Form 4: T. Rowe Price Director Robert Stevens Acquires Shares Under Equity Plan

Director Robert J. Stevens acquired 2,157 shares of T. Rowe Price Group Inc. under the company's Non-Employee Director Equity Plan.

Summary

• On May 9, 2025, Robert J. Stevens, a director of T. Rowe Price Group Inc., acquired 2,157 shares of common stock.
• The acquisition was made under the 2017 Non-Employee Director Equity Plan.
• The shares were issued at a price of $92.74 per share, which was the closing price of TROW shares on that date.
• Following the transaction, Stevens beneficially owns 20,211.883 shares of T. Rowe Price common stock.
• The restricted stock units will vest fully upon the earliest of the following dates: the day immediately prior to the Annual Meeting that occurs in the next calendar year following the year in which the Award Shares were granted, date of death, the date on which it has been determined that the award holder suffered, a Total and Permanent Disability, or the date on which a Change in Control occurs.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. A director acquiring shares suggests confidence, but it's a routine transaction under an existing plan.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Director share acquisitions are common in publicly traded companies as part of compensation packages and can reflect management's alignment with shareholder interests.

Comparison to Industry Standards

• Director equity grants are a standard practice among publicly listed companies like T. Rowe Price.
• Companies such as BlackRock and Franklin Resources also utilize equity-based compensation for their directors.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders, as it signals confidence from a company director.

Key Dates

Keywords

T. Rowe Price, Director, Share Acquisition, Equity Plan, Form 4, Beneficial Ownership, TROW, Robert J. Stevens