Roberto Bel - 15 Oct 2025 Form 4 Insider Report for NEW JERSEY RESOURCES CORP (NJR)

Role
SVP and CFO
Signature
/s/Tejal K. Mehta, as attorney-in-fact for Roberto F. Bel
Issuer symbol
NJR
Transactions as of
15 Oct 2025
Net transactions value
-$127,845
Form type
4
Filing time
17 Oct 2025, 14:08:12 UTC
Previous filing
01 Apr 2025
Next filing
06 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bel Roberto SVP and CFO C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL /s/Tejal K. Mehta, as attorney-in-fact for Roberto F. Bel 17 Oct 2025 0001900875

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NJR Common Stock Tax liability $43,216 -935 -4.1% $46.22 21,919 15 Oct 2025 Direct F1, F2
transaction NJR Common Stock Tax liability $45,804 -991 -4.5% $46.22 21,077 15 Oct 2025 Direct F3, F4
transaction NJR Common Stock Tax liability $38,825 -840 -4% $46.22 20,302 15 Oct 2025 Direct F5, F6
* 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 third and final tranche of the Restricted Stock Unit (RSU) award previously granted on November 10, 2022.
F2 Total adjusted for 205 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 second tranche of the RSU award previously granted on November 15, 2023. The final tranche will vest on October 15, 2026.
F4 Total adjusted for 149 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.
F5 Represents shares withheld to pay taxes due upon vesting of the first tranche of the RSU award previously granted on November 6, 2024. The second and third tranches will vest on October 15, 2026 and October 15, 2027, respectively.
F6 Total adjusted for 65 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.