Dividend reinvestment grants 61 shares to Price T Rowe (TROW) director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Smith Cynthia F reported acquisition or exercise transactions in this Form 4 filing.
PRICE T ROWE GROUP INC director Cynthia F. Smith received 61.1876 shares of Common Stock as a grant tied to dividends. The shares were valued at $89.03 per share on the transaction date and increased her directly held position to 6,729.5939 shares.
The award was made under the T. Rowe Price Group, Inc. 2017 Non-Employee Director Equity Plan in connection with dividends declared on the company’s Common Stock. According to the disclosure, part of the award consists of fully-vested dividend reinvestment shares, while the remaining portion will vest when the related underlying director grant vests.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Smith Cynthia F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 61.188 | $89.03 | $5K |
Holdings After Transaction:
Common Stock — 6,729.594 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 61.1876 shares
Grant valuation price: $89.03 per share
Shares owned after transaction: 6,729.5939 shares
3 metrics
Shares granted
61.1876 shares
Common Stock grant/award acquisition on 2026-03-30
Grant valuation price
$89.03 per share
Reference price for awarded Common Stock
Shares owned after transaction
6,729.5939 shares
Director’s direct Common Stock holdings following 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 declared"
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 Cynthia F. Smith report in this Form 4 for TROW?
Cynthia F. Smith reported receiving 61.1876 shares of PRICE T ROWE GROUP INC Common Stock. The award came through the 2017 Non-Employee Director Equity Plan in connection with dividends declared on the company’s stock, increasing her direct holdings to 6,729.5939 shares.
Was the TROW Form 4 transaction an open-market purchase or a grant?
The Form 4 reports a grant-type acquisition, not an open-market purchase. The 61.1876 shares were credited pursuant to the 2017 Non-Employee Director Equity Plan as dividend-related awards, rather than shares bought by the director in the market.