Price T Rowe (NASDAQ: TROW) director gets stock dividends
Rhea-AI Filing Summary
PRICE T ROWE GROUP INC director William P. Donnelly reported an acquisition of Common Stock through an equity plan–related dividend award. He received 152.0777 shares at a reference price of $89.03 per share, bringing his direct holdings to 10,567.0600 shares.
According to the disclosure, this transaction occurred under the T. Rowe Price Group, Inc. 2017 Non-Employee Director Equity Plan in connection with dividends declared on the company’s Common Stock. A portion of the shares was credited as fully-vested dividend reinvestment shares, while the remainder will accrue and vest when the corresponding equity grant vests.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 152.0777 shares
Net Buy
1 txn
Insider
DONNELLY WILLIAM P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 152.0777 | $89.03 | $14K |
Holdings After Transaction:
Common Stock — 10,567.06 shares (Direct)
Footnotes (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. A portion of these shares were credited as fully-vested dividend reinvestment shares and a portion will be accrued and vest when the corresponding grant vests.
Key Figures
Shares acquired: 152.0777 shares
Reported price per share: $89.03 per share
Shares held after transaction: 10,567.0600 shares
3 metrics
Shares acquired
152.0777 shares
Grant/award acquisition of Common Stock on dividend-related transaction
Reported price per share
$89.03 per share
Reference price for the acquired Common Stock
Shares held after transaction
10,567.0600 shares
Director’s direct Common Stock holdings following the award
Key Terms
2017 Non-Employee Director Equity Plan, dividend reinvestment shares, fully-vested, accrued and vest
4 terms
2017 Non-Employee Director Equity Plan financial
"This is pursuant to the T. Rowe Price Group, Inc. 2017 Non-Employee Director Equity Plan with respect to dividends"
fully-vested financial
"A portion of these shares were credited as fully-vested dividend reinvestment shares"
accrued and vest financial
"a portion will be accrued and vest when the corresponding grant vests"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did TROW director William P. Donnelly report in this Form 4?
Director William P. Donnelly reported getting 152.0777 shares of PRICE T ROWE GROUP INC Common Stock. The acquisition came through an equity plan dividend award rather than an open-market purchase, increasing his direct holdings to 10,567.0600 shares after the transaction.
Was the TROW director’s Form 4 transaction an open-market stock purchase?
The transaction was not an open-market stock purchase. It is coded as a grant, award, or other acquisition tied to dividends under the T. Rowe Price Group, Inc. 2017 Non-Employee Director Equity Plan, rather than a discretionary market trade.