Roberto F. Bel - 31 Mar 2025 Form 4 Insider Report for NEW JERSEY RESOURCES CORP (NJR)

Signature
/s/Tejal K. Mehta, as attorney-in-fact for Roberto F. Bel
Issuer symbol
NJR
Transactions as of
31 Mar 2025
Net transactions value
-$58,650
Form type
4
Filing time
01 Apr 2025, 09:32:02 UTC
Previous filing
25 Mar 2025
Next filing
17 Oct 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NJR Common Stock Sale $58,650 -1,173 -4.9% $50.00 22,649 31 Mar 2025 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 was effectuated pursuant to a Rule 10b5-1 trading plan, which was entered into on December 19, 2024.