$Root Inc (ROOT.US)$ 10% Shareholder Malka Meyer sold 395.26K shares of common stock on Nov 7, 8, 11, 2024 at an average price of $81.9951 for a total value of $32.41 million.
This transaction involves other related parties: Ribbit Capital IV, L.P. and Bullfrog Capital, L.P..
What is statement of changes in beneficial ownership of securities?
It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.