Form 4: T. Rowe Price Director William P. Donnelly Acquires Shares Through Dividend Reinvestment

Director William P. Donnelly acquired additional shares of T. Rowe Price Group Inc. common stock through a dividend reinvestment plan.

Summary

• On September 27, 2024, William P. Donnelly, a director of T. Rowe Price Group, Inc., acquired 66.2857 shares of common stock at a price of $109.51 per share.
• The acquisition was made through the T. Rowe Price Group, Inc. 2017 Non-Employee Director Equity Plan, related to dividends declared on the company's common stock.
• A portion of the shares were credited as fully vested dividend reinvestment shares, while another portion will accrue and vest when the corresponding grant vests.
• Following the transaction, Donnelly beneficially owns 5,920.2717 shares of T. Rowe Price Group Inc. common stock.

Sentiment

Score: 7

Explanation: Routine transaction indicating a director's continued investment in the company, generally viewed as a neutral to slightly positive signal.

Positives

• Director's participation in dividend reinvestment plan signals confidence in the company's future.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of a director's stock acquisition through a dividend reinvestment plan, a common practice among publicly traded companies.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine acquisition of shares by a director.

Key Dates