DONNELLY WILLIAM P 4

What Happened

• William P. Donnelly, a director of Price T Rowe Group (TROW), was granted 1,899 restricted stock units (RSUs) on 2026-05-08. The Form 4 shows an acquisition (award) of 1,899 shares at $0.00 per share (award), with a per-share value of $105.33 noted in the filing — total value ≈ $200,021.67. This is a compensation grant (award), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-08; Form 4 filed 2026-05-11 (appears timely).
• Reported transaction code: A (award/grant/acquisition).
• Shares granted: 1,899 RSUs. Form lists $0.00 acquisition price; footnote reports FMV $105.33/share (closing price on 5/8).
• Shares owned after transaction: Not specified in the provided filing data.
• Footnote highlights vesting and conditions: RSUs (and accrued dividends) vest and become nonforfeitable upon the earliest of (a) the day before the next year’s Annual Meeting, (b) death, (c) determination of total and permanent disability, or (d) a Change in Control (vesting immediately before such event).

Context

• These RSUs are a routine non-employee director compensation award under the 2017 Non-Employee Director Equity Plan. They are not immediately tradable cash — vesting conditions mean they may be forfeitable until vesting triggers occur. Such awards are standard and do not, by themselves, indicate the director is buying or selling stock for investment reasons.