4Accepted May 11, 3:38 PM ET
Price T Rowe Group (TROW) Director Alan D. Wilson Receives 1,899-Share Award
Accepted (ET)
3:38 PM
May 11, 2026
Filed
May 11, 2026
Documents
1
Size
5.8 KB
Summary
Price T Rowe Group (TROW) Director Alan D. Wilson Receives 1,899-Share Award
What Happened
Alan D. Wilson, a director of Price T Rowe Group (TROW), was granted 1,899 restricted stock units (reported as an Award/Grant, code A) on May 8, 2026. The Form 4 reports an acquisition price of $0.00 per share because this is a compensation award; the footnote values the award at the May 8 closing price of $105.33 per share, for a total economic value of $105.33 × 1,899 = $200,021.67 (≈ $200,022). This is a director compensation award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-08; Form filed: 2026-05-11 (within the usual Section 16 reporting window).
- SEC code: A (grant/award). Form shows $0.00 per share for reporting purposes; footnote value = $105.33/share.
- Total value (footnote): $200,021.67 (1,899 × $105.33).
- Vesting/forfeiture: Units (and accrued dividends) vest and become nonforfeitable upon the earliest of: (a) day before next year’s annual meeting, (b) death, (c) determination of total and permanent disability, or (d) a change in control (vesting immediately before and contingent on the change in control).
- Shares owned after the transaction: not provided in the excerpt.
Context
This was a standard equity award to a non-employee director as part of compensation. Restricted stock units are not immediately transferable—value is tied to future vesting conditions—so this grant does not indicate an immediate buy/sell decision by the insider.