Robert W. Sharps 4

What Happened

• Robert W. Sharps, CEO and President of Price T. Rowe Group, Inc. (TROW), had two acquisitions reported on 2026-02-13: he purchased 150.264 shares under the company Employee Stock Purchase Plan (ESPP) at a weighted-average price of $103.92 ($15,615 total) and received 22,254 performance-based restricted shares recorded at $0.00 (award/settlement).

Key Details

• Transaction date: February 13, 2026.
• ESPP purchase: 150.264 shares at $103.92 per share (total ~$15,615). (Footnote F1)
• Performance award: 22,254 shares acquired at $0.00 (recorded as award/grant). (Footnote F2)
• Vesting for the performance award: certified as met on Feb 13, 2026; awards are settled in common stock and vest in two equal annual installments beginning December 10, 2026. (F2)
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: filing date matches the report date (2026-02-13), indicating a timely report.

Context

• The ESPP purchase is a routine employee share buy under the company plan; purchases can be viewed as a straightforward acquisition rather than a sale signal. The larger 22,254-share line reflects a performance-based restricted stock award (no cash paid) that will convert to vested shares over time per the stated schedule. These items are grants/awards (insider code A) rather than open-market buys or sales.