T. Rowe (TROW) director Robert J. Stevens gets 324-share dividend grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STEVENS ROBERT J reported acquisition or exercise transactions in this Form 4 filing.
PRICE T ROWE GROUP INC director Robert J. Stevens received a grant of 324.2828 shares of Common Stock, valued at $89.03 per share. The award was made under the company’s 2017 Non-Employee Director Equity Plan as dividend-related stock compensation. Following this transaction, he directly holds 22,532.6650 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STEVENS ROBERT J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 324.283 | $89.03 | $29K |
Holdings After Transaction:
Common Stock — 22,532.665 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 324.2828 shares
Grant price per share: $89.03 per share
Total direct holdings after grant: 22,532.6650 shares
+1 more
4 metrics
Shares granted
324.2828 shares
Common Stock grant dividend-related on 2026-03-30
Grant price per share
$89.03 per share
Implied value for Common Stock grant
Total direct holdings after grant
22,532.6650 shares
Robert J. Stevens direct Common Stock ownership post-transaction
Net buy/sell shares
0 shares
No open-market buying or selling; grant/award only
Key Terms
2017 Non-Employee Director Equity Plan, dividend reinvestment shares, Common Stock, Grant, award, or other acquisition
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"
Common Stock financial
"with respect to dividends declared by the issuer on it's Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did PRICE T ROWE GROUP INC (TROW) disclose in this Form 4?
PRICE T ROWE GROUP INC reported that director Robert J. Stevens received 324.2828 shares of Common Stock as a stock grant. The shares were issued at $89.03 each and relate to dividend equivalents under a non-employee director equity plan.
Was this TROW Form 4 transaction an open-market purchase or sale?
No, this transaction was not an open-market trade. It is coded as an “A” transaction, indicating a grant or other acquisition. The shares were awarded as dividend-related stock under the company’s 2017 Non-Employee Director Equity Plan for non-employee directors.