Jane M. Kenny - 04 Jan 2024 Form 4 Insider Report for NEW JERSEY RESOURCES CORP (NJR)

Role
Director
Signature
/s/ Tejal K. Mehta, as attorney-in-fact for Jane M. Kenny
Issuer symbol
NJR
Transactions as of
04 Jan 2024
Net transactions value
+$20,847
Form type
4
Filing time
08 Jan 2024, 17:28:06 UTC
Previous filing
27 Jan 2023
Next filing
26 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NJR Common Stock Options Exercise $132,878 +2,932 +11% $45.32 28,946 04 Jan 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NJR Phantom Stock Options Exercise $112,031 -2,472 -100% $45.32 0 04 Jan 2024 Common Stock 2,472 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total includes an accrual of 460.834 shares of dividends through the New Jersey Resources Corporation ("NJR") Directors Deferred Compensation Plan.
F2 Each Phantom Stock Unit is the economic equivalent of one (1) share of NJR Common Stock.
F3 The Phantom Stock Units represent the 2019 director fees that were deferred pursuant to the NJR Directors Deferred Compensation Plan to be paid in NJR Common Stock in one lump sum in January 2024.