Form 4 for NJR NEW JERSEY RESOURCES CORP

Accepted 2023-10-16 00:00:00 ET · period of report 2023-10-15 · accession 0000356309-23-000060 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
M	2023-10-16	2023-10-15	NJR	Bel Roberto	SVP, CFO	F - Tax	$42.05	-1,967	16.9K	-10%	-$82.7K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2023-10-15	F	D	866	$42.05	16,143	D	—	—	(F5) Represents shares withheld to pay taxes due upon vesting of the first tranche of the RSU award previously granted on November 10, 2022. The second and third tranches will vest on October 15, 2024 and October 15, 2025, respectively. (F6) Total adjusted for 65 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.
2	Common	Common Stock	2023-10-15	F	D	594	$42.05	17,379	D	—	—	(F1) Represents shares withheld to pay taxes due upon vesting of the third and final tranche of the Restricted Stock Unit (RSU) award previously granted on November 9, 2020. (F2) Total adjusted for 124 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of New Jersey Resources Corporation (NJR) Common Stock upon vesting.
3	Common	Common Stock	2023-10-15	F	D	507	$42.05	16,944	D	—	—	(F3) Represents shares withheld to pay taxes due upon vesting of the second tranche of the RSU award previously granted on November 10, 2021. The final tranche will vest on October 15, 2024. (F4) Total adjusted for 72 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.