# EDGAR Filing Document

**Accession Number:** 0001795351
**File Stem:** 0001999371-26-003681
**Filing Date:** 2026-2
**Character Count:** 2165
**Document Hash:** 1d65e20e61761d39f46f647ec00e4cdc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-26-003681.hdr.sgml**: 20260219

**ACCESSION NUMBER**: 0001999371-26-003681

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260219

**DATE AS OF CHANGE**: 20260219

**EFFECTIVENESS DATE**: 20260219

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Exchange-Traded Funds, Inc.
- **CENTRAL INDEX KEY:** 0001795351

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-235450
- **FILM NUMBER:** 26651617

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

## Series and Classes Contracts Data

### T. Rowe Price Total Return ETF (Series ID: S000072798)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000229339 | T. Rowe Price Total Return ETF | TOTR            |

**T. Rowe Price New Income Fund<br> T. Rowe Price Total Return ETF<br> T. Rowe Price Total Return Fund**

Supplement to Prospectuses and Summary Prospectuses dated August 1, 2025

In the Summary Prospectus and Section 1 of the Prospectus, the disclosure under "Management" is supplemented as follows:

Effective immediately, Christopher P. Brown will step down from his role on the fund, and Anna Alexandra Dreyer and Carolyn Roby will continue as the fund's co-portfolio managers and cochairs of the fund's Investment Advisory Committee.

In Section 2 of the Prospectus, the disclosure under "Portfolio Management" is supplemented as follows:

Effective immediately, Christopher P. Brown will step down from his role on the fund and will no longer serve as one of the fund's co-portfolio managers. Anna Alexandra Dreyer and Carolyn Roby will continue as the fund's co-portfolio managers and cochairs of the fund's Investment Advisory Committee.

The date of this supplement is February 19, 2026.

G73-041 2/19/26