Form 4: T. Rowe Price Director Acquires Shares via Equity Plan

T. Rowe Price Group Director Allan C. Golston acquired 35.0341 shares of common stock at $103.64 per share through a dividend reinvestment plan.

Summary

• Allan C. Golston, a Director of T. Rowe Price Group Inc. (TROW), acquired 35.0341 shares of common stock.
• The transaction occurred on December 30, 2025, at a price of $103.64 per share.
• This acquisition was made pursuant to the T. Rowe Price Group, Inc. 2017 Non-Employee Director Equity Plan, specifically related to dividends declared on the issuer's Common Stock.
• The acquired shares will accrue and vest when the corresponding grant vests.
• Following this transaction, Mr. Golston directly beneficially owns 2,894.0341 shares of common stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 6

Explanation: The filing reports a routine insider acquisition of shares through a dividend reinvestment plan, which is generally a neutral to slightly positive signal as it indicates continued participation and alignment of a director with the company's equity.

Positives

• A director's acquisition of shares, even through a plan, can signal confidence in the company's future performance.
• The transaction is part of a structured equity plan, aligning director interests with shareholders.

Future Outlook

This Form 4 filing reports a past transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

Form 4 filings are routine disclosures for insiders of publicly traded companies, reporting changes in their beneficial ownership of company securities. This specific filing indicates a director's participation in an equity plan, a common practice to align management and director interests with shareholders in the financial services industry.

Corporate Governance

Stakeholder Impact

• Shareholders: Minor positive signal of director confidence and alignment.

Next Steps

• The acquired shares will accrue and vest when the corresponding grant vests.

Key Dates

Keywords

TROW, Insider Transaction, Form 4, Director Stock Acquisition, Equity Plan, Dividend Reinvestment, Corporate Governance, Allan C. Golston