Price T Rowe director granted 1,899 RSUs
STEVENS ROBERT J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
STEVENS ROBERT J reported acquisition or exercise transactions in this Form 4 filing.
PRICE T ROWE GROUP INC director Robert J. Stevens received an equity award of 1,899 restricted stock unit shares under the 2017 Non-Employee Director Equity Plan. The award was granted at $105.33 per share and increases his direct holdings to 24,431.665 shares of common stock.
The restricted stock unit shares and accrued dividends will vest in full upon the earlier of next year’s annual meeting, his death, a determination of total and permanent disability, or immediately before a qualifying change in control.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,899 shares
Grant/Award
1 txn
Insider
STEVENS ROBERT J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,899 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 24,431.665 shares (Direct)
Footnotes (1)
- F1. Pursuant to the 2017 Non-Employee Director Equity Plan, this Restricted Stock Unit shares was issued at $105.33 per share, the closing price of TROW shares on May 8, 2026. The forfeiture provisions of the Stock Unit Shares and all accrued dividends attributed to such Stock Unit Shares, will vest in full and become nonforfeitable upon the earliest of the following dates: (a) the day immediately prior to the Annual Meeting that occurs in the next calendar year following the year in which the Award Shares were granted as reflected on the Notice, (b) date of death, (c) the date on which it has been determined that the award holder suffered, a Total and Permanent Disability, or (d) the date on which a Change in Control occurs, in which case the vesting will take place immediately before and contingent upon the occurrence of the Change in Control.
Key Figures
Equity award size: 1,899 shares
Grant price: $105.33 per share
Post-award holdings: 24,431.665 shares
+2 more
5 metrics
Equity award size
1,899 shares
Restricted stock unit shares granted to director
Grant price
$105.33 per share
Closing TROW share price on May 8, 2026 used for award
Post-award holdings
24,431.665 shares
Director’s direct common stock ownership after the grant
Transaction shares recorded
1,899.0000 shares
Non-derivative common stock acquisition on Form 4
Transaction date
May 8, 2026
Date of restricted stock unit grant
Key Terms
Restricted Stock Unit, 2017 Non-Employee Director Equity Plan, Total and Permanent Disability, Change in Control
4 terms
Restricted Stock Unit financial
"this Restricted Stock Unit shares was issued at $105.33 per share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
2017 Non-Employee Director Equity Plan financial
"Pursuant to the 2017 Non-Employee Director Equity Plan, this Restricted Stock Unit"
Total and Permanent Disability financial
"the date on which it has been determined that the award holder suffered, a Total and Permanent Disability"
Change in Control financial
"the date on which a Change in Control occurs, in which case the vesting will take place"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Robert J. Stevens report for PRICE T ROWE GROUP INC (TROW)?
Robert J. Stevens reported receiving an equity award of 1,899 restricted stock unit shares of PRICE T ROWE GROUP INC common stock. The grant was recorded as a Form 4 transaction and represents a compensation-related award rather than an open-market purchase or sale of shares.
How many restricted stock units did the TROW director receive in this grant?
The director received 1,899 restricted stock unit shares in this grant. These shares were issued under the company’s 2017 Non-Employee Director Equity Plan and add to his existing holdings, bringing his direct ownership to a total of 24,431.665 shares of common stock after the award.
At what price were the PRICE T ROWE GROUP INC restricted stock units granted?
The restricted stock unit shares were issued at $105.33 per share, matching the closing price of TROW shares on May 8, 2026. This price serves as the grant value reference for the award made under the 2017 Non-Employee Director Equity Plan to the non-employee director.
Is the reported TROW Form 4 transaction a market purchase or a compensation award?
The reported transaction is a compensation-related equity award, not a market purchase or sale. The 1,899 restricted stock unit shares were granted under the 2017 Non-Employee Director Equity Plan, with no cash paid per share and vesting tied to service and specified triggering events.
AI-generated analysis. How Rhea-AI works. Not financial advice.
