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T. Rowe Price Director Cynthia F. Smith Acquires 77 Shares via Dividend Reinvestment Plan
PRICE T ROWE GROUP INC
$TROW4CIK: 0001113169
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Filing Summary
# Form 4 Alert: PRICE T ROWE GROUP INC ($TROW)
**Insider:** Smith Cynthia F
**Role:** Director
**Transaction Date:** 2026-09-29
**Filing Date:** 2026-09-30
### Transaction Summary
* **Type:** Grant / Dividend Reinvestment (Code: A)
* **Shares Acquired:** 77.3768 shares @ $104.51
* **Total Transaction Value:** ~$8,086.65
* **Post-Transaction Holdings:** 8,775.876 shares (Direct)
* **Trading Significance:** Low (Routine dividend reinvestment under Director Equity Plan)
Comprehensive Analysis
Executive Summary
On September 30, 2026, T. Rowe Price Group, Inc. ($TROW) filed a Form 4 detailing an equity acquisition by Director Cynthia F. Smith. On September 29, 2026, Smith acquired 77.3768 shares of Common Stock at $104.51 per share, representing a total value of approximately $8,086.65.
Transaction Context
- Plan Mechanism: The shares were credited pursuant to the T. Rowe Price Group, Inc. 2017 Non-Employee Director Equity Plan in connection with dividends declared on the issuer's common stock.
- Vesting & Status: According to the footnotes, a portion was credited as fully-vested dividend reinvestment shares, while the remainder will accrue and vest concurrently with the underlying grants.
- Significance Assessment: Low. This transaction reflects routine dividend-related share accruals rather than an open-market discretionary trade or strategic shift in insider sentiment.
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