Company: TROW
Filing Date: 2025-03-26
Form Type: DEF 14A
Source: 0001104659-25-028002
Chunk: 42

Company: PRICE T ROWE GROUP INC
Filing Date: 2025-03-26
Form: DEF 14A
Chunk 42
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is were split equally between performance-based and time-based RSUs. The grant value of performance-based or time-based RSUs was converted to units using the closing stock price of our common stock on the date of grant ($123 for 2024). The NEOs were granted the following long-term incentive values (in millions) in 2024. Mr. August did not receive any long-term equity awards in 2024 or 2023.

| NAME      |     |      2024 
    EQUITY 
 INCENTIVE 
     VALUE |     |         2024 
 PERFORMANCE- 
        BASED 
   RESTRICTED 
  STOCK UNITS |     |       2024 
 TIME-BASED 
 RESTRICTED 
      STOCK 
     UNITS1 |     |      2023 
    EQUITY 
 INCENTIVE 
     VALUE |     | 2024      
 LTI       
 AWARD     
 VALUE     
 CHANGE    
 OVER 2023 |
| Robert    
 W. Sharps |     |      $9.4 |     |       38,293 |     |     38,293 |     |      $5.1 |     | 84.7%     |
| Jennifer  
 B. Dardis |     |      $1.7 |     |        6,708 |     |      6,708 |     |      $1.3 |     | 29.4%     |
| Josh      
 B. Nelson |     |      $2.2 |     |        8,944 |     |      8,944 |     |      $2.0 |     | 12.8%     |
| Eric      
 L. Veiel  |     |      $3.9 |     |       15,651 |     |     15,651 |     |      $3.0 |     | 28.3%     |

1 Time-based RSUs vest in equal installments over the three years beginning in December in the year after the grant date. Performance-Based RSUs—Performance Thresholds and Vesting The performance thresholds established by the Compensation Committee for 2024 performance-based RSUs are based on the Company’s operating margin for the three-year performance period compared with the average operating margin of a designated group of public company peers (Industry Average Margin) that are composed of:

| Affiliated           
 Managers Group, Inc. 
 AllianceBernstein    
 L.P.                 
 BlackRock, Inc.      |