Form 4: T. Rowe Price Director Dublon Reports Dividend Reinvestment
SEC Form 4
Director Dina Dublon reports acquisition of shares through dividend reinvestment in T. Rowe Price Group Inc.
Summary
- Dina Dublon, a director of T. Rowe Price Group Inc., reported a transaction on September 27, 2024.
- The transaction involved the acquisition of 99.3108 shares of common stock through dividend reinvestment.
- The price per share was $109.51.
- Following the transaction, Dublon's beneficial ownership of T. Rowe Price common stock is 12,553.8996 shares.
- The shares were acquired pursuant to the T. Rowe Price Group, Inc. 2017 Non-Employee Director Equity Plan.
Sentiment
Score: 7
Explanation: Routine insider activity (dividend reinvestment) is generally viewed as a neutral to slightly positive signal.
Positives
- The director's participation in the dividend reinvestment plan signals confidence in the company's performance.
Industry Context
Dividend reinvestment by a company director is a common practice and generally viewed positively by investors.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals insider confidence.
Key Dates
| Date | Description |
|---|---|
| 5/29/2019 | Date of the Limited Power of Attorney granted by Dina Dublon. |
| 09/27/2024 | Date of the transaction involving the acquisition of shares through dividend reinvestment. |
| 09/30/2024 | Date of signature on the report. |
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