Director Alan D. Wilson gets 1,899-share TROW (NASDAQ: TROW) RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WILSON ALAN D reported acquisition or exercise transactions in this Form 4 filing.
Alan D. Wilson, a director of PRICE T ROWE GROUP INC, received a grant of 1,899 shares of common stock as a restricted stock unit award under the 2017 Non-Employee Director Equity Plan at $105.33 per share. His direct holdings increased to 40,664.9114 shares, with vesting tied to service, death, disability, or a change in control.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WILSON ALAN D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,899 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 40,664.911 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,899 shares
Grant price: $105.33 per share
Shares held after transaction: 40,664.9114 shares
+2 more
5 metrics
Shares granted
1,899 shares
Restricted stock unit award on May 8, 2026
Grant price
$105.33 per share
Closing TROW price on May 8, 2026 for award valuation
Shares held after transaction
40,664.9114 shares
Director’s direct common stock holdings post-award
Vesting reference point
Next annual meeting
One of the earliest vesting triggers for award shares
Change in control vesting
Immediate before change in control
Award vests in full immediately before a qualifying change in control
Key Terms
Restricted Stock Unit, 2017 Non-Employee Director Equity Plan, forfeiture provisions, Total and Permanent Disability, +1 more
5 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"
forfeiture provisions financial
"The forfeiture provisions of the Stock Unit Shares and all accrued dividends"
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.
FAQ
What insider transaction did TROW director Alan D. Wilson report?
Alan D. Wilson reported an equity award, receiving 1,899 shares of PRICE T ROWE GROUP INC common stock as a grant under the 2017 Non-Employee Director Equity Plan. This is compensation, not an open-market purchase or sale, and increases his direct share holdings.
What plan governs Alan D. Wilson’s equity award from PRICE T ROWE GROUP INC?
The award was granted under the 2017 Non-Employee Director Equity Plan. This plan provides restricted stock unit shares to non-employee directors, using the closing stock price on the grant date to set value and including specific vesting, forfeiture, and change-in-control provisions for those shares.