DONNELLY WILLIAM P 4

What Happened
William P. Donnelly, a director of T. Rowe Price Group, Inc. (TROW), received two equity awards in late June 2026. On 2026-06-29 he was credited with 141.685 shares (grant type A) at $114.38 per share (reported value $16,206). On 2026-06-30 he received 576 stock units (reported at $0.00 on the form, with a per-share reference price of $113.69 in the footnote). These were awards/grants (not open-market purchases or sales).

Key Details

• Transaction types: A = Award/Grant (no cash purchase)
• Dates and reported prices:
  • 2026-06-29: 141.685 shares @ $114.38 (reported value $16,206)
  • 2026-06-30: 576 shares @ $0.00 (footnote states units issued at $113.69 closing price)
• Total shares received: 717.685 (≈718) shares/units
• Shares owned after transaction: not provided in the supplied details
• Footnotes:
  • F1: Part of the award relates to dividend reinvestment shares — some credited as fully vested, others will accrue and vest with the related grant.
  • F2: The 576 stock units were issued as director fee awards at $113.69 (closing price); those units and future dividends vest in full and are nonforfeitable on the grant date.
• Filing timeliness: Report filed 2026-07-01 for transactions on 6/29 and 6/30 — appears to be timely (Form 4 typically due within two business days).

Context
These are equity awards to a non-employee director (routine compensation), not market purchases or sales. Awards can be part of standard director pay and vesting schedules; they do not by themselves indicate the director buying or selling shares in the open market.