Corporate GovernanceNov 10, 2026, 04:26 PM
T. Rowe Price Amends Long-Term Incentive Plan Vesting
AI Summary
T. Rowe Price Group, Inc. announced amendments to its 2020 Long-Term Incentive Plan and the associated Notice of Grant. These changes, approved by the Executive Compensation and Management Development Committee, are designed to allow for the continued vesting of Plan awards for employees who experience certain involuntary terminations. Additionally, new vesting provisions have been incorporated into the Notice of Grant.
Key Highlights
- T. Rowe Price Group's Executive Compensation Committee amended the 2020 Long-Term Incentive Plan.
- Amendments allow continued vesting of Plan awards for employees following certain involuntary terminations.
- The form of the Notice of Grant under the Plan was also amended to include new vesting provisions.
Price Impact
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