4/A: T. Rowe Price VP Amends Stock Sale Disclosure
Insider Transaction Amendment
T. Rowe Price VP Arif Husain filed an amended Form 4 to correct the number of shares sold to cover taxes, revising the amount from 4,260 to 4,125 shares.
Summary
- Arif Husain, a Vice President at T. Rowe Price Group Inc. (TROW), filed an amended Form 4.
- The amendment corrects a previously reported transaction regarding the sale of common stock.
- The original filing stated 4,260 shares were sold to cover taxes.
- The corrected number of shares sold is 4,125.
- The transaction occurred on December 10, 2025.
- The shares were sold at an average price of $101.9567, within a range of $101.72 to $102.12.
- Following this transaction, Arif Husain beneficially owns 47,237.4602 shares of T. Rowe Price common stock directly.
Sentiment
Score: 5
Explanation: The filing is an amendment to correct a numerical error in a previously reported insider stock sale for tax purposes, which is a routine compliance matter and does not indicate positive or negative operational performance or strategic shifts.
Future Outlook
There are no forward-looking statements or guidance provided in this filing.
Industry Context
This filing pertains to an individual insider transaction correction and does not provide information relevant to broader industry trends or competitive analysis.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Arif Husain granted a Limited Power of Attorney to certain officers of T. Rowe Price Group, Inc. (CEO, Chairman, CFO, Secretary, or Assistant Secretary) to prepare, execute, and submit SEC filings (Forms 3, 4, 5, Schedules 13D, 13G, Forms 144) on his behalf. | 2023-12-18 | Streamlines the process for insider reporting compliance for Arif Husain, ensuring timely and accurate filings by authorized company personnel. |
Stakeholder Impact
- Shareholders: Minimal impact, as it is a correction to a routine insider transaction for tax purposes and does not reflect a change in company fundamentals or strategy.
- Reporting Person (Arif Husain): Clarifies the exact number of shares disposed of for tax obligations.
Next Steps
- The reporting person will provide full information regarding the number of shares sold at each separate price upon request by the commission staff, the issuer, or a security holder.
Key Dates
| Date | Description |
|---|---|
| 2023-12-18 | Date Power of Attorney was executed by Arif Husain. |
| 2025-12-10 | Date of the common stock transaction. |
| 2025-12-11 | Date of the original Form 4 filing. |
| 2026-01-02 | Date of signature for the amended Form 4. |
Keywords
T. Rowe Price, TROW, Arif Husain, Form 4, SEC filing, insider trading, stock sale, amendment, beneficial ownership, corporate officer
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