Form 4: T. Rowe Price Principal Accounting Officer Hiebler Exercises Stock Options and Acquires Shares
SEC Form 4 Filing
Jessica M. Hiebler, Principal Accounting Officer at T. Rowe Price Group, exercised stock options and acquired shares through an employee stock purchase plan.
Summary
- On February 14, 2025, Jessica M. Hiebler, Principal Accounting Officer of T. Rowe Price Group, Inc., executed transactions involving the company's common stock.
- Hiebler exercised stock options to acquire 1,177 shares at a price of $79.7137 per share.
- Simultaneously, Hiebler disposed of 1,177 shares at a price of $107.8718 per share.
- Additionally, Hiebler acquired 84.4832 shares through the Employee Stock Purchase Plan at a weighted-average price of $115.6115.
- Following these transactions, Hiebler directly owns 14,440.5225 shares of T. Rowe Price Group, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common among corporate officers. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent a small fraction of the company's outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/19/2015 | Grant date of the stock option, vesting 20% annually over 5 years beginning on 12/10/2016. |
| 12/10/2016 | Start date of the 5-year vesting period for the stock option. |
| 02/14/2025 | Date of the transactions: exercising stock options, disposing of shares, and acquiring shares through the Employee Stock Purchase Plan. |
| 02/18/2025 | Date of signature on the Form 4 filing. |
| 02/19/2025 | Expiration date of the stock option. |
Keywords
Form 4, T. Rowe Price, Stock Options, Employee Stock Purchase Plan, Beneficial Ownership, Insider Trading, Securities Exchange Act, Hiebler, TROW
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.