Veiel Eric L 4

What Happened
Eric L. Veiel, Vice President at T. Rowe Price Group (TROW), acquired 169.233 shares through the company's Employee Stock Purchase Plan (ESPP) on Feb 13, 2026 at a weighted-average price of $103.93, costing about $17,588. On the same date he was also credited with 12,982 performance-based restricted stock awards recorded at $0.00 (awards settled in shares upon vesting).

Key Details

• Transaction date: February 13, 2026.
• ESPP purchase: 169.233 shares at $103.93 per share — total ≈ $17,588. (Footnote F1)
• Performance award: 12,982 shares recorded at $0.00 — performance threshold certified on Feb 13, 2026. (Footnote F2)
• Vesting for the performance awards: two equal annual installments beginning December 10, 2026 (so ~6,491 shares per installment).
• Shares owned after the transactions: not provided in the excerpt.
• Filing timeliness: reported on the same day (Feb 13, 2026) — appears timely.

Context
The ESPP purchase is a straightforward employee buy (a cash outflow by the insider), which some investors treat as a modest positive signal since the insider is adding shares. The larger award (12,982 shares) is a performance-based grant that will be settled in common stock only as it vests over time, so it does not represent immediately tradable shares today.