Form 4 for NJR NEW JERSEY RESOURCES CORP
Accepted 2024-11-08 00:00:00 ET · period of report 2024-11-06 · accession 0000356309-24-000076 · 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 | 2024-11-08 | 2024-11-06 | NJR | Cradic Amy | SVP, COO Non-Utility Business | F - Tax | $46.94 | -4,858 | 40.6K | -11% | -$228.0K |
| M | 2024-11-08 | 2024-11-06 | NJR | Cradic Amy | SVP, COO Non-Utility Business | A - Grant | $46.94 | +16.4K | 46.9K | +54% | +$772.0K |
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 | F | D | 2,670 | $46.94 | 44,271 | D | — | — | (F3) Represents shares withheld to pay taxes due upon vesting of performance share units. |
| 2 | Common | Common Stock | 2024-11-06 | A | A | 4,998 | $46.94 | 37,681 | 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. |
| 3 | Common | Common Stock | 2024-11-06 | A | A | 5,156 | $46.94 | 42,837 | D | — | — | (F2) Represents number of performance share units, which vested at 124 percent of target (plus 521 dividend equivalents), after a 36-month period beginning on October 1, 2021, upon certification by the Leadership Development and Compensation Committee of NJR performance versus the applicable performance goal. Performance share units and dividend equivalents convert into one share of NJR Common Stock upon vesting. |
| 4 | Common | Common Stock | 2024-11-06 | F | D | 2,188 | $46.94 | 40,649 | D | — | — | (F3) Represents shares withheld to pay taxes due upon vesting of performance share units. |
| 5 | Common | Common Stock | 2024-11-06 | A | A | 6,292 | $46.94 | 46,941 | D | — | — | (F4) Represents number of performance share units, which vested at 150 percent of target (plus 638 dividend equivalents), after a 36-month period beginning on October 1, 2021, upon certification by the LDCC of NJR's performance versus the applicable performance goal. Performance share units and dividend equivalents convert into one share of NJR Common Stock upon vesting. |