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T. Rowe (TROW) director Robert Stevens adds shares via equity awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PRICE T ROWE GROUP INC director Robert J. Stevens reported equity-based acquisitions of common stock, reflecting director compensation rather than open‑market trading. He acquired 537 shares on June 30, 2026, at a stated price of $0.00 per share, and 277.6811 shares on June 29, 2026 at $114.38 per share. According to the company’s 2017 Non-Employee Director Equity Plan, the June 30 activity relates to dividends on existing awards, partly as fully vested dividend reinvestment shares and partly as amounts that will vest with the underlying grant. A footnote explains that stock units for director fee awards were issued at $113.69 per share, the closing TROW price on June 30, 2026, and will vest in full on the grant date. After these transactions, Stevens directly holds 25,246.3461 common shares.

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Insider STEVENS ROBERT J
Role null
Type Security Shares Price Value
Grant/Award Common Stock 537 $0.00 --
Grant/Award Common Stock 277.681 $114.38 $32K
Holdings After Transaction: Common Stock — 25,246.346 shares (Direct, null)
Footnotes (1)
  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. Pursuant to the 2017 Non-Employee Director Equity Plan, Stock Units were issued for Director Fee Awards at $113.69 per share, the closing price of TROW shares on June 30, 2026. The Stock Unit Shares and any future dividends attributed to such Director Fee Award, will vest in full and become nonforfeitable on the date of grant.
Awarded shares 06/30/2026 537 shares Common Stock grant/award at $0.00 per share
Awarded shares 06/29/2026 277.6811 shares Common Stock grant/award at $114.38 per share
Holdings after transactions 25,246.3461 shares Directly held TROW common stock after reported awards
Director fee stock unit price $113.69 per share Stock Units issued for Director Fee Awards, June 30, 2026 close
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..."
Stock Units financial
"Stock Units were issued for Director Fee Awards at $113.69 per share..."
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
Director Fee Awards financial
"Stock Units were issued for Director Fee Awards at $113.69 per share..."
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
STEVENS ROBERT J
(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/29/2026A277.6811(1)A$114.3824,709.3461D
Common Stock06/30/2026A537(2)A$0.0025,246.3461D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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.
2. Pursuant to the 2017 Non-Employee Director Equity Plan, Stock Units were issued for Director Fee Awards at $113.69 per share, the closing price of TROW shares on June 30, 2026. The Stock Unit Shares and any future dividends attributed to such Director Fee Award, will vest in full and become nonforfeitable on the date of grant.
Remarks:
Cheryl L. Emory, Assistant Corporate Secretary, POA for Stevens, Robert J.07/01/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did TROW director Robert J. Stevens report in this Form 4 filing?

Robert J. Stevens reported acquiring additional T. Rowe Price common shares through director compensation-related awards. The filing shows two award-type transactions under the 2017 Non-Employee Director Equity Plan, increasing his directly held position to 25,246.3461 shares of common stock after the reported dates.

How many TROW shares did Robert J. Stevens acquire in the latest transactions?

Stevens acquired 537 common shares on June 30, 2026, and 277.6811 shares on June 29, 2026. Both entries are coded as grants or awards, meaning they arise from compensation and dividend-related provisions rather than open-market purchases, and are added to his existing direct holdings.

Were Robert J. Stevens’ recent TROW share acquisitions open-market purchases?

The reported acquisitions were not open-market purchases; they were grants and dividend-related awards. Both transactions are coded as award acquisitions under the 2017 Non-Employee Director Equity Plan, reflecting director fee stock units and dividend reinvestment rather than discretionary buying on the stock market.

What is the T. Rowe Price 2017 Non-Employee Director Equity Plan mentioned in the Form 4?

The 2017 Non-Employee Director Equity Plan governs equity compensation and dividend handling for outside directors. Under this plan, dividends can be reinvested as fully vested shares and stock units can be issued for director fee awards, which then vest according to the plan’s specified vesting terms.

At what prices were Robert J. Stevens’ TROW stock awards and units recorded?

One transaction shows 277.6811 common shares at $114.38 per share. A related footnote states that stock units for director fee awards were issued at $113.69 per share, equal to TROW’s June 30, 2026 closing price, with those stock unit shares vesting in full on the grant date.

How many TROW shares does Robert J. Stevens hold after these Form 4 transactions?

After the reported acquisitions, Stevens directly holds 25,246.3461 T. Rowe Price common shares. This figure includes his prior stake plus the incremental shares credited for director fee awards and dividend reinvestment under the company’s non-employee director equity compensation framework.