T. Rowe Price Executive Cashes Out Options Worth Over $1.3 Million
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
T Rowe Price Group (TROW) Vice President Sebastien Page executed multiple transactions on June 18, 2025:
- Exercised three stock options totaling 17,059 shares: - 7,920 shares at $69.84 - 4,750 shares at $68.32 - 4,389 shares at $68.32
- Subsequently disposed of 14,300 shares at $92.14 per share
- Following these transactions, Page directly owns 64,375 shares
- The exercised options were from 2015 grants that vested 20% annually over 5 years
This pattern of exercising options and selling shares suggests a planned liquidation of vested equity compensation, executed near the expiration dates of the 2015 option grants which mature in September 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
17,059 shares exercised/converted
Mixed
7 txns
Insider
Page Sebastien
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 7,920 | $0.00 | -- |
| Exercise | Stock Option | 4,750 | $0.00 | -- |
| Exercise | Stock Option | 4,389 | $0.00 | -- |
| Exercise | Common Stock | 7,920 | $69.837 | $553K |
| Exercise | Common Stock | 4,750 | $68.321 | $325K |
| Exercise | Common Stock | 4,389 | $68.321 | $300K |
| Tax Withholding | Common Stock | 14,300 | $92.14 | $1.32M |
Holdings After Transaction:
Stock Option — 0 shares (Direct);
Common Stock — 69,536 shares (Direct)
Footnotes (1)
- 09/10/2015 Grant - The option vests 20% annually over a 5 year period beginning on 12/10/2016. 09/01/2015 Grant - The option vests 20% annually over a 5 year period beginning on 09/01/2016.
FAQ
What insider transactions did TROW Vice President Sebastien Page report on June 18, 2025?
On June 18, 2025, TROW Vice President Sebastien Page exercised stock options for a total of 17,059 shares (7,920 + 4,750 + 4,389 shares) at exercise prices of $69.837 and $68.321. He then disposed of 14,300 shares at a price of $92.14. After these transactions, Page beneficially owned 64,375 shares directly.
What were the vesting terms of TROW stock options exercised by Page?
The exercised stock options were from two grants: 1) A September 10, 2015 grant vesting 20% annually over 5 years beginning December 10, 2016, with an exercise price of $69.837, and 2) A September 1, 2015 grant vesting 20% annually over 5 years beginning September 1, 2016, with an exercise price of $68.321.