TROW Form 4: Director Dina Dublon credited 112.98 shares at $103.52

Dina Dublon, a director of T. Rowe Price Group, Inc. (TROW), reported an acquisition of common stock on 09/29/2025 under the company’s 2017 Non-Employee Director Equity Plan.

Rhea-AI Filing Summary

Dina Dublon, a director of T. Rowe Price Group, Inc. (TROW), reported an acquisition of common stock on 09/29/2025 under the company’s 2017 Non-Employee Director Equity Plan. The filing states 112.9829 shares were credited as fully vested dividend reinvestment shares at a reported price of $103.52 per share. After the transaction the report lists 13,273.4251 shares beneficially owned and notes an indirect ownership of 1,890 shares held by The Dina Dublon Family Trust.

The form is signed by a corporate secretary on behalf of Ms. Dublon on 09/30/2025 and explicitly ties the shares to dividend reinvestment credited under the director equity plan.

Positive

• Dividend reinvestment credited as fully vested shares, maintaining director alignment with shareholders
• Clear disclosure of direct and indirect holdings, including trust ownership

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Director received fully vested dividend-reinvestment shares, indicating routine plan mechanics and continued insider alignment with shareholders.

This Form 4 documents a non-employee director receiving 112.9829 fully vested shares via the 2017 Non-Employee Director Equity Plan tied to dividends. Such reinvestment is standard practice to convert cash dividends into equity for directors who participate in the plan; it preserves alignment without signaling a discretionary purchase or sale. The filing clearly distinguishes direct and indirect holdings and is properly executed by a corporate officer under power of attorney.

Securities Analyst

TL;DR: Small, routine equity credit from dividend reinvestment; immaterial to company ownership structure but relevant for insider holdings disclosure.

The reported credit of 112.9829 shares at $103.52 per share increases disclosed beneficial ownership to 13,273.4251 shares, with 1,890 shares indirectly held via a family trust. This is a routine administrative issuance under an equity plan and does not represent an open-market trade. The transaction provides transparency on insider holdings but is unlikely to be material to TROW’s capitalization or market perception given the scale described in the filing.

Insider Trade Summary

Grant/Award: 112.9829 shares

Grant/Award 2 txns

Insider DUBLON DINA

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	112.9829	$103.52	$12K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 13,273.4251 shares (Direct); Common Stock — 1,890 shares (Indirect, The Dina Dublon Family Trust)

Footnotes (1)

1. F1. This is pursuant to the T. Rowe Price Group, Inc. 2017 Non-Employee Director Equity Plan with respect to dividends declared by the issuer on it's Common Stock. These shares were credited as fully-vested dividend reinvestment shares.

FAQ

Who filed the Form 4 for TROW?

The Form 4 was filed on behalf of Dina Dublon, a director of T. Rowe Price Group, Inc.

What transaction is reported on the Form 4 for TROW?

The filing reports the crediting of 112.9829 shares as fully vested dividend reinvestment shares under the 2017 Non-Employee Director Equity Plan.

When was the transaction and at what price for TROW?

The transaction date is 09/29/2025 and the reported price is $103.52 per share.

How many shares does Dina Dublon beneficially own after the transaction?

The Form 4 lists 13,273.4251 shares beneficially owned following the reported transaction.

Does the filing indicate any indirect holdings for Dina Dublon?

Yes; the filing shows an indirect holding of 1,890 shares by The Dina Dublon Family Trust.

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Accepted by SEC EDGAR 09/30/2025 - 12:00 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

DUBLON DINA

(Last) (First) (Middle)

C/O T. ROWE PRICE GROUP, INC.

1307 POINT STREET

(Street)

BALTIMORE MD 21231

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PRICE T ROWE GROUP INC [ TROW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/29/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/29/2025		A		112.9829(1)	A	$103.52	13,273.4251	D
Common Stock								1,890	I	The Dina Dublon Family Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This is pursuant to the T. Rowe Price Group, Inc. 2017 Non-Employee Director Equity Plan with respect to dividends declared by the issuer on it's Common Stock. These shares were credited as fully-vested dividend reinvestment shares.

Remarks:

	Kathryn L. Reilly, Assistant Corporate Secretary, POA for Dublon, Dina	09/30/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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