[Form 4] PRICE T ROWE GROUP INC Insider Trading Activity

Rhea-AI Filing Summary

Reporting person: Robert J. Stevens, Director of Price T Rowe Group Inc. (TROW).

On 09/29/2025 he acquired 258.7599 shares of the issuer's common stock at a price of $103.52 per share. After the transaction he beneficially owned 21,350.751 shares. The filing states the shares were issued under the 2017 Non-Employee Director Equity Plan in connection with declared dividends: some shares were credited as fully vested dividend-reinvestment shares and some will accrue and vest when the underlying grant vests. The form is signed by Kathryn L. Reilly as POA on 09/30/2025.

Insights

Corporate Governance Expert

TL;DR: Routine director dividend reinvestment; no governance red flags disclosed.

This Form 4 documents a standard equity-plan dividend reinvestment for a non-employee director under the 2017 plan. The disclosed 258.7599-share acquisition at $103.52 appears to reflect credited dividends rather than a discretionary open-market purchase. There is no indication of accelerated vesting, related-party arrangements beyond the plan, or material changes to beneficial ownership proportions.

Securities Analyst

TL;DR: Small, routine increase in insider holdings from dividend reinvestment; immaterial to valuation.

The transaction increases the director's holding to 21,350.751 shares, a change of 258.7599 shares. This is described as dividend reinvestment under the company plan and not a market trade or option exercise. The filing contains precise numbers and dates but no additional items that would alter financial forecasts or capital structure.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

STEVENS ROBERT J

(Last) (First) (Middle)

1307 POINT STREET

(Street)

BALTIMORE MD 21231

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
09/29/2025

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

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

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

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	09/29/2025		A		258.7599(1)	A	$103.52	21,350.751	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:

	Kathryn L. Reilly, Assistant Corporate Secretary, POA for Stevens, Robert J.	09/30/2025
	** 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.

FAQ

What did Robert J. Stevens report on Form 4 for TROW?

He reported acquiring 258.7599 shares of T. Rowe Price Group common stock on 09/29/2025, increasing beneficial ownership to 21,350.751 shares.

At what price were the shares acquired in the TROW Form 4?

The shares were reported at a price of $103.52 per share.

Why were the shares issued to the reporting person?

The filing states the shares were issued under the 2017 Non-Employee Director Equity Plan in connection with declared dividends; some were fully vested reinvested shares and some will vest with the underlying grant.

When was the Form 4 signed and who signed it?

The filing shows signature by Kathryn L. Reilly, Assistant Corporate Secretary, acting as POA, dated 09/30/2025.

Does the Form 4 indicate any disposition or sale of shares by the director?

No. The Form 4 reports an acquisition (not a disposition) of 258.7599 shares.