Robert F. MacLellan, a director at Price T Rowe Group Inc., recently reported a transaction involving the acquisition of 4,417 shares of the company’s common stock. This transaction, filed on October 28, 2026, is significant as it indicates MacLellan's continued commitment to the investment advice sector.

Background

MacLellan Robert F. is a director at Price T Rowe Group Inc., a company that operates in the investment advice industry. The company is incorporated in Maryland and has a fiscal year ending on December 31. The most recent filings from MacLellan include several Form 4 submissions, with the latest dated October 28, 2026.

What the Filing Says

The SEC filing indicates that on October 27, 2026, MacLellan acquired 4,417 shares of Price T Rowe Group at a price of $62.8458 per share. Following this transaction, he owns a total of 60,336.8477 shares of the company.

Impact

This transaction may affect investor perceptions of Price T Rowe Group, as insider purchases can signal confidence in the company's future performance. MacLellan’s role as a director adds weight to this transaction, potentially influencing other investors' decisions.

What's Next

The filing does not say what happens next.

Transaction Details

The filing reveals that the transaction occurred on October 27, 2026, under the transaction code 'M', which indicates a purchase of shares. The shares were acquired at a price of $62.8458 each. This acquisition reflects a direct ownership stake, as noted in the filing.

Additional Information

MacLellan's total ownership following this transaction is reported as 60,336.8477 shares. The filing also mentions that this transaction was executed as part of a stock option exercise, with the options set to expire on November 1, 2026. The exercise date for these options was April 25, 2017.

Ownership Structure

According to the filing, MacLellan is classified as a director but not as an officer or a ten-percent owner of Price T Rowe Group. This distinction is important for understanding his level of influence and the regulatory implications of his transactions.

Contact Information

The filing includes MacLellan's address, which is listed as C/O T. Rowe Price Group, Inc., located at 1307 Point Street, Baltimore, MD 21231. This address is also the business address for Price T Rowe Group Inc.