PRICE T ROWE GROUP INC 8-K

What Happened

• Price T. Rowe Group Inc. held its annual meeting on May 7, 2026 and filed an 8-K on May 11, 2026 reporting the vote results. Shares eligible to vote were 217,605,891 at the February 20, 2026 record date.
• All 13 director nominees on the company’s slate were elected by shareholders (each nominee received a majority of votes cast). The proxy report shows a consistent broker non-vote of 24,795,755 across director elections.
• Stockholders approved the non-binding advisory vote on executive compensation and ratified KPMG LLP as the company’s independent registered public accounting firm for 2026.

Key Details

• Record date / eligible shares: 217,605,891 (Feb 20, 2026).
• Director elections: 13 nominees elected; example vote totals include Richard R. Verma (For 150,167,337; Against 3,208,407) and Glenn R. August (For 149,518,197; Against 3,563,421). Broker non-vote: 24,795,755.
• Advisory vote on executive compensation (non-binding): For 135,094,531; Against 20,453,712; Abstain 839,842.
• Ratification of auditor (KPMG LLP): For 168,714,625; Against 12,282,198; Abstain 187,017.

Why It Matters

• The re-election of the board slate confirms continuity in the company’s governance team, which affects strategic oversight and corporate direction.
• The advisory “say-on-pay” vote passed by a large margin, indicating shareholder support for the company’s executive compensation approach (though the vote is non-binding).
• Ratification of KPMG as auditor means the same independent accounting firm will continue to audit the company’s 2026 financial statements, an important element of financial reporting and investor confidence.