Form 4: T. Rowe Price Director MacLellan Exercises Stock Options, Acquires Shares
SEC Form 4 Filing
Director Robert F. MacLellan exercised stock options to acquire 4,370 shares of T. Rowe Price common stock at a price of $76.6873 on October 22, 2024.
Summary
- On October 22, 2024, Robert F. MacLellan, a director of T. Rowe Price Group Inc., exercised stock options.
- This transaction resulted in the acquisition of 4,370 shares of common stock at a price of $76.6873 per share.
- Following the transaction, MacLellan directly owns 41,642.1435 shares of T. Rowe Price common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine stock option exercise. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders, ensuring compliance with SEC regulations.
- Similar filings are made by directors and officers of companies like BlackRock, Vanguard, and State Street when they trade their company's stock.
Key Dates
| Date | Description |
|---|---|
| 04/22/2015 | Date exercisable for stock options |
| 10/22/2024 | Date of transaction: Stock options exercised and shares acquired |
| 10/28/2024 | Expiration date for stock options |
| 10/23/2024 | Date of signature for the report |
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