Form 4: T. Rowe Price Group VP Dorothy Sawyer Reports Stock Sale
SEC Form 4
Dorothy C. Sawyer, a VP at T. Rowe Price Group, reported selling 2,000 shares of common stock on June 18, 2024.
Summary
- Dorothy C. Sawyer, a VP at T. Rowe Price Group Inc., filed a Form 4 on June 18, 2024.
- The report details the sale of 2,000 shares of common stock at a price of $117 per share.
- Following the transaction, Sawyer directly owns 34,710.22 shares of common stock.
- Sawyer also indirectly owns 1,040 shares through a daughter.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock sale by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders buy or sell their company's stock. These filings provide transparency to the market and help prevent insider trading.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on the size of the transaction relative to the overall market capitalization of T. Rowe Price Group.
Key Dates
| Date | Description |
|---|---|
| 12/19/2023 | Date of Power of Attorney execution. |
| 06/18/2024 | Date of stock sale transaction and Form 4 filing. |
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