[SCHEDULE 13G/A] Root, Inc. SEC Filing
Drive Capital-related entities and Christopher Olsen filed an amended Schedule 13G reporting collective beneficial ownership of 307,732 shares of Root, Inc. Class A common stock, representing 2.3% of the outstanding Class A shares based on 13,618,876 shares outstanding. Ownership is held across multiple Delaware and Ohio entities: Drive Capital Overdrive Fund I, Drive Capital Overdrive Fund I (TE), Drive Capital Overdrive Ignition Fund I, Drive Capital Overdrive Fund I (GP), Drive Capital, DC I Investment, Purple Dot, and the Dwight H. Hibbard Family Trust. The filing details sole voting and dispositive power attributed to various entities and notes Christopher Olsen may be deemed to have voting and dispositive power through his roles. The document is an amendment executed and signed by Olsen on 08/14/2025.
Entità correlate a Drive Capital e Christopher Olsen hanno depositato un emendamento al Schedule 13G, dichiarando la proprietà collettiva di 307.732 azioni ordinarie di Classe A di Root, Inc., corrispondenti al 2,3% delle azioni di Classe A in circolazione su un totale di 13.618.876 azioni. La partecipazione è detenuta tramite più società del Delaware e dell'Ohio: Drive Capital Overdrive Fund I, Drive Capital Overdrive Fund I (TE), Drive Capital Overdrive Ignition Fund I, Drive Capital Overdrive Fund I (GP), Drive Capital, DC I Investment, Purple Dot e il Dwight H. Hibbard Family Trust. Il deposito specifica i poteri di voto e dispositivi esclusivi attribuiti a varie entità e indica che Christopher Olsen potrebbe essere considerato titolare dei poteri di voto e dispositivi in virtù dei suoi ruoli. Il documento è un emendamento firmato da Olsen in data 08/14/2025.
Entidades relacionadas con Drive Capital y Christopher Olsen presentaron una enmienda al Schedule 13G informando la propiedad colectiva de 307.732 acciones ordinarias Clase A de Root, Inc., que representan el 2,3% de las acciones Clase A en circulación sobre un total de 13.618.876 acciones. La participación se mantiene a través de varias entidades de Delaware y Ohio: Drive Capital Overdrive Fund I, Drive Capital Overdrive Fund I (TE), Drive Capital Overdrive Ignition Fund I, Drive Capital Overdrive Fund I (GP), Drive Capital, DC I Investment, Purple Dot y el Dwight H. Hibbard Family Trust. La presentación detalla el poder de voto y dispositive exclusivo atribuido a distintas entidades y señala que Christopher Olsen puede ser considerado con poder de voto y dispositive por sus funciones. El documento es una enmienda ejecutada y firmada por Olsen el 08/14/2025.
Drive Capital ê´€ë � 단체들과 Christopher Olsenì€ Schedule 13G ìˆ˜ì •ì„œë¥¼ ì œì¶œí•˜ì—¬ Root, Inc. í´ëž˜ìŠ� A 보통ì£� 307,732주를 ê³µë™ìœ¼ë¡œ ë³´ìœ í•˜ê³ ìžˆìŒì� ë³´ê³ í–ˆìŠµë‹ˆë‹¤. ì´ëŠ” ì´� 발행 í´ëž˜ìŠ� A ì£¼ì‹ 13,618,876ì£� 기준으로 2.3%ì—� 해당합니ë‹�. ì§€ë¶„ì€ Delaware와 Ohioì—� 등ë¡ë� 여러 법ì¸ì� 통해 ë³´ìœ ë˜ì–´ 있습니다: Drive Capital Overdrive Fund I, Drive Capital Overdrive Fund I (TE), Drive Capital Overdrive Ignition Fund I, Drive Capital Overdrive Fund I (GP), Drive Capital, DC I Investment, Purple Dot ë°� Dwight H. Hibbard Family Trust. ì œì¶œì„œë¥˜ëŠ� ê°� 법ì¸ì—� ê·€ì†ëœ ë‹¨ë… ì˜ê²°ê¶� ë°� ì²˜ë¶„ê¶Œì„ ìƒì„¸íž� ê¸°ìž¬í•˜ê³ ìžˆìœ¼ë©�, Christopher Olsenì� ê·¸ì˜ ì§ì±…ì� 통해 ì˜ê²°ê¶� ë°� ì²˜ë¶„ê¶Œì„ ê°€ì§€ëŠ� 것으ë¡� 간주ë� ìˆ� 있ìŒì� 언급합니ë‹�. 문서ëŠ� 08/14/2025ì—� Olsenì� 서명í•� ìˆ˜ì •ì„œìž…ë‹ˆë‹¤.
Des entités liées à Drive Capital et Christopher Olsen ont déposé un amendement au Schedule 13G déclarant une détention collective de 307,732 actions ordinaires de classe A de Root, Inc., représentant 2,3% des actions de classe A en circulation sur un total de 13,618,876 actions. La participation est détenue par plusieurs entités du Delaware et de l'Ohio : Drive Capital Overdrive Fund I, Drive Capital Overdrive Fund I (TE), Drive Capital Overdrive Ignition Fund I, Drive Capital Overdrive Fund I (GP), Drive Capital, DC I Investment, Purple Dot et le Dwight H. Hibbard Family Trust. Le dépôt précise les pouvoirs de vote et de disposition exclusifs attribués à diverses entités et indique que Christopher Olsen peut être réputé détenir des pouvoirs de vote et de disposition du fait de ses fonctions. Le document est un amendement signé par Olsen le 08/14/2025.
Drive Capital-nahe Einheitén und Christopher Olsen haben eine geänderte Schedule 13G eingereicht, in der sie den gemeinsamen wirtschaftlichen Besitz von 307.732 Stammaktien der Klasse A von Root, Inc. melden. Dies entspricht 2,3% der ausstehenden Klasse-A-Aktien bei insgesamt 13.618.876 ausstehenden Aktien. Das Eigentum wird über mehrere in Delaware und Ohio eingetragene Gesellschaften gehalten: Drive Capital Overdrive Fund I, Drive Capital Overdrive Fund I (TE), Drive Capital Overdrive Ignition Fund I, Drive Capital Overdrive Fund I (GP), Drive Capital, DC I Investment, Purple Dot und den Dwight H. Hibbard Family Trust. Die Einreichung erläutert die einzelnen Stimm- und Verfügungsrechte, die verschiedenen Einheiten zugeordnet sind, und stellt fest, dass Christopher Olsen aufgrund seiner Funktionen als Inhaber von Stimm- und Verfügungsrechten gelten könnte. Das Dokument ist eine Änderung, die von Olsen am 08/14/2025 unterzeichnet wurde.
- Consolidated disclosure of all affiliated entities' holdings provides transparent reporting of total beneficial ownership
- Clear ownership figures: 307,732 shares and the issuer's outstanding share base (13,618,876) permit precise percentage calculation (2.3%)
- Attribution of voting/dispositive power is explicitly stated, identifying Christopher Olsen's roles across entities
- None.
Insights
TL;DR: Ownership disclosure shows a modest 2.3% stake spread across affiliated vehicles, insufficient for control but relevant for ownership transparency.
The Schedule 13G/A consolidates holdings across multiple Drive Capital entities and related vehicles, totaling 307,732 shares (2.3%). For investors, this clarifies insider-affiliated ownership concentration and potential coordination of voting rights through Christopher Olsen's managerial and trustee roles. The positions are below 5%, so they do not trigger Schedule 13D control presumptions. The filing cites the issuer's reported outstanding Class A share count of 13,618,876, providing a clear ownership percentage basis.
TL;DR: Disclosure signals centralized decision-making authority in Olsen across multiple entities, although stake is non-controlling at 2.3%.
The amendment details that voting and dispositive powers may be exercised by Drive Capital GP entities and ultimately by Christopher Olsen in several capacities (manager, trustee, managing member). This aggregation of authority is important for governance transparency: while the aggregate economic interest is non-controlling, the filing documents potential coordinated voting influence. The clear attribution of sole voting and dispositive power for each reporting entity meets SEC transparency expectations for related-party holdings.
Entità correlate a Drive Capital e Christopher Olsen hanno depositato un emendamento al Schedule 13G, dichiarando la proprietà collettiva di 307.732 azioni ordinarie di Classe A di Root, Inc., corrispondenti al 2,3% delle azioni di Classe A in circolazione su un totale di 13.618.876 azioni. La partecipazione è detenuta tramite più società del Delaware e dell'Ohio: Drive Capital Overdrive Fund I, Drive Capital Overdrive Fund I (TE), Drive Capital Overdrive Ignition Fund I, Drive Capital Overdrive Fund I (GP), Drive Capital, DC I Investment, Purple Dot e il Dwight H. Hibbard Family Trust. Il deposito specifica i poteri di voto e dispositivi esclusivi attribuiti a varie entità e indica che Christopher Olsen potrebbe essere considerato titolare dei poteri di voto e dispositivi in virtù dei suoi ruoli. Il documento è un emendamento firmato da Olsen in data 08/14/2025.
Entidades relacionadas con Drive Capital y Christopher Olsen presentaron una enmienda al Schedule 13G informando la propiedad colectiva de 307.732 acciones ordinarias Clase A de Root, Inc., que representan el 2,3% de las acciones Clase A en circulación sobre un total de 13.618.876 acciones. La participación se mantiene a través de varias entidades de Delaware y Ohio: Drive Capital Overdrive Fund I, Drive Capital Overdrive Fund I (TE), Drive Capital Overdrive Ignition Fund I, Drive Capital Overdrive Fund I (GP), Drive Capital, DC I Investment, Purple Dot y el Dwight H. Hibbard Family Trust. La presentación detalla el poder de voto y dispositive exclusivo atribuido a distintas entidades y señala que Christopher Olsen puede ser considerado con poder de voto y dispositive por sus funciones. El documento es una enmienda ejecutada y firmada por Olsen el 08/14/2025.
Drive Capital ê´€ë � 단체들과 Christopher Olsenì€ Schedule 13G ìˆ˜ì •ì„œë¥¼ ì œì¶œí•˜ì—¬ Root, Inc. í´ëž˜ìŠ� A 보통ì£� 307,732주를 ê³µë™ìœ¼ë¡œ ë³´ìœ í•˜ê³ ìžˆìŒì� ë³´ê³ í–ˆìŠµë‹ˆë‹¤. ì´ëŠ” ì´� 발행 í´ëž˜ìŠ� A ì£¼ì‹ 13,618,876ì£� 기준으로 2.3%ì—� 해당합니ë‹�. ì§€ë¶„ì€ Delaware와 Ohioì—� 등ë¡ë� 여러 법ì¸ì� 통해 ë³´ìœ ë˜ì–´ 있습니다: Drive Capital Overdrive Fund I, Drive Capital Overdrive Fund I (TE), Drive Capital Overdrive Ignition Fund I, Drive Capital Overdrive Fund I (GP), Drive Capital, DC I Investment, Purple Dot ë°� Dwight H. Hibbard Family Trust. ì œì¶œì„œë¥˜ëŠ� ê°� 법ì¸ì—� ê·€ì†ëœ ë‹¨ë… ì˜ê²°ê¶� ë°� ì²˜ë¶„ê¶Œì„ ìƒì„¸íž� ê¸°ìž¬í•˜ê³ ìžˆìœ¼ë©�, Christopher Olsenì� ê·¸ì˜ ì§ì±…ì� 통해 ì˜ê²°ê¶� ë°� ì²˜ë¶„ê¶Œì„ ê°€ì§€ëŠ� 것으ë¡� 간주ë� ìˆ� 있ìŒì� 언급합니ë‹�. 문서ëŠ� 08/14/2025ì—� Olsenì� 서명í•� ìˆ˜ì •ì„œìž…ë‹ˆë‹¤.
Des entités liées à Drive Capital et Christopher Olsen ont déposé un amendement au Schedule 13G déclarant une détention collective de 307,732 actions ordinaires de classe A de Root, Inc., représentant 2,3% des actions de classe A en circulation sur un total de 13,618,876 actions. La participation est détenue par plusieurs entités du Delaware et de l'Ohio : Drive Capital Overdrive Fund I, Drive Capital Overdrive Fund I (TE), Drive Capital Overdrive Ignition Fund I, Drive Capital Overdrive Fund I (GP), Drive Capital, DC I Investment, Purple Dot et le Dwight H. Hibbard Family Trust. Le dépôt précise les pouvoirs de vote et de disposition exclusifs attribués à diverses entités et indique que Christopher Olsen peut être réputé détenir des pouvoirs de vote et de disposition du fait de ses fonctions. Le document est un amendement signé par Olsen le 08/14/2025.
Drive Capital-nahe Einheitén und Christopher Olsen haben eine geänderte Schedule 13G eingereicht, in der sie den gemeinsamen wirtschaftlichen Besitz von 307.732 Stammaktien der Klasse A von Root, Inc. melden. Dies entspricht 2,3% der ausstehenden Klasse-A-Aktien bei insgesamt 13.618.876 ausstehenden Aktien. Das Eigentum wird über mehrere in Delaware und Ohio eingetragene Gesellschaften gehalten: Drive Capital Overdrive Fund I, Drive Capital Overdrive Fund I (TE), Drive Capital Overdrive Ignition Fund I, Drive Capital Overdrive Fund I (GP), Drive Capital, DC I Investment, Purple Dot und den Dwight H. Hibbard Family Trust. Die Einreichung erläutert die einzelnen Stimm- und Verfügungsrechte, die verschiedenen Einheiten zugeordnet sind, und stellt fest, dass Christopher Olsen aufgrund seiner Funktionen als Inhaber von Stimm- und Verfügungsrechten gelten könnte. Das Dokument ist eine Änderung, die von Olsen am 08/14/2025 unterzeichnet wurde.