Stephen Skrocki - Oct 15, 2024 Form 4 Insider Report for NEW JERSEY RESOURCES CORP (NJR)

Role
Corporate Controller and PAO
Signature
/s/ Tejal K. Mehta, as attorney-in-fact for Stephen Skrocki
Stock symbol
NJR
Transactions as of
Oct 15, 2024
Transactions value $
-$37,894
Form type
4
Date filed
10/17/2024, 08:10 PM
Previous 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 -$6.43K -138 -2.43% $46.61 5.54K Oct 15, 2024 Direct F1, F2
transaction NJR Common Stock Tax liability -$31.5K -675 -11.72% $46.61 5.08K Oct 15, 2024 Direct F3, F4
* 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 Restricted Stok Unit (RSU) award previously granted on November 15, 2023. The second and third tranches will vest on October 15, 2025 and October 15, 2026, respectively.
F2 Total adjusted for 16 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of New Jersey Resources Corporation (NJR) Common Stock upon vesting.
F3 Represents shares withheld to pay taxes due upon vesting of the Deferred Stock Retention (DSR) award previously granted on November 10, 2021.
F4 Total adjusted for 219 accrued dividend equivalents payable upon vesting of DSRs. Each DSR and dividend equivalent converts into one share of NJR Common Stock upon vesting.