Lori DelGiudice - Oct 15, 2023 Form 4 Insider Report for NEW JERSEY RESOURCES CORP (NJR)

Role
SVP, Human Resources
Signature
/s/Tejal K. Mehta, as attorney-in-fact for Lori DelGiudice
Stock symbol
NJR
Transactions as of
Oct 15, 2023
Transactions value $
-$12,951
Form type
4
Date filed
10/16/2023, 09:11 PM
Previous filing
Oct 3, 2023
Next filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NJR Common Stock Tax liability -$13K -308 -2.56% $42.05 11.7K Oct 15, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to pay taxes due upon vesting of the first tranche of the RSU award previously granted on November 10, 2022. The second and third tranches will vest on October 15, 2024 and October 15, 2025, respectively.
F2 Total adjusted for 35 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.