New Jersey Resources Corp: svp and gen counsel Reich Richard sold 2,366 shares

What happened

• Reich Richard, svp and gen counsel, had 900 shares, 714 shares and 752 shares withheld to pay taxes upon RSU vesting on Oct 15, 2026. Each tranche was reported at $51.53 per share for totals of $46,377, $36,792 and $38,751, respectively, for combined proceeds of $121,920.

Key details

• Transaction date and price: Oct 15, 2026 — 900 shares at $51.53 ($46,377); 714 shares at $51.53 ($36,792); 752 shares at $51.53 ($38,751).
• Shares owned after the transaction: not reported in the filing excerpt provided.
• Relevant footnotes from the filing:
  • F1/F3/F5: the withholdings correspond to vesting of RSU tranches granted on Nov 15, 2023 (third tranche), Nov 6, 2024 (second tranche, final tranche vests Oct 15, 2027), and Nov 4, 2025 (first tranche, remaining tranches vest Oct 15, 2027 and Oct 15, 2028).
  • F2/F4/F6: totals adjusted for accrued dividend equivalents; each RSU and dividend equivalent converts into one share on vesting. F6 notes 372.498 shares accrued through the dividend reinvestment plan and a 0.804 fractional share was liquidated.
• Filing date and timeliness: filed Oct 16, 2026, reporting the Oct 15, 2026 transactions (no late filing indicated).

Why it may matter

• The transactions were tax-withholding dispositions tied to RSU vesting (shares withheld to satisfy tax obligations), not purchases or open-market sales initiated as separate trades.
• A filing does not show why the insider traded or why the company acted.