Form 4: T. Rowe Price Director Sandra S. Wijnberg Reports Acquisition of Common Stock

Director Sandra S. Wijnberg reports acquisition of 2,157 shares of T. Rowe Price Group Inc. common stock.

Summary

• On May 9, 2025, Sandra S. Wijnberg, 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 $0.00 per share, based on the closing price of TROW shares on May 9, 2025, which was $92.74.
• Following the transaction, Wijnberg beneficially owns 28,129.6142 shares of T. Rowe Price Group Inc. common stock.
• The restricted Award Shares will vest in full upon the earliest of several dates: the day immediately prior to the next Annual Meeting, 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 moderately positive as it reflects a director's investment in the company, signaling confidence. However, it's a routine transaction under an existing equity plan.

Positives

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

Future Outlook

The vesting of the restricted shares is tied to future events, including the next Annual Meeting, death, disability, or a Change in Control.

Industry Context

Director stock acquisitions are common and are viewed as a positive sign, indicating confidence in the company's performance and future prospects. This transaction aligns with standard practices for director compensation and equity ownership.

Comparison to Industry Standards

• Director equity grants are a common practice among publicly traded companies like T. Rowe Price, aligning director interests with shareholder value.
• Companies such as BlackRock and Vanguard also utilize similar equity-based compensation plans for their directors.
• The vesting schedules and terms are generally comparable to industry standards, often tied to continued service or specific corporate events.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.

Key Dates

Keywords

T. Rowe Price, Director, Stock Acquisition, Beneficial Ownership, Form 4, Equity Plan, Vesting