Mansue Amy B. 4

Accession 0000356309-26-000015

CIK 0000356309other

Filed

Jan 22, 7:00 PM ET

Accepted

Jan 23, 2:42 PM ET

Size

9.6 KB

Accession

0000356309-26-000015

AI-generated summary of this filing

Updated Jan 23, 2026

NJR Director Amy Mansue Exercises Options, Receives RSUs

What Happened

Amy B. Mansue, a director of New Jersey Resources Corp (NJR), exercised stock derivatives and received an RSU award on January 21, 2026. She exercised or converted derivatives to acquire 512 shares at $47.97 per share (total cost $24,561). On the same date she was granted 3,022.723 restricted stock units (RSUs) as part of her non-employee director compensation.
The filing also reports 511.254 derivative units disclosed as disposed at $0.00; per the footnotes this reflects 100% vesting and one-for-one conversion of previously granted RSUs into common shares (no cash proceeds).

Key Details

Transaction dates: January 21, 2026; Form 4 filed January 23, 2026 (appears timely).
Exercise: 512 shares exercised @ $47.97 = $24,561 (code M).
Grant: 3,022.723 RSUs awarded (code A); RSUs have contingent rights to one share each plus dividend equivalents and vest per plan.
Conversion/Disposition: 511.254 RSUs converted/treated as disposed @ $0.00 (code M) — footnote indicates these were RSUs that vested and converted one-for-one into shares.
Footnotes: total RSU count/settlement includes 5.282 dividend equivalents and a fractional share rounding; annual RSU retainer per Non‑Employee Director Compensation Plan; vesting is generally the earlier of one year or next annual meeting.
Shares owned after the transactions: not specified in the excerpt provided.

Context

The cash outlay ($24.6K) was for an option/derivative exercise (buying shares), a straightforward acquisition rather than a sale — often viewed as neutral-to-bullish since the insider took shares.
The RSU grant is a routine director compensation award and the converted RSUs reflect vesting and conversion into shares rather than a market sale; these awards do not, by themselves, indicate a change in market sentiment.

Form 4

Period: 2026-01-21

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-01-21$47.97/sh+512$24,561→ 512 total
Award
Restricted Stock Units
[F2][F3]
2026-01-21+3,022.723→ 3,022.723 total
→ Common Stock (3,022.723 underlying)
Exercise/Conversion
Restricted Stock Units
[F4][F5]
2026-01-21−511.254→ 0 total
→ Common Stock (511.254 underlying)

Footnotes (5)

[F1]Total includes 5.282 dividend equivalents accrued on Restricted Stock Units ("RSUs") plus a fractional share for rounding to the next whole share.
[F2]Represents the annual RSU retainer pursuant to the Non-Employee Director Compensation Plan, as amended. Each RSU represents a contingent right to receive one share of New Jersey Resources Corporation ("NJR") common stock plus dividend equivalents.
[F3]The RSU award will vest in full on the earlier of (i) the first anniversary of the date of grant, or (ii) the date of the next NJR Annual Meeting of Shareowners.
[F4]Each RSU represents a contingent right to receive one share of NJR common stock plus dividend equivalents.
[F5]Represents 100 percent vesting of RSUs granted on November 3, 2025, pursuant to the Non-Employee Director Compensation Plan, as amended. RSUs converted one for one into shares of NJR common stock.

Signature

/s/ Tejal K. Mehta, as attorney-in-fact for Amy B. Mansue|2026-01-23

1 file

NEW JERSEY RESOURCES CORP

CIK 0000356309

Entity typeother