Daniel Manges, Chief Technology Officer at Root, Inc. (ROOT), sold 500,000 shares at $11.03 ($5.5M) on 2021-03-12, disclosed to the SEC on 2021-03-16.
Open-market sale of $5.5M ROOT by Chief Technology Officer. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $11.03 | 213,573 | $2.4M | 42.7% |
| 2 | $11.03 | 213,573 | $2.4M | 42.7% |
| 3 | $11.09 | 36,427 | $404K | 7.3% |
| 4 | $11.09 | 36,427 | $404K | 7.3% |
| Total | $11.04 avg | 500,000 | $5.5M | 100% |
| Filing → |
| ROOT | BUY | 2021-03-02 | $27K | — | Filing → |