TROW (TROW) director Donnelly receives 1,899-share equity grant at $105.33
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DONNELLY WILLIAM P reported acquisition or exercise transactions in this Form 4 filing.
PRICE T ROWE GROUP INC director William P. Donnelly received a stock award of 1,899 common shares. The shares were granted on May 8, 2026 as a compensation-related award at a reference price of $105.33 per share under the 2017 Non-Employee Director Equity Plan.
Following this grant, Donnelly directly holds a total of 12,466.06 common shares. The restricted stock unit shares, along with related dividends, will fully vest upon the earliest of several events, including the next annual meeting, death, total and permanent disability, or a change in control.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DONNELLY WILLIAM P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,899 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,466.06 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,899 shares
Grant reference price: $105.33 per share
Total shares after grant: 12,466.06 shares
+1 more
4 metrics
Shares granted
1,899 shares
Restricted stock unit award on May 8, 2026
Grant reference price
$105.33 per share
Closing TROW price on May 8, 2026
Total shares after grant
12,466.06 shares
Donnelly’s direct holdings following transaction
Transaction code
A (grant/award acquisition)
Compensation-related equity award, not open-market buy
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
What insider transaction did TROW director William P. Donnelly report?
William P. Donnelly reported receiving 1,899 shares of PRICE T ROWE GROUP INC common stock as a grant. The award is compensation-related, issued under the 2017 Non-Employee Director Equity Plan, rather than an open-market purchase of TROW shares.
At what price were William P. Donnelly’s TROW restricted stock units valued?
The restricted stock unit shares were issued at $105.33 per share, matching TROW’s closing price on May 8, 2026. This price is used as the grant value reference under the 2017 Non-Employee Director Equity Plan for non-employee directors.
When do William P. Donnelly’s TROW restricted stock units vest?
The restricted stock units and related dividends vest in full at the earliest of several events: just before the next year’s annual meeting, date of death, determination of total and permanent disability, or immediately before a qualifying change in control of PRICE T ROWE GROUP INC.
Is William P. Donnelly’s TROW transaction an open-market buy or a stock grant?
The transaction is a stock grant, not an open-market purchase. It is coded as a grant, award, or other acquisition, reflecting restricted stock unit shares awarded under the 2017 Non-Employee Director Equity Plan at no cash cost to Donnelly.