Short answer
T. Rowe Price (TROW) filed an 8-K current report with the SEC on April 22, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Glenn August continues as OHA CEO under an amended employment agreement, supporting continuity for T. Rowe Price’s alternatives platform.
T. Rowe Price 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Glenn August continues as OHA CEO under an amended employment agreement, supporting continuity for T. Rowe Price’s alternatives platform
- $350,000 annual base salary, plus discretionary bonuses, equity incentives, and standard employee benefits
- 2027 OHA partner pool allocation of 16.333%, creating significant performance-linked compensation exposure
- 8.166% share of the 2027 Value Creation Incentive Pool tied to fee-related earnings growth
- Supplemental compensation pool funded up to $20 million annually from 2027–2030, potentially increasing retention costs for key OHA partners
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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