Dardis Jennifer B 4

What Happened

• Jennifer B. Dardis, Chief Financial Officer and Vice President of T. Rowe Price Group, reported two acquisitions on Feb 13, 2026. She purchased 40.383 shares through the company's Employee Stock Purchase Plan (ESPP) at a weighted-average price of $104.05 (~$4,202). She was also awarded 5,564 performance-based restricted shares at $0.00 (no cash paid).

Key Details

• Transaction date: February 13, 2026.
• ESPP purchase: 40.383 shares at $104.05 per share; total cost ≈ $4,202. (Footnote F1)
• Performance award: 5,564 shares reported at $0.00 (grant of performance-based restricted stock). (Footnote F2)
• Vesting/settlement: The performance-based awards were certified by the Executive Compensation and Management Development Committee and are settled in shares upon vesting; they vest in two equal annual installments beginning Dec 10, 2026. (F2)
• Shares owned after transaction: Not provided in the data supplied.
• Filing timeliness: Report filed the same date as the transactions (Feb 13, 2026) — appears timely.

Context

• ESPP purchases are employee purchases at a discount/plan price and are straightforward purchases (a bullish signal only insofar as insiders are buying stock). The zero-dollar line for the 5,564 shares indicates a grant of performance-based restricted stock, not an open-market purchase; those shares are contingent on vesting and will be issued/settled in shares per the stated schedule.
• These entries are routine compensation and benefit-related insider transactions rather than open-market buys or sales by a large shareholder.