Form 4 for NJR NEW JERSEY RESOURCES CORP
Accepted 2024-11-08 00:00:00 ET · period of report 2024-11-06 · accession 0000356309-24-000075 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-11-08 | 2024-11-06 | NJR | Bel Roberto | SVP, CFO | A - Grant | $46.61 | +4,921 | 26.2K | +23% | +$229.4K |
| DM | 2024-11-08 | 2024-11-06 | NJR | Bel Roberto | SVP, CFO | A - Grant | $46.94 | +4,387 | 4,330 | New | +$205.9K |
| DM | 2024-11-08 | 2024-11-06 | NJR | Bel Roberto | SVP, CFO | F - Tax | $46.94 | -104 | 2,354 | -4% | -$4,882 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-11-06 | A | A | 4,921 | $46.61 | 26,168 | D | — | — | (F1) Represents grant of restricted stock units (RSUs) under the New Jersey Resources Corporation (NJR) 2017 Stock Award and Incentive Plan. RSUs vest in three equal annual installments on October 15, 2025, October 15, 2026 and October 15, 2027. Each RSU represents a contingent right to receive one share of NJR Common Stock. |
| 2 | Derivative | Phantom Stock | 2024-11-06 | A | A | 2,411 | $46.94 | 2,411 | D | — · — to — | 2,411 Common Stock | (F2) The phantom stock units represent a performance share unit award that has vested and has been deferred pursuant to NJR's Officer Deferred Compensation Plan and is to be paid out in four equal annual installments beginning on January 1, 2028. Each share of phantom stock is the economic equivalent of one share of NJR Common Stock. |
| 3 | Derivative | Phantom Stock | 2024-11-06 | F | D | 47 | $46.94 | 4,283 | D | — · — to — | 47 Common Stock | (F3) Represents shares withheld to pay taxes due upon deferral of performance share unit award. (F2) The phantom stock units represent a performance share unit award that has vested and has been deferred pursuant to NJR's Officer Deferred Compensation Plan and is to be paid out in four equal annual installments beginning on January 1, 2028. Each share of phantom stock is the economic equivalent of one share of NJR Common Stock. |
| 4 | Derivative | Phantom Stock | 2024-11-06 | F | D | 57 | $46.94 | 2,354 | D | — · — to — | 57 Common Stock | (F3) Represents shares withheld to pay taxes due upon deferral of performance share unit award. (F2) The phantom stock units represent a performance share unit award that has vested and has been deferred pursuant to NJR's Officer Deferred Compensation Plan and is to be paid out in four equal annual installments beginning on January 1, 2028. Each share of phantom stock is the economic equivalent of one share of NJR Common Stock. |
| 5 | Derivative | Phantom Stock | 2024-11-06 | A | A | 1,976 | $46.94 | 4,330 | D | — · — to — | 1,976 Common Stock | (F2) The phantom stock units represent a performance share unit award that has vested and has been deferred pursuant to NJR's Officer Deferred Compensation Plan and is to be paid out in four equal annual installments beginning on January 1, 2028. Each share of phantom stock is the economic equivalent of one share of NJR Common Stock. |