Sharon C. Taylor - 05 Jan 2026 Form 4 Insider Report for NEW JERSEY RESOURCES CORP (NJR)

Role: Director
Signature: /s/ Tejal K. Mehta, as attorney-in-fact for Sharon C. Taylor
Issuer symbol: NJR
Transactions as of: 05 Jan 2026
Net transactions value: +$15,595
Form type: 4
Filing time: 07 Jan 2026, 16:38:07 UTC
Previous filing: 23 Jan 2025
Next filing: 23 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
TAYLOR SHARON C	Director	C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL	/s/ Tejal K. Mehta, as attorney-in-fact for Sharon C. Taylor	07 Jan 2026	0001193806

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NJR	Common Stock	Options Exercise	$70,806	+1,548	+4.7%	$45.74	34,819	05 Jan 2026	Direct	F1, F2

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 Unit	Options Exercise	$55,211	-1,207	-100%	$45.74	0	05 Jan 2026	Common Stock	1,207		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the third and final distribution of phantom stock units, including 341 shares for accrued dividends, for the 2019 director fees that were deferred pursuant to the New Jersey Resources ("NJR") Directors' Deferred Compensation Plan. Each share of phantom stock and dividend equivalent is the economic equivalent of one share of NJR Common Stock.
F2	Total adjusted for .191 accrued dividends under the NJR Dividend and Reinvestment Plan.
F3	Each phantom stock unit is the economic equivalent of one share of NJR Common Stock.
F4	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 three installments beginning in January 2024.