T. Rowe Price Files 8-K on Operations & Financial Condition

Ticker: TROW · Form: 8-K · Filed: Feb 8, 2024 · CIK: 1113169

Complexity: simple

Sentiment: neutral

Topics: results-of-operations, financial-condition, regulation-fd, corporate-filing

TL;DR

**TROW just dropped an 8-K on financials, get ready for potential market reaction.**

AI Summary

T. Rowe Price Group, Inc. filed an 8-K on February 8, 2024, to report on its results of operations and financial condition, as well as to make a Regulation FD disclosure. This filing, under SEC File Number 000-32191, indicates that the company is providing an update on its financial performance. For investors, this matters because it signals that new financial information is being released, which could impact the stock's valuation and future outlook, potentially leading to price movements.

Why It Matters

This filing indicates T. Rowe Price is releasing new financial information, which is crucial for investors to assess the company's health and make informed decisions about buying, holding, or selling its stock.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial information, not an announcement of a major adverse event.

Analyst Insight

Investors should look for the actual financial results and disclosures that this 8-K foreshadows, as they will contain the specific data points needed to evaluate T. Rowe Price's performance and make informed investment decisions.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

What is the primary purpose of this 8-K filing by T. Rowe Price Group, Inc.?

The primary purpose of this 8-K filing, dated February 8, 2024, is to report on the company's "Results of Operations and Financial Condition" and to make a "Regulation FD Disclosure," as indicated in the 'ITEM INFORMATION' section.

What is the trading symbol and the exchange where T. Rowe Price Group, Inc.'s Common Stock is registered?

The Common Stock of T. Rowe Price Group, Inc. has the trading symbol 'TROW' and is registered on 'The NASDAQ Stock Market LLC (Nasdaq Global Select Market)' as stated under 'Securities registered pursuant to Section 12(b) of the Act'.

What is the state of incorporation for T. Rowe Price Group, Inc.?

T. Rowe Price Group, Inc. is incorporated in 'Maryland', as specified in the filing under 'State of incorporation'.

What is the par value of the Common Stock for T. Rowe Price Group, Inc.?

The par value of the Common Stock for T. Rowe Price Group, Inc. is '$0.20', as detailed under 'Title of each class' in the 'Securities registered pursuant to Section 12(b) of the Act' section.

Is T. Rowe Price Group, Inc. considered an emerging growth company according to this filing?

The filing includes a checkbox section to 'Indicate by check mark whether the registrant is an emerging growth company'. Since none of the boxes are checked, and there's no affirmative statement, it implies T. Rowe Price Group, Inc. is not identifying itself as an emerging growth company in this filing.

Filing Stats: 563 words · 2 min read · ~2 pages · Grade level 9.8 · Accepted 2024-02-08 07:02:03

Key Financial Figures

Filing Documents

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On February 8, 2024 we issued an earnings release reporting our results of operations for the twelve months ended December 31, 2023. A copy of this earnings release is attached hereto as Exhibit 99.1 and is incorporated by reference. The information in this Current Report on Form 8-K and the Exhibits attached hereto shall not be deemed to be "filed" for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing. Section 7 Regulation FD

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure On February 8, 2024, the Company will hold an investor conference call and webcast to discuss the Company's earnings results for the twelve months ended December 31, 2023. A copy of supplemental materials used during the earnings call is furnished as Exhibit 99.2 to this Form 8- K . Section 9 - Financial Statements and Exhibits.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 Earnings Release dated February 8 , 202 4 99.2 Earnings Release Supplement

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. T. Rowe Price Group, Inc. By: /s/ Jennifer B. Dardis Jennifer B. Dardis Vice President, Chief Financial Officer and Treasurer Date: February 8, 2024

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