Alexander Timm compensation by year
Root Summary Compensation Table · all 7 fiscal years held| Component | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Salary | $298,333 | $600,000 | $709,615 | $750,000 | $750,000 | $750,000 | $750,000 |
| Bonus | $0 | $0 | $0 | $0 | $2,600,000 | $0 | $0 |
| Stock awards | $0 | $0 | $5,066,228 | $2,117,395 | $2,121,471 | $6,504,587 | $5,499,875 |
| Option awards | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $795,000 | $541,476 | $0 | $2,250,000 | $3,206,250 | $3,375,000 | $1,687,500 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $0 | $2,714,652 | $8,852 | $9,335 | $10,085 | $23,533 | $225,973 |
| Total | $1,093,333 | $3,856,128 | $5,784,695 | $5,126,730 | $8,687,806 | $10,653,120 | $8,163,348 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Root, Inc. DEF 14A filed April 24, 2026, accession 0001788882-26-000033, and prior-year filings.
How this page was built: the Root, Inc. filed document, accession 0001788882-26-000033. Every figure is read from that document and cited to the page and table it appears in. Filed April 24, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 146,927 | $10,612,537 | — |
| RSU | 113,659 | $8,209,590 | — |
| RSU | 78,626 | $5,679,156 | — |
| RSU | 78,290 | $5,654,887 | — |
| RSU | 12,088 | $873,116 | — |
| RSU | 8,736 | $631,001 | — |
| RSU | 7,672 | $554,149 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in Root, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments Root discloses, by trigger · FY2024| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Involuntary for cause | — | — | — | $0 |
| Death | — | — | — | $0 |
| Change in control and involuntary termination | $750,000 | $29,999,995 | $28,276 | $30,778,271 |
| Voluntary resignation | $750,000 | — | $28,276 | $778,276 |
| Involuntary termination without cause | $750,000 | $6,859,610 | $28,276 | $7,637,886 |
Per the Potential Payments Upon Termination or Change in Control table in Root, Inc.'s FY2024 proxy. Estimates as the company printed them; a dash means it printed no figure.
Root’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Alexander Timm · this page | Co-Founder, CEO and Director | $8,163,348 |
| Mahtiyar Bonakdarpour | President and Chief Technology Officer | $5,085,676 |
| Jonathan Allison | Chief Administrative Officer | $3,710,656 |
| Megan Binkley | Chief Financial Officer | $3,682,861 |
Board service
Root board · FY2021–FY2025How this board is paid
Company policy: Root pays directors a $85,000 cash retainer and $175,000 in RSUs. As stated in Root's FY2025 proxy.
The full Root compensation record
free company briefThis page is one person within Root's record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the Root proxy · each links to its own free briefCompensation, the day it’s disclosed
The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Root's full Executive Compensation Report with peer benchmarking.
How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Root's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.