# EDGAR Filing Document

**Accession Number:** 0000075170
**File Stem:** 0000075170-23-000013
**Filing Date:** 2023-3
**Character Count:** 40766
**Document Hash:** 93df00adc8f0b378da57c97f04985e61
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000075170-23-000013.hdr.sgml**: 20230315

**ACCESSION NUMBER**: 0000075170-23-000013

**CONFORMED SUBMISSION TYPE**: N-CEN

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230315

**DATE AS OF CHANGE**: 20230315

**EFFECTIVENESS DATE**: 20230315

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Small-Cap Stock Fund, Inc.
- **CENTRAL INDEX KEY:** 0000075170
- **IRS NUMBER:** 231622210
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-CEN
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-00696
- **FILM NUMBER:** 23734608

**BUSINESS ADDRESS:**
- **STREET 1:** 100 EAST PRATT STRET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21202
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 100 EAST PRATT STRET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE SMALL CAP STOCK FUND INC
- **DATE OF NAME CHANGE:** 19980513

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE OTC FUND INC
- **DATE OF NAME CHANGE:** 19930210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OVER THE COUNTER SECURITIES GROUP INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### T. Rowe Price Small-Cap Stock Fund, Inc. (Series ID: S000002120)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000005508 | T. Rowe Price Small-Cap Stock Fund, Inc.         | OTCFX           |
| C000005509 | T. Rowe Price Small-Cap Stock Fund-Advisor Class | PASSX           |
| C000159682 | T. Rowe Price Small-Cap Stock Fund-I Class       | OTIIX           |
| C000219319 | T. Rowe Price Small-Cap Stock Fund-Z Class       | TRZZX           |

## Internal

**Report of Independent Registered Public Accounting Firm**

To the Board of Directors and Shareholders of T. Rowe Price Small-Cap Stock Fund, Inc.

In planning and performing our audit of the financial statements of T. Rowe Price Small-Cap Stock Fund, Inc. (the "Fund") as of and for the year ended December 31, 2022, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Fund's internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund's internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Fund's internal control over financial reporting.

The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company's assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company's annual or interim financial statements will not be prevented or detected on a timely basis.

PricewaterhouseCoopers LLP, 100 East Pratt, Street, Suite 2600, Baltimore, Maryland 21202-1096<br> T: 410 783 7600, www.pwc.com/us

Our consideration of the Fund's internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control over financial reporting that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Fund's internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be material weaknesses as defined above as of December 31, 2022.

This report is intended solely for the information and use of the Board of Directors of T. Rowe Price Small-Cap Stock Fund, Inc. and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

/s/ PricewaterhouseCoopers LLP

Baltimore, Maryland<br> February 21, 2023

# Form N-CEN: Annual Report for Registered Investment Companies

## N-CEN: Filer Information
**Submission Type:** N-CEN
**CIK:** 0000075170

## N-CEN: Series/Class (Contract) Information

**Series ID Record:1**
- **Series ID:** S000002120

**Class ID Record:1**
- **Class ID:** C000005508

**Class ID Record:2**
- **Class ID:** C000159682

**Class ID Record:3**
- **Class ID:** C000005509

**Class ID Record:4**
- **Class ID:** C000219319

### N-CEN: Part A: General Information

**Item A.1.a - Report for period ending:** 2022-12-31

**Item A.1.b - Does this report cover a period of less than 12 months?:** No

## N-CEN: Part B: Information About the Registrant

- **Item B.1.a - Full name of Registrant:** T. ROWE PRICE SMALL-CAP STOCK FUND, INC.

- **Item B.1.b - Investment Company Act file number:** 811-00696

- **Item B.1.c - CIK:** 0000075170

- **Item B.1.d - LEI:** 549300LEPRYPUMW24D82

- **Item B.2.a - Street 1:** 100 East Pratt Street

- **Item B.2.b - City:** Baltimore

- **Item B.2.c - State:** MD

- **Item B.2.e - Zip Code:** 21202

- **Item B.2.f - Telephone:** 410-345-2000

- **Item B.2.g - Public Website:** www.troweprice.com

### Item B.3 - Location of books and records

**Location books Record: 1**

- **a. Name of person (e.g., a custodian of records):** JPMorgan Chase Bank, London

- **b. Street 1:** Woolgate House, Coleman Street

- **c. City:** London

- **f. Zip code and zip code extension, or foreign postal code:** EC2P 2HD

- **g. Telephone number:** 00 44 20 7742 4000

- **h. Briefly describe the books and records kept at this location:** Records related to the custody of Registrant s portfolio securities which are purchased outside the United States.

**Location books Record: 2**

- **a. Name of person (e.g., a custodian of records):** State Street Corporation

- **b. Street 1:** 1776 Heritage Drive

- **c. City:** Quincy

- **d. State, if applicable:** MA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 02171

- **g. Telephone number:** 617-786-3000

- **h. Briefly describe the books and records kept at this location:** Custodian records for the Registrant.

**Location books Record: 3**

- **a. Name of person (e.g., a custodian of records):** T. Rowe Price Services, Inc.

- **b. Street 1:** 100 East Pratt Street

- **c. City:** Baltimore

- **d. State, if applicable:** MD

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 21202

- **g. Telephone number:** 410-345-2000

- **h. Briefly describe the books and records kept at this location:** Transfer, dividend disbursing, and shareholder service records

**Location books Record: 4**

- **a. Name of person (e.g., a custodian of records):** T. Rowe Price Small-Cap Stock Fund, Inc.

- **b. Street 1:** 100 East Pratt Street

- **c. City:** Baltimore

- **d. State, if applicable:** MD

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 21202

- **g. Telephone number:** 410-345-2000

- **h. Briefly describe the books and records kept at this location:** All accounts, books, and other documents required to be maintained by the Registrant under Section 31(a) of the Investment Company Act of 1940 and the rules thereunder.

**Location books Record: 5**

- **a. Name of person (e.g., a custodian of records):** The Bank of New York Mellon

- **b. Street 1:** 103 Bellevue Parkway

- **c. City:** Wilmington

- **d. State, if applicable:** DE

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 19809

- **g. Telephone number:** 1-800-441-9800

- **h. Briefly describe the books and records kept at this location:** Fund accounting records

- **Item B.4.a - Is this the first filing by the Registrant?:** No

- **Item B.4.b - Is this the last filing by the Registrant?:** No

- **Item B.5.a - Is the Registrant part of a family of investment companies?:** Yes

- **Item B.5.a.i - Full name of family of investment companies:** TROWEPRICE

### Item B.6 - Organization

- [x] a. Open-end management investment company registered under the Act on Form N-1A

- [ ] b. Closed-end management investment company registered under the Act on Form N-2

- [ ] c. Separate account offering variable annuity contracts which is registered under the Act as a management investment company on Form N-3

- [ ] d. Separate account offering variable annuity contracts which is registered under the Act as a unit investment trust on Form N-4

- [ ] e. Small business investment company registered under the Act on Form N-5

- [ ] f. Separate account offering variable insurance contracts which is registered under the Act as a unit investment trust on Form N-6

- [ ] g. Unit investment trust registered under the Act on Form N-8B-2

- **Item B.6.i - Total number of Series:** 1

- **Item B.7 - Is the Registrant the issuer of a class of securities registered under the Securities Act?:** Yes

### Item B.8 - Directors

| Name                   | Is Interested Person?   | Other Investment Company File Numbers                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|:---|:---|:---|
| Bruce W. Duncan        | No                      | 811-00958, 811-00579, 811-02958, 811-07153, 811-04358, 811-08371, 811-07145, 811-07059, 811-02684, 811-01710, 811-10093, 811-22620, 811-07225, 811-07075, 811-07605, 811-22293, 811-21149, 811-07055, 811-22218, 811-23494, 811-22557, 811-04163, 811-02603, 811-02396, 811-04119, 811-23180, 811-08279, 811-07381, 811-04519, 811-05299, 811-03872, 811-23261, 811-03055, 811-07093, 811-21055, 811-04441, 811-22939, 811-21185, 811-06275, 811-05860, 811-03894, 811-22243, 811-04998, 811-08207, 811-07095, 811-21919, 811-04521, 811-22410, 811-07209, 811-07749, 811-08203, 811-07639, 811-04400, 811-06665, 811-05833, 811-09995, 811-05986, 811-21454, 811-07353, 811-22968, 811-10063, 811-22810, 811-07143, 811-02215-99, 811-07173 |
| David Oestreicher      | Yes                     | 811-07209, 811-07639, 811-02215-99, 811-06275, 811-07605, 811-21149, 811-05299, 811-07225, 811-22620, 811-07145, 811-22410, 811-01710, 811-04163, 811-07095, 811-08371, 811-04400, 811-07749, 811-22557, 811-07153, 811-07143, 811-08279, 811-21454, 811-03894, 811-05860, 811-04358, 811-05986, 811-04998, 811-05833, 811-07173, 811-23261, 811-22243, 811-06665, 811-09995, 811-07381, 811-07353, 811-21919, 811-04521, 811-10093, 811-02603, 811-02396, 811-04119, 811-23180, 811-21185, 811-08203, 811-22939, 811-04441, 811-02958, 811-03055, 811-22810, 811-00958, 811-21055, 811-03872, 811-04519, 811-22218, 811-00579, 811-07093, 811-07055, 811-10063, 811-22968, 811-23494, 811-07075, 811-08207, 811-07059, 811-02684, 811-22293 |
| Eric L. Veiel          | Yes                     | 811-07225, 811-07055, 811-22557, 811-21149, 811-07095, 811-02396, 811-21185, 811-07173, 811-05860, 811-03894, 811-22243, 811-04521, 811-07093, 811-10093, 811-02603, 811-23494, 811-04119, 811-23180, 811-03872, 811-22810, 811-03055, 811-01710, 811-07143, 811-07059, 811-07145, 811-07075, 811-02958, 811-05299, 811-05986, 811-04163, 811-21055, 811-04441, 811-22939, 811-02684, 811-23261, 811-21454, 811-09995, 811-06275, 811-04998, 811-10063, 811-22968, 811-07353, 811-22620, 811-07209, 811-07749, 811-08203, 811-08371, 811-07639, 811-02215-99, 811-22218, 811-05833, 811-06665, 811-04358, 811-07605, 811-07153, 811-00579, 811-04519, 811-07381, 811-08279, 811-21919, 811-22293, 811-04400, 811-08207, 811-00958, 811-22410 |
| Kellye L. Walker       | No                      | 811-07353, 811-23261, 811-02684, 811-21454, 811-04441, 811-21055, 811-07093, 811-03055, 811-22810, 811-03872, 811-23180, 811-07639, 811-02215-99, 811-02396, 811-02603, 811-10093, 811-04521, 811-21919, 811-01710, 811-03894, 811-05860, 811-07173, 811-07059, 811-08207, 811-07145, 811-04163, 811-22557, 811-23494, 811-04119, 811-22939, 811-07381, 811-08371, 811-07605, 811-04519, 811-08203, 811-07749, 811-08279, 811-04358, 811-22218, 811-07209, 811-22410, 811-04998, 811-06275, 811-09995, 811-00579, 811-07153, 811-05986, 811-22968, 811-00958, 811-05299, 811-05833, 811-07055, 811-21149, 811-22293, 811-07225, 811-22620, 811-02958, 811-06665, 811-07075, 811-10063, 811-07095, 811-21185, 811-04400, 811-22243, 811-07143 |
| Paul F. McBride        | No                      | 811-07225, 811-07749, 811-01710, 811-07143, 811-05833, 811-21454, 811-05986, 811-07055, 811-21149, 811-07075, 811-07639, 811-22410, 811-23261, 811-07209, 811-07153, 811-09995, 811-04519, 811-22620, 811-07353, 811-07145, 811-07059, 811-02958, 811-05299, 811-22968, 811-08203, 811-06275, 811-07605, 811-10063, 811-04998, 811-02684, 811-22939, 811-04441, 811-22557, 811-04163, 811-07381, 811-08279, 811-08371, 811-22218, 811-00958, 811-07093, 811-03055, 811-22810, 811-03872, 811-23180, 811-04119, 811-04400, 811-06665, 811-02396, 811-02603, 811-10093, 811-04521, 811-21919, 811-22243, 811-03894, 811-05860, 811-07173, 811-21185, 811-08207, 811-23494, 811-07095, 811-02215-99, 811-21055, 811-22293, 811-00579, 811-04358 |
| Robert J. Gerrard, Jr. | No                      | 811-21185, 811-05860, 811-21454, 811-07095, 811-07381, 811-06665, 811-22243, 811-21919, 811-22968, 811-04521, 811-07059, 811-10093, 811-07145, 811-02603, 811-02396, 811-07353, 811-00958, 811-23180, 811-03872, 811-22810, 811-02684, 811-07605, 811-07093, 811-21055, 811-04441, 811-04163, 811-22218, 811-07173, 811-01710, 811-22557, 811-05833, 811-07749, 811-22293, 811-22620, 811-02215-99, 811-05299, 811-04400, 811-00579, 811-07209, 811-21149, 811-09995, 811-08371, 811-07075, 811-05986, 811-07639, 811-06275, 811-07143, 811-04998, 811-08279, 811-07153, 811-07055, 811-04358, 811-02958, 811-07225, 811-23494, 811-23261, 811-03894, 811-08207, 811-08203, 811-10063, 811-04519, 811-04119, 811-22939, 811-03055, 811-22410 |
| Teresa Bryce Bazemore  | No                      | 811-06665, 811-22620, 811-07143, 811-05986, 811-21454, 811-07749, 811-09995, 811-07353, 811-04519, 811-22557, 811-04163, 811-07639, 811-06275, 811-07093, 811-07209, 811-05299, 811-07075, 811-22410, 811-01710, 811-02396, 811-22968, 811-10063, 811-08203, 811-23261, 811-02684, 811-07059, 811-22939, 811-07153, 811-07095, 811-04441, 811-21055, 811-02958, 811-03055, 811-22810, 811-05833, 811-02215-99, 811-07381, 811-08279, 811-07605, 811-03872, 811-07145, 811-23180, 811-04119, 811-04358, 811-02603, 811-08371, 811-22293, 811-07055, 811-04400, 811-22218, 811-10093, 811-04521, 811-21919, 811-03894, 811-05860, 811-07173, 811-21185, 811-08207, 811-00958, 811-07225, 811-21149, 811-04998, 811-23494, 811-00579, 811-22243 |

### Item B.9. Chief compliance officer.

**Chief compliance officer Record: 1**

- **a. Full Name:** Armando Capasso

- **b. CRD Number, if any:** 007152939

- **c. Street Address 1:** 100 East Pratt Street

- **d. City:** Baltimore

- **e. State, if applicable:** MD

- **f. Foreign country, if applicable:** US

- **g. Zip code:** 21202

- **h. Telephone number:** XXXXXX

- **i. Has the chief compliance officer changed since the last filing?:** Yes

If the chief compliance officer is compensated or employed by any person other than the Registrant, provide:

**CCO employer Record: 1**

- **i. Name of the person:** —

- **ii. Person’s IRS Employer Identification Number:** —

### Item B.10. Matters for security holder vote.

- **Were any matters submitted by the Registrant for its security holders’ vote during the reporting period?** No

- **Item B.11.a - Have there been any material legal proceedings?:** No

- **Item B.11.b - Has any proceeding previously reported been terminated?:** No

- **Item B.12.a - Were any claims with respect to the Registrant filed under a fidelity bond?:** No

- **Item B.13.a - Are the Registrant's officers or directors covered under any insurance policy?:** Yes

- **Item B.13.a.i - If yes, were any claims filed under the policy during the reporting period?:** No

- **Item B.14 - Did an affiliated person provide any form of financial support to the Registrant?:** No

- **Item B.15.a - Did the Registrant rely on any exemptive orders from the Commission?:** No

### Item B.16. Principal underwriters.

**Principal underwriter Record: 1**

- **i. Full name:** T. Rowe Price Investment Services, Inc.

- **ii. SEC file number:** 008-25130

- **iii. CRD number:** 000008348

- **iv. LEI, if any:** N/A

- **v. State, if applicable:** MD

- **vi. Foreign country, if applicable:** US

- **vii. Is the principal underwriter an affiliated person...?:** Yes

- **b. Have any principal underwriters been hired or terminated during the reporting period?** No

### Item B.17. Independent public accountant.

**Public accountant Record: 1**

- **a. Full Name:** PricewaterhouseCoopers LLP

- **b. PCAOB Number:** 238

- **c. LEI, if any:** 5493002GVO7EO8RNNS37

- **d. State, if applicable:** MD

- **e. Foreign country, if applicable:** US

- **f. Has the independent public accountant changed since the last filing?** No

- **Item B.18 - Did an independent public accountant's report on internal control note any material weaknesses?:** No

- **Item B.19 - Did an independent public accountant issue an opinion other than an unqualified opinion?:** No

- **Item B.20 - Have there been material changes in the method of valuation?:** No

- **Item B.21 - Have there been any changes in accounting principles or practices?:** No

- **Item B.22.a - Were any payments made to shareholders as a result of an error in calculating NAV?:** No

- **Item B.23 - Did the Registrant pay any dividend or make any distribution required to be accompanied by a written statement?:** No

## Part C: Additional Questions for Management Investment Companies

### Management Investment Record: 1 - T. Rowe Price Small-Cap Stock Fund, Inc.

**Item C.1. Background information.**

- **a. Full Name of the Fund:** T. Rowe Price Small-Cap Stock Fund, Inc.

- **b. Series identification number, if any:** S000002120

- **c. LEI:** DN033QOT4XRHBV08B590

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 4

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class                              | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | T. ROWE PRICE SMALL-CAP STOCK FUND, INC.           | C000005508                                | OTCFX                        |
|                           2 | T. Rowe Price Small-Cap Stock Fund - I Class       | C000159682                                | OTIIX                        |
|                           3 | T. Rowe Price Small-Cap Stock Fund - Advisor Class | C000005509                                | PASSX                        |
|                           4 | T. Rowe Price Small-Cap Stock Fund - Z Class       | C000219319                                | TRZZX                        |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [ ] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [x] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** No

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. Is the securities lending agent an affiliated person...?** No

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** —

- **g. Provide the net income from securities lending activities:** $8,042.00

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 12d1-4 (17 CFR 270.12d1-4)

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** Yes

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** T. Rowe Price Associates, Inc.

- **ii. SEC file number:** 801-00856

- **iii. CRD number:** 000105496

- **iv. LEI, if any:** 7HTL8AEQSEDX602FBU63

- **v. State, if applicable:** MD

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.9.b. Sub-advisers.**

**Sub-adviser Record: 1**

- **i. Full name:** T. Rowe Price Investment Management, Inc.

- **ii. SEC file number:** 801-121434

- **iii. CRD number:** 000314590

- **iv. LEI, if any:** 549300JB5MWIPVHMEH37

- **v. Is the sub-adviser an affiliated person?:** Yes

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** T. Rowe Price Retirement Plan Services, Inc.

- **ii. SEC file number:** 084-01917

- **iii. LEI, if any:** N/A

- **iv. State, if applicable:** MD

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vii. Is the transfer agent a sub-transfer agent?:** Yes

**Transfer Agents Record: 2**

- **i. Full name:** T. Rowe Price Services, Inc.

- **ii. SEC file number:** 084-01079

- **iii. LEI, if any:** N/A

- **iv. State, if applicable:** MD

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** Bloomberg Finance L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 5493001KJTIIGC8Y1R12

- **iii. State, if applicable:** DE

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** ICE Data Services

- **ii. LEI, if any, or provide and describe other identifying number:** 13-3668779

- **Description of other identifying number:** Tax ID Number

- **iii. State, if applicable:** DE

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** Markit North America, Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** N/A

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** Refinitiv US Holdings Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300NF240HXJO7N016

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** EUROCLEAR BANK SA/NV

- **ii. LEI, if any:** 549300OZ46BRLZ8Y6F65

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)

**Custodians Record: 2**

- **i. Full name:** Islandsbanki hf

- **ii. LEI, if any:** 549300PZMFIQR79Q0T97

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 3**

- **i. Full name:** J.P. Morgan Bank Luxembourg S.A.

- **ii. LEI, if any:** 7W1GMC6J4KGLBBUSYP52

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 4**

- **i. Full name:** JPMorgan Chase Bank, London

- **ii. LEI, if any:** 7H6GLXDRUGQFU57RNE97

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 5**

- **i. Full name:** JPMorgan Chase Bank, N.A.

- **ii. LEI, if any:** 7H6GLXDRUGQFU57RNE97

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 6**

- **i. Full name:** JPMorgan Chase Bank, N.A. - Sydney Branch

- **ii. LEI, if any:** 7H6GLXDRUGQFU57RNE97

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 7**

- **i. Full name:** Mizuho Bank, Ltd.

- **ii. LEI, if any:** RB0PEZSDGCO3JS6CEU02

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 8**

- **i. Full name:** Royal Bank of Canada

- **ii. LEI, if any:** ES7IP3U3RHIGC71XBU11

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 9**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

**Shareholder Servicing Agents Record: 1**

- **i. Full name:** T. Rowe Price Retirement Plan Services, Inc.

- **ii. LEI, if any:** N/A

- **iii. State, if applicable:** MD

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** Yes

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** Yes

**Shareholder Servicing Agents Record: 2**

- **i. Full name:** T. Rowe Price Services, Inc.

- **ii. LEI, if any:** N/A

- **iii. State, if applicable:** MD

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** Yes

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** No

- **b. Has a shareholder servicing agent been hired or terminated during the reporting period?** No

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** T. Rowe Price Associates, Inc.

- **ii. LEI, if any, or other identifying number:** 7HTL8AEQSEDX602FBU63

- **iii. State, if applicable:** MD

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** T. Rowe Price Investment Services, Inc.

- **b. SEC file number:** 008-25130

- **c. CRD number:** 000008348

- **d. LEI, if any:** N/A

- **e. State, if applicable:** MD

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** BARCLAYS CAPITAL INC.

- **ii. SEC file number:** 008-41342

- **iii. CRD number:** 000019714

- **iv. LEI, if any:** AC28XWWI3WIBK2824319

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $246,813.00

**Brokers Record: 2**

- **i. Full name of broker:** BOFA SECURITIES, INC.

- **ii. SEC file number:** 008-69787

- **iii. CRD number:** 000283942

- **iv. LEI, if any:** 549300HN4UKV1E2R3U73

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $140,298.00

**Brokers Record: 3**

- **i. Full name of broker:** Cowen and Company, LLC

- **ii. SEC file number:** 008-22522

- **iii. CRD number:** 000007616

- **iv. LEI, if any:** 549300WR155U7DVMIW58

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $159,711.00

**Brokers Record: 4**

- **i. Full name of broker:** GOLDMAN SACHS & CO. LLC

- **ii. SEC file number:** 008-00129

- **iii. CRD number:** 000000361

- **iv. LEI, if any:** FOR8UP27PHTHYVLBNG30

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $239,310.00

**Brokers Record: 5**

- **i. Full name of broker:** J.P. MORGAN SECURITIES LLC

- **ii. SEC file number:** 008-35008

- **iii. CRD number:** 000000079

- **iv. LEI, if any:** ZBUT11V806EZRVTWT807

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $306,783.00

**Brokers Record: 6**

- **i. Full name of broker:** JEFFERIES LLC

- **ii. SEC file number:** 008-15074

- **iii. CRD number:** 000002347

- **iv. LEI, if any:** 58PU97L1C0WSRCWADL48

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $154,747.00

**Brokers Record: 7**

- **i. Full name of broker:** MORGAN STANLEY & CO. LLC

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $296,696.00

**Brokers Record: 8**

- **i. Full name of broker:** RBC Capital Markets, LLC

- **ii. SEC file number:** 008-45411

- **iii. CRD number:** 000031194

- **iv. LEI, if any:** 549300LCO2FLSSVFFR64

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $192,468.00

**Brokers Record: 9**

- **i. Full name of broker:** Robert W. Baird & Co. Incorporated

- **ii. SEC file number:** 008-00497

- **iii. CRD number:** 000008158

- **iv. LEI, if any:** 549300772UJAHRD6LO53

- **v. State, if applicable:** WI

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $172,125.00

**Brokers Record: 10**

- **i. Full name of broker:** UBS AG

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** BFM8T61CT2L1QCEMIK50

- **vii. Gross commissions paid by the Fund for the reporting period:** $155,340.00

**Aggregate Commission:** $3,336,826.00

**Item C.17.a. Principal transaction counterparties.**

| Name                       | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| BOFA SECURITIES, INC.      | 008-69787         | 000283942    | 549300HN4UKV1E2R3U73 | NY      | US        | $5,331,405.00             |
| Citigroup Inc.             | N/A               | N/A          | 6SHGI4ZSSLCXXQSBB395 | DE      | US        | $5,080,211.00             |
| Cowen and Company, LLC     | 008-22522         | 000007616    | 549300WR155U7DVMIW58 | NY      | US        | $7,782,874.00             |
| EVERCORE GROUP L.L.C.      | 008-49830         | 000042405    | 5493008F0LRLS5N8LZ81 | NY      | US        | $5,837,823.00             |
| GOLDMAN SACHS & CO. LLC    | 008-00129         | 000000361    | FOR8UP27PHTHYVLBNG30 | NY      | US        | $15,212,863.00            |
| J.P. MORGAN SECURITIES LLC | 008-35008         | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $95,636,274.00            |
| JEFFERIES LLC              | 008-15074         | 000002347    | 58PU97L1C0WSRCWADL48 | NY      | US        | $7,607,709.00             |
| MORGAN STANLEY & CO. LLC   | 008-15869         | 000008209    | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $3,500,379.00             |
| Needham & Company, LLC     | 008-33772         | 000016360    | 254900J2GFQ4J4NK1J89 | NY      | US        | $5,141,910.00             |
| SVB Securities LLC         | 008-48535         | 000039011    | 549300AAH7U76CEUBI94 | MA      | US        | $7,087,063.00             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $184,578,603.00

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** Yes

- **Item C.19.a - Fund's monthly average net assets:** $9,451,735,152.00

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

**Item C.21. Swing pricing.**

- **a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?** No

## N-CEN: Part G: Attachments

**Item G.1a. Attachments.**

Attachments applicable to all Registrants. All Registrants shall file the following attachments, as applicable, with the current report. Indicate the attachments filed with the current report by checking the applicable items below:

- [ ] i. Legal proceedings

- [ ] ii. Provision of financial support

- [x] iii. Independent public accountant's report on internal control (management investment companies other than small business investment companies only)

- [ ] iv. Change in accounting principles and practices

- [ ] v. Information required to be filed pursuant to exemptive orders

- [ ] vi. Other information required to be included as an attachment pursuant to Commission rules and regulations

## N-CEN: Signature

Pursuant to the requirements of the Investment Company Act of 1940, the Registrant has duly caused this report to a be signed on its behalf by the undersigned hereunto duly authorized.

**Registrant:** T. ROWE PRICE SMALL-CAP STOCK FUND, INC.

**Date:** 2023-03-15

**Signature:** Alan S. Dupski

**Title:** Treasurer