Form 4: T. Rowe Price Director William P. Donnelly Reports Stock Acquisition Through Dividend Reinvestment
SEC Form 4
Director William P. Donnelly acquired additional shares of T. Rowe Price Group Inc. common stock through a dividend reinvestment plan.
Summary
- On March 28, 2025, William P. Donnelly, a director of T. Rowe Price Group Inc., acquired 90.4927 shares of common stock.
- 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.
- Some shares were credited as fully-vested dividend reinvestment shares, while others will vest when the corresponding grant vests.
- Following the transaction, Donnelly beneficially owns 6,615.2306 shares of T. Rowe Price Group Inc. common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through dividend reinvestment.
Positives
- The acquisition of shares through dividend reinvestment demonstrates Donnelly's continued investment in the company.
Industry Context
This filing is a routine disclosure related to insider transactions and dividend reinvestment, common practice for directors of publicly traded companies.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 2023-10-30 | Date of Power of Attorney |
| 2025-03-28 | Date of transaction: Acquisition of shares through dividend reinvestment |
| 2025-03-31 | Date of signature for the report |
Keywords
Form 4, T. Rowe Price, Director, Donnelly, Dividend Reinvestment, Beneficial Ownership, TROW
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