secwatch.observer — SEC 8-K summary
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Issuer:     PRICE T ROWE GROUP INC (TROW)
CIK:        0001113169
Form:       8-K
Filed at:   2026-04-22T23:59:59+00:00
Accession:  0001628280-26-026397
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

T. Rowe Price renews OHA CEO Glenn August employment agreement with new incentive structure
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- Glenn August remains OHA CEO; base salary $350,000 unchanged.
- For 2027, August awarded 16.333% of OHA Partner Cash Compensation Pool.
- Supplemental Compensation Pool funded up to $20M annually (2027-2030) for certain OHA Partners.
- Value Creation Incentive Plan (VCI) established; August awarded 8.166% of 2027 VCI Pool.
- Severance: 12 months base salary continuation plus prorated bonus and COBRA subsidy if terminated without cause or for good reason.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1113169/000162828026026397/0001628280-26-026397-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1113169/000162828026026397/trow-20260422.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-026397

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