4//SEC Filing
Reich Richard 4
Accession 0000356309-25-000083
CIK 0000356309other
Filed
Nov 5, 7:00 PM ET
Accepted
Nov 6, 3:52 PM ET
Size
21.8 KB
Accession
0000356309-25-000083
Insider Transaction Report
Form 4
Reich Richard
SVP and Gen Counsel
Transactions
- Award
Common Stock
2025-11-04$44.85/sh+4,449$199,538→ 30,855.836 total - Award
Common Stock
2025-11-04$44.85/sh+1,559$69,921→ 32,414.836 total - Tax Payment
Common Stock
2025-11-04$44.85/sh−768$34,445→ 31,646.836 total - Award
Common Stock
2025-11-04$44.85/sh+1,052$47,182→ 32,698.836 total - Tax Payment
Phantom Stock
2025-11-04$44.85/sh−37$1,659→ 1,523 total→ Common Stock (37 underlying) - Award
Phantom Stock
2025-11-04$44.85/sh+1,560$69,966→ 1,560 total→ Common Stock (1,560 underlying) - Award
Phantom Stock
2025-11-04$44.85/sh+1,052$47,182→ 2,575 total→ Common Stock (1,052 underlying) - Tax Payment
Phantom Stock
2025-11-04$44.85/sh−25$1,121→ 2,550 total→ Common Stock (25 underlying) - Tax Payment
Common Stock
2025-11-04$44.85/sh−518$23,232→ 32,180.836 total
Holdings
- 3,313.394(indirect: By NJR Employees' Retirement Savings Plan)
Common Stock
Footnotes (7)
- [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, 2026, October 15, 2027 and October 15, 2028. Each RSU represents a contingent right to receive one share of NJR Common Stock.
- [F2]Represents 50 percent of performance share units, which vested at 134 percent of target (plus 165 dividend equivalents), after a 36-month period beginning on October 1, 2022, upon certification by the Leadership Development and Compensation Committee (LDCC) of NJR performance versus the applicable performance goal. Performance share units and dividend equivalents convert into one share of NJR Common Stock upon vesting.
- [F3]Represents shares withheld to pay taxes due upon vesting of performance share units.
- [F4]Represents 50 percent of performance share units, which vested at 97 percent of target (plus 110 dividend equivalents), after a 36-month period beginning on October 1, 2022, upon certification by the LDCC of NJR performance versus the applicable performance goal. Performance share units and dividend equivalents convert into one share of NJR Common Stock upon vesting.
- [F5]Represents shares acquired through the NJR Employees' Retirement Savings Plan, a plan qualified under Section 401(k) of the Internal Revenue Code of 1986, as amended. Such shares represent acquisitions through the current date.
- [F6]The phantom stock represents 50 percent of performance share units, which vested at 134 percent of target (plus 165 dividend equivalents), after a 36-month period beginning on October 1, 2022, upon certification by the LDCC of NJR performance versus the appliable performance goal. These shares have been deferred pursuant to NJR's Officers' Deferred Compensation Plan and are to be paid out in a lump sum beginning in January 2030. Each share of phantom stock is the economic equivalent of one share of NJR Common Stock.
- [F7]The phantom stock represents 50 percent performance share units, which vested at 97 percent of target (plus 110 dividend equivalents), after a 36-month period beginning on October 1, 2022, upon certification by the LDCC of NJR performance versus the appliable performance goal. These shares have been deferred pursuant to NJR's Officers' Deferred Compensation Plan and are to be paid out in a lump sum beginning in January 2029. Each share of phantom stock is the economic equivalent of one share of NJR Common Stock.
Documents
Issuer
NEW JERSEY RESOURCES CORP
CIK 0000356309
Entity typeother
Related Parties
1- filerCIK 0001883581
Filing Metadata
- Form type
- 4
- Filed
- Nov 5, 7:00 PM ET
- Accepted
- Nov 6, 3:52 PM ET
- Size
- 21.8 KB