T. Rowe Price (TROW) director Verma receives dividend-based equity award

Rhea-AI Filing Summary

PRICE T ROWE GROUP INC director Richard R. Verma reported an automatic equity acquisition tied to dividends on company stock. On the transaction date, he acquired 54.9561 shares of Common Stock at a reference price of $114.38 per share under the 2017 Non-Employee Director Equity Plan. Following this award, his directly held stake rose to 4,890.2484 shares. The footnote explains that some shares are fully vested dividend reinvestment shares, while the remainder will vest when the related director equity grant vests.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Verma Richard R.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	54.956	$114.38	$6K

Holdings After Transaction: Common Stock — 4,890.248 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares acquired: 54.9561 shares Reference price per share: $114.38 per share Total shares after transaction: 4,890.2484 shares

3 metrics

Shares acquired 54.9561 shares Grant/award acquisition on 2026-06-29

Reference price per share $114.38 per share Common Stock award valuation

Total shares after transaction 4,890.2484 shares Direct holdings following award

Key Terms

2017 Non-Employee Director Equity Plan, dividend reinvestment shares, vest, Grant, award, or other acquisition

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..."

dividend reinvestment shares financial

"A portion of these shares were credited as fully-vested dividend reinvestment shares..."

vest financial

"...a portion will be accrued and vest when the corresponding grant vests."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 10:53 AM Accepted by SEC EDGAR 07/01/2026 - 10:53 AM Learn about SEC filing dates

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^*

Verma Richard R.

(Last) (First) (Middle)

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)
06/29/2026

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	06/29/2026		A		54.9561(1)	A	$114.38	4,890.2484	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. 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.

Remarks:

	Cheryl L. Emory, Assistant Corporate Secretary, POA for Verma, Richard R.	07/01/2026
	** 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 did Richard R. Verma report in his latest Form 4 for TROW?

Richard R. Verma reported an automatic acquisition of 54.9561 shares of PRICE T ROWE GROUP INC Common Stock. The award stems from dividends under the 2017 Non-Employee Director Equity Plan, adding to his existing directly held position in the company.

How many TROW shares does Richard R. Verma hold after this transaction?

After the reported transaction, Richard R. Verma directly holds 4,890.2484 shares of PRICE T ROWE GROUP INC Common Stock. This figure includes his existing holdings plus the additional shares credited from dividend-related equity under the director equity plan.

What is the nature of the TROW shares acquired by Richard R. Verma?

The shares reflect an equity award tied to dividends under the 2017 Non-Employee Director Equity Plan. A portion consists of fully vested dividend reinvestment shares, while the rest will vest in the future when the corresponding director equity grant vests.

Was Richard R. Verma’s TROW transaction an open-market purchase or sale?

The transaction was not an open-market trade. It is coded as a grant or award acquisition, representing shares credited through a company equity plan related to dividends, rather than a discretionary buy or sell on the open market.

What plan governs the dividend-related share award to Richard R. Verma at TROW?

The dividend-related share award is governed by the T. Rowe Price Group, Inc. 2017 Non-Employee Director Equity Plan. This plan provides for director equity, including shares credited from dividends declared on the company’s Common Stock.