What the executives and directors of T. Rowe Price actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| Robert W. Sharps CEO and President | CEO | 556K | — | — |
| Stromberg William J Non-Executive COB | Officer | 515.7K | — | — |
| Veiel Eric L Vice President | Officer | 179.9K | — | — |
| Page Sebastien Vice President | Officer | 171.9K | — | — |
| Oestreicher David Corp Secretary and VP | Officer | 129.5K | — | — |
| Thomson Andrew Justin Mackenzie Vice President | Officer | 119.6K | — | — |
| Jackson Stephon A. Vice President | Officer | 86.9K | — | $308K |
| Nelson Joshua B Vice President | Officer | 81.3K | — | — |
| McCormick Andrew C. Vice President | Officer | 71.3K | — | — |
| Sawyer Dorothy C | Other | 56.6K | — | — |
| MacLellan Robert F. | Director | 55.7K | — | $324K |
| Husain Arif | Other | 47.2K | — | $434K |
| HRABOWSKI FREEMAN A III | Director | 46.6K | — | — |
| JOHNSON KIMBERLY H COO and VP | COO | 46.5K | — | — |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-13 | Jackson Stephon A. (Officer) | Discretionary sale | 3,000 | $102.56 | $308K |
| 2025-12-10 | Husain Arif (Other) | Discretionary sale | 4,260 | $101.96 | $434K |
| 2025-09-22 | MacLellan Robert F. (Director) | Discretionary sale | 3,090 | $105.01 | $324K |
| 2025-06-11 | Sawyer Dorothy C (Other) | Discretionary sale | 2,000 | $95.43 | $191K |
| 2025-05-12 | Hiebler Jessica M (Officer) | Discretionary sale | 968 | $96.98 | $94K |
| 2025-03-31 | MacLellan Robert F. (Director) | Discretionary sale | 3,955 | $91.56 | $362K |
| 2025-02-14 | Hiebler Jessica M (Officer) | Discretionary sale | 1,177 | $107.87 | $127K |
| 2025-02-11 | Husain Arif (Other) | Discretionary sale | 2,031 | $109.27 | $222K |
| 2025-02-11 | Husain Arif (Other) | Discretionary sale | 2,081 | $109.27 | $227K |
| 2024-12-10 | Thomson Andrew Justin Mackenzie (Officer) | Discretionary sale | 4,047 | $123.35 | $499K |
| 2024-09-13 | Hiebler Jessica M (Officer) | Discretionary sale | 484 | $104.73 | $51K |
| 2024-09-06 | Thomson Andrew Justin Mackenzie (Officer) | Discretionary sale | 12K | $102.83 | $1.2M |
| 2024-06-27 | Hiebler Jessica M (Officer) | Discretionary sale | 1,401 | $115.85 | $162K |
| 2024-06-18 | Sawyer Dorothy C (Other) | Discretionary sale | 2,000 | $117.00 | $234K |
| 2024-04-29 | MacLellan Robert F. (Director) | Discretionary sale | 3,043 | $113.08 | $344K |
| 2024-03-08 | HRABOWSKI FREEMAN A III (Director) | Discretionary sale | 4,370 | $118.32 | $517K |
| 2024-02-09 | Hiebler Jessica M (Officer) | Discretionary sale | 140 | $107.13 | $15K |
| 2024-02-09 | Hiebler Jessica M (Officer) | Discretionary sale | 998 | $107.13 | $107K |
| 2023-12-18 | Thomson Andrew Justin Mackenzie (Officer) | Discretionary sale | 12K | $105.91 | $1.3M |
| 2023-12-12 | Higginbotham Robert C.T. (Officer) | Discretionary sale | 5,977 | $99.41 | $594K |
| 2023-12-08 | Higginbotham Robert C.T. (Officer) | Discretionary sale | 5,374 | $98.71 | $530K |
| 2023-12-08 | Thomson Andrew Justin Mackenzie (Officer) | Discretionary sale | 5,812 | $98.71 | $574K |
| 2023-11-21 | Higginbotham Robert C.T. (Officer) | Discretionary sale | 40K | $96.52 | $3.9M |
| 2023-11-15 | Stromberg William J (Officer) | Discretionary sale | 5,000 | $98.47 | $492K |
| 2023-11-15 | Stromberg William J (Officer) | Discretionary sale | 5,000 | $98.49 | $492K |
| 2023-09-27 | McCormick Andrew C. (Officer) | Discretionary sale | 5,040 | $103.63 | $522K |
| 2023-09-15 | Higginbotham Robert C.T. (Officer) | Discretionary sale | 0 | $110.00 | $0 |
| 2023-09-01 | Higginbotham Robert C.T. (Officer) | Discretionary sale | 30 | $112.63 | $3K |
| 2023-08-30 | Thomson Andrew Justin Mackenzie (Officer) | Discretionary sale | 12K | $111.82 | $1.3M |
| 2023-05-03 | Hiebler Jessica M (Officer) | Discretionary sale | 1,881 | $106.66 | $201K |
| 2023-02-21 | Thomson Andrew Justin Mackenzie (Officer) | Discretionary sale | 4,900 | $115.15 | $564K |
| 2023-02-21 | Thomson Andrew Justin Mackenzie (Officer) | Discretionary sale | 7,069 | $114.09 | $807K |
| 2023-02-10 | McCormick Andrew C. (Officer) | Discretionary sale | 14.2K | $116.73 | $1.7M |
| 2022-12-09 | Higginbotham Robert C.T. (Officer) | Discretionary sale | 1,100 | $120.48 | $133K |
| 2022-12-09 | Higginbotham Robert C.T. (Officer) | Discretionary sale | 2,433 | $120.48 | $293K |
| 2022-12-09 | Higginbotham Robert C.T. (Officer) | Discretionary sale | 3,086 | $120.48 | $372K |
| 2022-12-09 | Thomson Andrew Justin Mackenzie (Officer) | Discretionary sale | 1,201 | $120.48 | $145K |
| 2022-12-09 | Thomson Andrew Justin Mackenzie (Officer) | Discretionary sale | 2,831 | $120.48 | $341K |
| 2022-12-09 | Thomson Andrew Justin Mackenzie (Officer) | Discretionary sale | 2,942 | $120.48 | $354K |
| 2022-11-11 | Stromberg William J (Officer) | Discretionary sale | 10K | $124.15 | $1.2M |
| 2022-08-04 | Thomson Andrew Justin Mackenzie (Officer) | Discretionary sale | 2,600 | $127.36 | $331K |
| 2022-08-04 | Thomson Andrew Justin Mackenzie (Officer) | Discretionary sale | 9,291 | $126.79 | $1.2M |
| 2022-08-02 | Hiebler Jessica M (Officer) | Discretionary sale | 160 | $124.68 | $20K |
| 2022-08-02 | Hiebler Jessica M (Officer) | Discretionary sale | 799 | $124.55 | $100K |
| 2022-05-02 | Hiebler Jessica M (Officer) | Discretionary sale | 730 | $125.00 | $91K |
| 2022-02-28 | Hiebler Jessica M (Officer) | Discretionary sale | 448 | $143.68 | $64K |
| 2022-02-28 | Hiebler Jessica M (Officer) | Discretionary sale | 812 | $143.63 | $117K |
| 2022-02-22 | Thomson Andrew Justin Mackenzie (Officer) | Discretionary sale | 2,700 | $143.52 | $388K |
| 2022-02-22 | Thomson Andrew Justin Mackenzie (Officer) | Discretionary sale | 5,516 | $142.63 | $787K |
| 2021-12-28 | Stromberg William J (CEO) | Discretionary sale | 2,797 | $200.45 | $561K |
| 2021-12-28 | Stromberg William J (CEO) | Discretionary sale | 4,556 | $198.85 | $906K |
| 2021-12-28 | Stromberg William J (CEO) | Discretionary sale | 7,647 | $199.69 | $1.5M |
| 2021-12-10 | Higginbotham Robert C.T. (Officer) | Discretionary sale | 81 | $200.50 | $16K |
| 2021-12-10 | Higginbotham Robert C.T. (Officer) | Discretionary sale | 128 | $196.23 | $25K |
| 2021-12-10 | Higginbotham Robert C.T. (Officer) | Discretionary sale | 502 | $196.23 | $99K |
| 2021-12-10 | Higginbotham Robert C.T. (Officer) | Discretionary sale | 867 | $196.23 | $170K |
| 2021-12-10 | Higginbotham Robert C.T. (Officer) | Discretionary sale | 872 | $196.23 | $171K |
| 2021-12-10 | Higginbotham Robert C.T. (Officer) | Discretionary sale | 2,161 | $196.23 | $424K |
| 2021-12-10 | Higginbotham Robert C.T. (Officer) | Discretionary sale | 2,681 | $196.23 | $526K |
| 2021-12-10 | Thomson Andrew Justin Mackenzie (Officer) | Discretionary sale | 81 | $200.50 | $16K |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.