PRICE T ROWE GROUP (TROW) director awarded dividend-linked shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verma Richard R. reported acquisition or exercise transactions in this Form 4 filing.
PRICE T ROWE GROUP INC director Richard R. Verma received a grant of 42.2582 shares of Common Stock valued at $89.0300 per share. The award was made under the T. Rowe Price Group, Inc. 2017 Non-Employee Director Equity Plan as dividend equivalents that will accrue and vest when the corresponding grant vests. Following this award, Verma directly holds a total of 2936.2923 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Verma Richard R.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 42.258 | $89.03 | $4K |
Holdings After Transaction:
Common Stock — 2,936.292 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 42.2582 shares
Grant value per share: $89.0300 per share
Total shares after grant: 2936.2923 shares
3 metrics
Shares granted
42.2582 shares
Common Stock grant on 2026-03-30
Grant value per share
$89.0300 per share
Value used for Common Stock award
Total shares after grant
2936.2923 shares
Director’s direct Common Stock holdings post-transaction
Key Terms
2017 Non-Employee Director Equity Plan, dividends, vest
3 terms
2017 Non-Employee Director Equity Plan financial
"This is pursuant to the T. Rowe Price Group, Inc. 2017 Non-Employee Director Equity Plan"
dividends financial
"with respect to dividends declared by the issuer on it's Common Stock"
Dividends are cash payments a company gives to its shareholders from profits or cash reserves, effectively sharing part of its earnings with owners. They matter to investors because they provide a steady income stream, act like an interest or rent payment on owning the stock, and signal management’s confidence in the business—factors that influence total return and share price. Regular or special dividends can change an investor’s income and reinvestment strategy.
vest financial
"These will be accrued and vest when the corresponding grant vests"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did TROW director Richard Verma report?
Director Richard R. Verma reported receiving 42.2582 shares of PRICE T ROWE GROUP INC Common Stock. The shares were granted as a stock award rather than bought in the market, reflecting equity-based director compensation under the company’s 2017 Non-Employee Director Equity Plan.