Stock grant lifts Price T Rowe (TROW) director Cynthia Smith’s stake

Rhea-AI Filing Summary

PRICE T ROWE GROUP INC director Cynthia F. Smith received an equity award of 1,899 shares of common stock. The grant is coded as a compensation-related acquisition with no cash paid per share. The award was valued using a share price of $105.33 under the 2017 Non-Employee Director Equity Plan and is structured as restricted stock unit shares that vest upon specific events, including the day before the next annual meeting, death, total and permanent disability, or a change in control. Following this grant, Smith directly holds a total of 8,628.5939 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Smith Cynthia F

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,899	$0.00	--

Holdings After Transaction: Common Stock — 8,628.594 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares granted: 1,899 shares Grant valuation price: $105.33 per share Total shares after grant: 8,628.5939 shares

3 metrics

Shares granted 1,899 shares Equity award to director Cynthia F. Smith on May 8, 2026

Grant valuation price $105.33 per share Closing TROW price on May 8, 2026 used for RSU valuation

Total shares after grant 8,628.5939 shares Director’s direct common stock holdings following the transaction

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 shares"

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.

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
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).

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^*

Smith Cynthia F

(Last) (First) (Middle)

C/O T. ROWE PRICE GROUP, INC.

1307 POINT STREET

(Street)

BALTIMORE MARYLAND 21231

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

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

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

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

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	05/08/2026		A		1,899(1)	A	$0.00	8,628.5939	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

Explanation of Responses:

1. 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.

Remarks:

	Cheryl L. Emory, Assistant Corporate Secretary, POA for Smith, Cynthia F.	05/11/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did PRICE T ROWE GROUP INC (TROW) report for Cynthia F. Smith?

PRICE T ROWE GROUP INC reported that director Cynthia F. Smith received an equity award of 1,899 common shares. The award is a compensation-related grant under a non-employee director equity plan, increasing her direct holdings to 8,628.5939 shares after the transaction.

What was the grant price for Cynthia F. Smith’s TROW stock award?

The restricted stock unit shares were issued at $105.33 per share, matching the closing TROW share price on May 8, 2026. This price is used for valuation of the award under the 2017 Non-Employee Director Equity Plan, not as a cash purchase price.

How many TROW shares does Cynthia F. Smith hold after the reported Form 4 transaction?

After the equity award, Cynthia F. Smith directly holds 8,628.5939 shares of PRICE T ROWE GROUP INC common stock. This total reflects the addition of 1,899 granted shares, which are structured as restricted stock unit shares subject to future vesting conditions.

What are the vesting conditions for Cynthia F. Smith’s TROW restricted stock unit shares?

The restricted stock unit shares and related dividends vest in full at the earliest of several dates: immediately before the next year’s annual meeting, on death, upon determination of total and permanent disability, or immediately before a change in control, contingent on that event occurring.

Under which plan was Cynthia F. Smith’s TROW stock award granted?

The award was granted under the 2017 Non-Employee Director Equity Plan. This plan issues restricted stock unit shares to non-employee directors, using the closing TROW share price on the grant date to value the award for compensation purposes.