4Accepted Sep 30, 12:44 PM ET
T. Rowe Price (TROW) Director Richard R. Verma Receives Award
Accepted (ET)
12:44 PM
Sep 30, 2026
Filed
Sep 30, 2026
Documents
1
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5.1 KB
Summary
T. Rowe Price (TROW) Director Richard R. Verma Receives Award
What Happened
- Richard R. Verma, a director of T. Rowe Price Group, Inc. (TROW), was granted/acquired 60.83 shares on 2026-09-29. The reported per-share value was $104.51, for a total value of approximately $6,357. This transaction is coded as an award/acquisition (Form 4 code "A") — typically a routine equity grant rather than an open-market purchase.
Key Details
- Transaction date: 2026-09-29; filing date: 2026-09-30 (timely filing).
- Shares received: 60.83 at $104.51 per share; total value ≈ $6,357.
- Shares owned after transaction: Not disclosed in this filing.
- Transaction type/code: A (Grant, award or other acquisition).
- Footnote: The award is pursuant to the T. Rowe Price Group, Inc. 2017 Non-Employee Director Equity Plan and relates to dividends declared on common stock; these dividend-equivalent shares will be accrued and vest when the corresponding grant vests.
Context
- This was an equity award tied to director compensation (dividend-equivalent accrual), which is a routine form of non-employee director pay and not a direct market purchase or sale. Such awards are generally viewed as administrative/compensation items rather than a strong buy/sell signal.