MacLellan Robert F. 4

What Happened

• Robert F. MacLellan, a director of Price T. Rowe Group Inc. (TROW), exercised options (transaction code M) on Feb 26, 2026 to acquire 4,417 common shares at an exercise price of $74.14 per share for a total cash outlay of $327,480. The filing also lists a corresponding derivative conversion/disposition of 4,417 units at $0.00, which appears to be the paperwork entry tied to the exercise rather than an open-market sale. No sale of the newly acquired shares is reported in the provided filing.

Key Details

• Transaction date: 2026-02-26
• Exercise: 4,417 shares acquired at $74.14 each; total reported cost $327,480
• Derivative conversion/disposition: 4,417 units @ $0.00 (paperwork entry linked to the exercise)
• Shares owned after transaction: Not specified in the provided filing
• Footnotes/plan filings: No 10b5-1 plan, tax-withholding, or sale-of-shares entry is shown in the supplied data
• Filing timeliness: Report filed 2026-02-27 for a 2026-02-26 transaction (appears timely; no late- filing flag noted)

Context

• This was an options exercise (code M). The filing does not show an immediate sale of the acquired shares (no cashless exercise/sale reported), so this increases the insider’s reported holdings unless other filings indicate otherwise.
• Exercises are common for executives and directors as options vest; they are not direct buy/sell signals but do increase insider ownership.