T. Rowe Price Director Robert F. MacLellan Receives 212 Shares

What Happened
Robert F. MacLellan, a director of T. Rowe Price Group, Inc. (TROW), was credited with 212.463 shares on 2026-09-29 under an award/acquisition (code A). The reported per‑share value was $104.51, for an aggregate value of approximately $22,205. This was an equity award/dividend reinvestment credit rather than an open‑market purchase.

Key Details

• Transaction date: 2026-09-29; filing date: 2026-09-30 (filed promptly).
• Transaction type/code: A — Grant, award or other acquisition.
• Shares acquired: 212.463 at $104.51 each; total reported value ≈ $22,205.
• Shares owned following transaction: Not specified in the filing.
• Footnote: Award made under the T. Rowe Price Group, Inc. 2017 Non‑Employee Director Equity Plan. A portion of these shares were credited as fully‑vested dividend reinvestment shares; a portion will be accrued and vest when the corresponding grant vests.
• No indication of a 10b5‑1 plan, tax withholding sale, or late filing in this report.

Context
This transaction reflects director compensation and dividend reinvestment mechanics rather than a discretionary market buy or sale. Dividend‑credited and vested shares are routine compensation for non‑employee directors; the portion that remains unvested will not be tradable until it vests per plan terms. Such awards are informative about compensation but do not necessarily signal the director’s view of the stock.