Form 4: T. Rowe Price Director Alan D. Wilson Reports Acquisition of Common Stock

Director Alan D. Wilson reports acquisition of 1,794 shares of T. Rowe Price Group, Inc. common stock through a restricted stock unit grant.

Summary

• Alan D. Wilson, a director of T. Rowe Price Group, Inc., reported acquiring 1,794 shares of common stock on May 8, 2024.
• The acquisition was through a grant of restricted stock units under the 2017 Non-Employee Director Equity Plan.
• The restricted stock units were issued at a price of $111.49 per share, which was the closing price of TROW shares on May 8, 2024.
• Following the transaction, Wilson directly owns 30,464.9246 shares of T. Rowe Price common stock.
• The restricted stock units will vest in full upon the earliest of several conditions, including the next annual meeting, death, disability, or a change in control.

Sentiment

Score: 6

Explanation: The document is a neutral regulatory filing. The director's stock acquisition could be seen as a mildly positive signal, but it's primarily a routine disclosure.

Positives

• The acquisition of shares by a director signals confidence in the company's future.

Industry Context

This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates