MacLellan Robert F. 4

What Happened Robert F. MacLellan, a director of T. Rowe Price Group, Inc. (TROW), was credited with 206.36 shares (transaction code A — award/grant) on 2026-03-30. The per-share value used was $89.03, giving a total reported value of approximately $18,372. These were not a market purchase or option exercise but dividend-reinvestment shares that were credited as fully vested.

Key Details

• Transaction date: 2026-03-30; filing date: 2026-03-31 (filed the next day)
• Reported price/value: $89.03 per share; total value $18,372 (206.36 shares)
• Transaction type/code: A — Grant/award (dividend reinvestment credited as fully vested)
• Footnote: Shares issued under the T. Rowe Price Group, Inc. 2017 Non-Employee Director Equity Plan as fully-vested dividend reinvestment shares (per footnote F1)
• Shares owned after transaction: Not specified in the provided filing excerpt

Context This transaction reflects a routine dividend reinvestment credited to a non-employee director under the company’s director equity plan, rather than an open-market purchase or sale. The amount is modest relative to typical insider trades, and the filing was submitted the next day, indicating timely reporting. Such reinvestments are commonplace and do not by themselves indicate the director is buying or selling stock based on private information.