Price T Rowe (NASDAQ: TROW) director gets stock dividends
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PRICE T ROWE GROUP INC director William P. Donnelly reported an acquisition of Common Stock through an equity plan–related dividend award. He received 152.0777 shares at a reference price of $89.03 per share, bringing his direct holdings to 10,567.0600 shares.
According to the disclosure, this transaction occurred under the T. Rowe Price Group, Inc. 2017 Non-Employee Director Equity Plan in connection with dividends declared on the company’s Common Stock. A portion of the shares was credited as fully-vested dividend reinvestment shares, while the remainder will accrue and vest when the corresponding equity grant vests.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DONNELLY WILLIAM P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 152.078 | $89.03 | $14K |
Holdings After Transaction:
Common Stock — 10,567.06 shares (Direct)
Footnotes (1)
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Key Figures
Shares acquired: 152.0777 shares
Reported price per share: $89.03 per share
Shares held after transaction: 10,567.0600 shares
3 metrics
Shares acquired
152.0777 shares
Grant/award acquisition of Common Stock on dividend-related transaction
Reported price per share
$89.03 per share
Reference price for the acquired Common Stock
Shares held after transaction
10,567.0600 shares
Director’s direct Common Stock holdings following the award
Key Terms
2017 Non-Employee Director Equity Plan, dividend reinvestment shares, fully-vested, accrued and vest
4 terms
2017 Non-Employee Director Equity Plan financial
"This is pursuant to the T. Rowe Price Group, Inc. 2017 Non-Employee Director Equity Plan with respect to dividends"
fully-vested financial
"A portion of these shares were credited as fully-vested dividend reinvestment shares"
accrued and vest financial
"a portion will be accrued and vest when the corresponding grant vests"
FAQ
What did TROW director William P. Donnelly report in this Form 4?
Director William P. Donnelly reported getting 152.0777 shares of PRICE T ROWE GROUP INC Common Stock. The acquisition came through an equity plan dividend award rather than an open-market purchase, increasing his direct holdings to 10,567.0600 shares after the transaction.
Was the TROW director’s Form 4 transaction an open-market stock purchase?
The transaction was not an open-market stock purchase. It is coded as a grant, award, or other acquisition tied to dividends under the T. Rowe Price Group, Inc. 2017 Non-Employee Director Equity Plan, rather than a discretionary market trade.