Verma Richard R. 4
Research Summary
AI-generated summary
T. Rowe Price (TROW) Director Richard Verma Receives Award (~55 Shares)
What Happened
Richard R. Verma, a director of T. Rowe Price Group, received an acquisition/award of 54.956 shares on 2026-06-29. The filing values the shares at $114.38 each for a total of about $6,286. This was an award/acquisition (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-29; price used for valuation: $114.38 per share.
- Shares involved: 54.956 shares; reported aggregate value ≈ $6,286.
- Shares owned after transaction: not specified in the provided filing details.
- Footnote (F1): Award made under the T. Rowe Price Group, Inc. 2017 Non‑Employee Director Equity Plan tied to dividends — some shares were credited as fully vested dividend‑reinvestment shares, and some will accrue and vest when the corresponding grant vests.
- Filing date: 2026-07-01 — appears timely (filed within the usual Form 4 window).
Context
This transaction reflects routine director compensation (dividend reinvestment/award) rather than an open-market buy or sale. Such awards are common for non‑employee directors and do not necessarily signal a change in the director’s view of the company.