ROOT, INC. Executive Salary: Relatives and Related Persons
Pay, loans and other amounts the proxy statement discloses for executives' and directors' relatives and other related persons (the related-person transactions section), with the filed sentence.
- 2021: Person Not named; Relation brother-in-law, of Hemal Shah; Amount $264.42K.
- 2021: Person Not named; Relation brother-in-law, of Hemal Shah; Amount $156.35K.
- 2021: Person BeecherHill, LLC; Relation related entity, of Larry Hilsheimer; Amount $137.05K.
- 2021: Person Not named; Relation brother-in-law, of Hemal Shah, employed by Caret Holdings.
| Fiscal year | Person | Relation | Amount | As filed |
|---|---|---|---|---|
| 2021 | Not named | brother-in-law, of Hemal Shah | $264.42K | “In 2021, he was paid compensation in the amount of $264,415, and received equity with a fair market value at the time of grant of $156,351.” |
| 2021 | Not named | brother-in-law, of Hemal Shah | $156.35K | “In 2021, he was paid compensation in the amount of $264,415, and received equity with a fair market value at the time of grant of $156,351.” |
| 2021 | BeecherHill, LLC | related entity, of Larry Hilsheimer | $137.05K | “From January 1, 2021 to December 31, 2021, we paid a total of $137,050 to BeecherHill, LLC (“BeecherHill”), an executive search firm, for services.” |
| 2021 | Not named | brother-in-law, of Hemal Shah, employed by Caret Holdings | “Andrew Jorgensen, the brother-in-law of Hemal Shah, served as a senior software engineer for our wholly owned subsidiary, Caret Holdings, Inc. Mr. Jorgensen had been employed by Caret Holdings, Inc. since 2019, but is no longer employed by the company.” |