T. Rowe Price director awarded dividend equity shares
PRICE T ROWE GROUP INC director Richard R. Verma reported an automatic equity acquisition tied to dividends on company stock.
Sentiment and the balance of points
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 54.9561 | $114.38 | $6K |
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
Key Terms
2017 Non-Employee Director Equity Plan financial
vest financial
Grant, award, or other acquisition financial
FAQ
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What did Richard R. Verma report in his latest Form 4 for TROW?
Was Richard R. Verma’s TROW transaction an open-market purchase or sale?
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