Smith Cynthia F 4

What Happened
Cynthia F. Smith, a director of T. Rowe Price Group, Inc. (TROW), was credited with 61.188 shares on 2026-03-30 as an award/acquisition (transaction code A). The filing reports a per-share value of $89.03, for a total reported value of approximately $5,448. The award was granted under the T. Rowe Price Group, Inc. 2017 Non-Employee Director Equity Plan and is tied to dividends declared on the company’s common stock.

Key Details

• Transaction date: 2026-03-30; Form 4 filed 2026-03-31 (timely filing).
• Transaction type/code: Grant/award (A).
• Shares: 61.188 shares credited at $89.03 per share; total value ≈ $5,448.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: Part of these shares were credited as fully vested dividend-reinvestment shares; a portion will be accrued and vest when the corresponding grant vests under the 2017 Non-Employee Director Equity Plan.
• No indication of a 10b5-1 plan, sale, tax withholding, or late filing in the reported information.

Context
This was an equity award tied to dividend payments to a non-employee director — a common form of director compensation and dividend reinvestment, not an open-market purchase or sale that directly signals a trading view. Such grants are typically routine and reflect compensation practices rather than an immediate endorsement or rejection of the stock.