Form 4: T. Rowe Price Director Acquires Restricted Stock Units

Richard R. Verma, a Director at T. Rowe Price Group Inc., acquired 1,899 Restricted Stock Units on May 8, 2026, as part of the 2017 Non-Employee Director Equity Plan.

Summary

• Richard R. Verma, a Director at T. Rowe Price Group Inc. (TROW), acquired 1,899 Restricted Stock Units (RSUs) on May 8, 2026.
• These RSUs were issued under the 2017 Non-Employee Director Equity Plan at a price of $105.33 per share, which was the closing price on the grant date.
• The acquired securities are directly beneficially owned by Mr. Verma, bringing his total direct ownership to 4,835.2923 shares of common stock.
• The RSUs are subject to forfeiture provisions and will vest in full upon the earliest of: the day before the next annual meeting, death, total and permanent disability, or a change in control.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard equity grant to a director rather than a significant new financial event or strategic shift.

Positives

• Director acquisition of company stock can signal confidence in the company's future prospects.
• The issuance of RSUs under an equity plan is a standard practice for director compensation.

Risks

• The Restricted Stock Units are subject to forfeiture provisions, meaning they may not fully vest under certain conditions.
• Vesting is contingent on specific events such as continued service until the next annual meeting, death, disability, or a change in control.

Future Outlook

The vesting of the Restricted Stock Units is contingent upon future events, including the next annual meeting, death, disability, or a change in control.

Industry Context

StockSavvy.ai notes that director equity grants are a common component of executive and director compensation in the asset management industry, aligning incentives with long-term shareholder value.

Stakeholder Impact

• Shareholders: The acquisition of stock by a director can be viewed positively, indicating alignment with shareholder interests. However, the amount is relatively small in the context of the overall company.

Next Steps

• Vesting of Restricted Stock Units upon the occurrence of specified events (next annual meeting, death, disability, or change in control).

Key Dates

Keywords

T. Rowe Price, TROW, Form 4, Director, Restricted Stock Units, Equity Plan, Beneficial Ownership, SEC Filing