New Jersey Resources Corp: SVP human resources Lori DelGiudice sold 1,765 shares

What happened Lori DelGiudice, SVP, human resources, had 1,765 shares withheld to pay taxes upon vesting of RSUs. The filing lists three withholdings: 721 shares for $37,153, 503 shares for $25,920, and 541 shares for $27,878, each at $51.53 per share, totaling $90,951.

Key details

• Transaction date and price: Oct 15, 2026 at $51.53 per share.
• Shares owned after the transaction: Not reported in the filing.
• Footnotes from the filing:
  • Withholdings represent tax payments on vested RSUs from prior grants.
  • One withholding relates to the third and final tranche of an RSU award granted Nov 15, 2023 (adjusted for 157 accrued dividend equivalents).
  • One withholding relates to the second tranche of an RSU award granted Nov 6, 2024; the final tranche of that award will vest on Oct 15, 2027 (adjusted for 74 accrued dividend equivalents).
  • One withholding relates to the first tranche of an RSU award granted Nov 4, 2025; the second and third tranches of that award will vest on Oct 15, 2027 and Oct 15, 2028 (adjusted for 45 accrued dividend equivalents).
  • Each RSU and each accrued dividend equivalent converts into one share upon vesting.
• Filing date: Oct 16, 2026. The filing does not indicate it was late.

Why it may matter These were shares withheld to satisfy tax obligations on vested restricted stock units, not an open-market sale. The filing does not show why the insider traded or why the company acted.