4//SEC Filing
Westhoven Stephen D 4
Accession 0000356309-25-000087
CIK 0000356309other
Filed
Nov 5, 7:00 PM ET
Accepted
Nov 6, 3:52 PM ET
Size
13.3 KB
Accession
0000356309-25-000087
Insider Transaction Report
Form 4
Westhoven Stephen D
Senior V.P., Subsidiary
Transactions
- Tax Payment
Common Stock
2025-11-04$44.85/sh−6,305$282,779→ 228,306.096 total - Award
Common Stock
2025-11-04$44.85/sh+22,909$1,027,469→ 259,070.096 total - Award
Common Stock
2025-11-04$44.85/sh+12,802$574,170→ 234,611.096 total - Award
Common Stock
2025-11-04$44.85/sh+15,478$694,188→ 243,784.096 total - Tax Payment
Common Stock
2025-11-04$44.85/sh−11,283$506,043→ 247,786.31 total - Tax Payment
Common Stock
2025-11-04$44.85/sh−7,623$341,892→ 236,161.096 total
Footnotes (5)
- [F1]Represents the first tranche of performance-based restricted stock units, previously granted on November 6, 2024, plus 484 accrued dividend equivalents. The second and third tranches will vest on September 30, 2026 and September 30, 2027, respectively. The applicable goal has been satisfied by New Jersey Resources Corporation (NJR) and certified by the Leadership Development and Compensation Committee (LDCC). Each performance-based restricted stock unit and dividend equivalent converts into one share of NJR Common Stock upon vesting.
- [F2]Represents shares withheld to pay taxes due upon vesting of performance share units.
- [F3]Represents number of performance share units, which vested at 97 percent of target (plus 1,629 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.
- [F4]Represents number of performance share units, which vested at 134 percent of target (plus 2,408 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]Total includes an adjustment of 0.786 shares to correct a prior rounding error.
Documents
Issuer
NEW JERSEY RESOURCES CORP
CIK 0000356309
Entity typeother
Related Parties
1- filerCIK 0001492218
Filing Metadata
- Form type
- 4
- Filed
- Nov 5, 7:00 PM ET
- Accepted
- Nov 6, 3:52 PM ET
- Size
- 13.3 KB