T Rowe Price (NASDAQ: TROW) director exercises options to acquire shares

Rhea-AI Filing Summary

PRICE T ROWE GROUP INC director Robert F. MacLellan exercised stock options and acquired 4,417 shares of common stock on February 26, 2026. The options were exercised at a price of $74.1408 per share, increasing his directly held common stock to about 52,759 shares.

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

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

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

MacLellan Robert F.

(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)
02/26/2026

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	02/26/2026		M		4,417	A	$74.1408	52,759.4718	D

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
Stock Option	$74.1408	02/26/2026		M			4,417	04/25/2017	04/29/2026	Common Stock	4,417	$0.00	0.00	D

Explanation of Responses:

Remarks:

	Cheryl L. Emory, Assistant Corporate Secretary, POA for MacLellan, Robert F.	02/27/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did TROW director Robert F. MacLellan report?

Robert F. MacLellan reported exercising stock options to acquire 4,417 shares of PRICE T ROWE GROUP INC common stock. The transaction occurred on February 26, 2026 and was reported as a derivative exercise or conversion under code M on the Form 4.

At what price did Robert F. MacLellan exercise his TROW stock options?

Robert F. MacLellan exercised stock options for PRICE T ROWE GROUP INC common stock at $74.1408 per share. This option exercise converted 4,417 derivative securities into an equal number of common shares in a non-open-market transaction classified under code M.

How many TROW shares does Robert F. MacLellan own after this Form 4 transaction?

After the reported transactions, Robert F. MacLellan directly owns 52,759.4718 shares of PRICE T ROWE GROUP INC common stock. This reflects the addition of 4,417 shares acquired through exercising stock options on February 26, 2026, as disclosed in the Form 4.

What does transaction code M mean in the TROW Form 4 filing?

Transaction code M in the TROW Form 4 indicates an exercise or conversion of a derivative security. Here, MacLellan converted 4,417 stock options into 4,417 shares of common stock, rather than making an open-market purchase or sale of existing shares.

Is Robert F. MacLellan’s TROW ownership direct or indirect after this transaction?

Robert F. MacLellan’s ownership reported in this Form 4 is direct. Both the stock option exercise and the resulting common stock are coded as direct (D) ownership, with no footnotes indicating indirect entities, trusts, or shared voting or investment authority.