Form 4: T. Rowe Price CFO Jennifer Dardis Reports Stock Acquisitions

Jennifer Dardis, CFO and VP of T. Rowe Price Group Inc., reports acquiring shares through an employee stock purchase plan and performance-based restricted stock awards.

Summary

• On February 10, 2025, Jennifer Dardis, CFO and VP of T. Rowe Price Group Inc., acquired 33.68 shares of common stock through the company's Employee Stock Purchase Plan at a weighted-average price of $115.6431.
• Additionally, Ms. Dardis acquired 2,939 shares of common stock related to performance-based restricted stock awards where the performance threshold was met.
• These awards vest in two equal annual installments beginning on December 10, 2025.
• Following these transactions, Ms. Dardis beneficially owns 36,992.3845 shares of T. Rowe Price common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects routine stock acquisitions by the CFO, indicating confidence in the company's performance and future prospects. The vesting of performance-based awards further supports this positive outlook.

Positives

• The acquisition of shares through the Employee Stock Purchase Plan indicates confidence in the company's future.
• The vesting of performance-based restricted stock awards suggests that performance goals were achieved.

Future Outlook

The performance-based restricted stock awards will continue to vest in two equal annual installments beginning on December 10, 2025.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their holdings in the company's stock.

Key Dates

Keywords

T. Rowe Price, Jennifer Dardis, CFO, Stock Acquisition, Employee Stock Purchase Plan, Performance-Based Restricted Stock, Beneficial Ownership, Form 4