Form 4: T. Rowe Price VP Sells Shares for Tax Withholding
Insider Transaction Report
T. Rowe Price Vice President Stephon A. Jackson disposed of 5,779 shares of common stock to cover tax withholding obligations at a price of $105.37 per share.
Summary
- Stephon A. Jackson, a Vice President of T. Rowe Price Group Inc. (TROW), reported a disposition of common stock.
- The transaction involved 5,779 shares of TROW common stock.
- The shares were disposed of at a price of $105.37 per share.
- The transaction occurred on December 10, 2025.
- This disposition was made to satisfy tax withholding obligations, indicated by transaction code "F".
- Following this transaction, Stephon A. Jackson beneficially owns 89,205.4675 shares of TROW common stock directly.
- The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is neutral in sentiment as it does not indicate discretionary buying or selling based on insider views of the company's prospects.
Positives
- The transaction is a routine disposition for tax withholding, not a discretionary sale, which typically indicates a lack of negative sentiment from the insider.
Negatives
- A reduction in direct beneficial ownership, albeit for tax purposes.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This routine insider transaction for tax withholding purposes is common across all industries for executives receiving equity compensation and does not reflect specific industry trends or competitive positioning for T. Rowe Price Group Inc.
Comparison to Industry Standards
- This transaction is a standard practice for executives in publicly traded companies across various sectors, including financial services, who receive equity compensation.
- Dispositions for tax withholding are a common mechanism to cover tax liabilities upon vesting of restricted stock or exercise of options.
- There are no specific comparable companies or projects mentioned in this filing to assess against.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes.
- Employees, Customers, Suppliers, Creditors: No direct impact from this specific filing.
Key Dates
| Date | Description |
|---|---|
| 2021-01-04 | Date of the Limited Power of Attorney granted by Stephon A. Jackson. |
| 2025-12-10 | Date of the reported transaction where shares were disposed of. |
| 2025-12-11 | Date the Form 4 was signed by Cheryl L. Emory, Assistant Corporate Secretary, acting as POA. |
Keywords
T. Rowe Price, TROW, Form 4, Insider Trading, Stock Sale, Tax Withholding, Stephon A. Jackson, Common Stock, SEC Filing, Financial Services
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