Jackson Stephon A. 4

What Happened

• Stephon A. Jackson, Vice President of T. Rowe Price Group (TROW), executed two transactions on May 13, 2026: an open-market sale of 3,000 shares at $102.56 each for total proceeds of $307,680, and an acquisition of 175.352 shares under the company Employee Stock Purchase Plan (ESPP) at a weighted-average price of $98.08 per share, costing $17,198.
• The sale was an open-market disposition (routine selling), while the ESPP purchase is a direct employee purchase. Purchases can be more informative to investors, though this filing alone does not explain motivation.

Key Details

• Transaction dates and prices:
  • Sale (S): 3,000 shares @ $102.56 on 2026-05-13 — proceeds $307,680.
  • Acquisition (A): 175.352 shares @ $98.08 on 2026-05-13 — cost $17,198.
• Net change from these transactions: a net decrease of 2,824.648 shares (3,000 sold − 175.352 bought); net cash proceeds ≈ $290,482.
• Shares owned after transaction: not reported in the provided filing details.
• Footnote: Shares acquired pursuant to the T. Rowe Price Group, Inc. Employee Stock Purchase Plan (ESPP) at the noted weighted-average price (per filing).
• Filing timeliness: filing date 2026-05-14 for transactions on 2026-05-13 — appears to be filed promptly.

Context

• ESPP purchases are company-sponsored employee purchases, often at a discount; they are recorded as purchases (coded A here) rather than option exercises.
• Open-market sales are common for executives and employees for reasons such as diversification or liquidity; a sale alone is not definitive evidence of a change in view on the company.
• This filing shows both a small ESPP purchase and a larger open-market sale on the same day; combine this with other insider activity and fundamentals when assessing significance.