Company: TROW
Filing Date: 2025-03-26
Form Type: DEF 14A
Source: 0001104659-25-028002
Chunk: 52

Company: PRICE T ROWE GROUP INC
Filing Date: 2025-03-26
Form: DEF 14A
Chunk 52
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paration criteria. Under the terms of Mr. August’s employment agreement, he is entitled to severance benefits that are indicated in the table below under the Termination column.

| 2025 Proxy Statement | 71 |

The amounts in the table below, with the exception of the Termination column, are calculated using the closing price of our common stock on December 31, 2024, for outstanding restricted stock units and the difference between the closing price of our common stock on December 31, 2024, and the exercise price for outstanding stock options.

| NAME       |     |   |           CHANGE 
               IN 
          CONTROL 
               OR 
 DEATH/DISABILITY |     |   | TERMINATION |
|:-----------|:----|:--|-----------------:|:----|:--|------------:|
| Robert     
 W. Sharps  |     | $ |       19,759,887 |     | $ |           — |
| Jennifer   
 B. Dardis  |     | $ |        3,957,586 |     | $ |           — |
| Glenn      
 R. August* |     | $ |                * |     | $ |     350,000 |
| Josh       
 B. Nelson  |     | $ |        5,387,389 |     | $ |           — |
| Eric       
 L. Veiel   |     | $ |       10,118,276 |     | $ |           — |

| * | Pursuant                                                                                          
 to the Value Creation Agreement entered into in connection with the acquisition of OHA, in        
 the event of a change of control, should Mr. August’s employment be terminated, the               
 Company would be required to pay $75 million to the participants thereunder. The amount that      
 Mr. August would receive is not determinable at this time pursuant to the terms of the agreement. 
 A copy of the Value Creation Agreement was filed with the SEC on February 24, 2022, as Exhibit    
 10.26 to our Annual Report on Form 10-K.                                                          |

Chief Executive Officer Pay Ratio Our CEO pay ratio is calculated in accordance with Item 402(u) of Regulation S-K. We identified the median employee by examining the 2024 salary and annual cash bonus paid to all associates, excluding our CEO and president, who were employed on December 31, 2024. All active associates working on a full-time, part-time, or interim basis were included in the