Form 4: T. Rowe Price Vice President Eric L. Veiel Reports Stock Transactions

T. Rowe Price Vice President Eric L. Veiel reported a sale of 12,059 shares of common stock at a price of $123.59 per share on December 10, 2024.

Summary

• Eric L. Veiel, a Vice President at T. Rowe Price Group Inc., sold 12,059 shares of common stock on December 10, 2024.
• The sale price was $123.59 per share, resulting in a total transaction value of $1,489,999.61.
• Mr. Veiel also has indirect ownership of 41,910 shares through the 2020 Lori Veiel Family Trust, 53,500 shares through the 2021 Eric Veiel Family Trust, and 4,090 shares through his spouse.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock transaction, with no inherent positive or negative sentiment.

Industry Context

This is a routine disclosure of stock transactions by a company executive, which is common in the financial industry.

Comparison to Industry Standards

• Executive stock transactions are a common occurrence in publicly traded companies like T. Rowe Price.
• These transactions are typically disclosed to ensure transparency and compliance with regulations.
• Similar transactions are regularly reported by executives at other asset management firms such as BlackRock, Vanguard, and Fidelity.

Stakeholder Impact

• The stock sale by a company executive may have a minor impact on shareholder sentiment.

Key Dates

Keywords

T. Rowe Price, stock transaction, insider trading, common stock, Eric L. Veiel, share sale