/0001788882-26-000068","json":"https://secwatch.observer/filing/0001788882-26-000068.json","markdown":"https://secwatch.observer/filing/0001788882-26-000068.md","text":"https://secwatch.observer/filing/0001788882-26-000068.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1788882/000178888226000068/0001788882-26-000068-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1788882/000178888226000068/root-20260831.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-01T20:08:12.692782+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"}