Richard Reich - 04 Nov 2025 Form 4 Insider Report for NEW JERSEY RESOURCES CORP (NJR)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
06 Nov 2025, 15:52:22 UTC
Prior SEC filing
17 Oct 2025
Next SEC filing
20 Mar 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Tejal K. Mehta, as attorney-in-fact for Richard Reich

Key filing fact

Richard Reich filed Form 4 for NEW JERSEY RESOURCES CORP (NJR) on 06 Nov 2025.

Key facts

  • This page summarizes Richard Reich's Form 4 filing for NEW JERSEY RESOURCES CORP (NJR).
  • 9 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 06 Nov 2025, 15:52.

Change

  • Previous filing in this sequence was filed on 17 Oct 2025.
  • Current net transaction value: +$373,331.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001883581 Primary reporting owner

Reich Richard

Relationship
SVP and Gen Counsel
Address
C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL
Signature
/s/ Tejal K. Mehta, as attorney-in-fact for Richard Reich
Signature date
06 Nov 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NJR transaction

Common Stock

Award

Transaction value
$199,538
Shares
+4,449
Change %
+17%
Price
$44.85
Shares after
30,856
Date
04 Nov 2025
Ownership
Direct
Footnotes
F1
NJR transaction

Common Stock

Award

Transaction value
$69,921
Shares
+1,559
Change %
+5.1%
Price
$44.85
Shares after
32,415
Date
04 Nov 2025
Ownership
Direct
Footnotes
F2
NJR transaction

Common Stock

Tax liability

Transaction value
$34,445
Shares
-768
Change %
-2.4%
Price
$44.85
Shares after
31,647
Date
04 Nov 2025
Ownership
Direct
Footnotes
F3
NJR transaction

Common Stock

Award

Transaction value
$47,182
Shares
+1,052
Change %
+3.3%
Price
$44.85
Shares after
32,699
Date
04 Nov 2025
Ownership
Direct
Footnotes
F4
NJR transaction

Common Stock

Tax liability

Transaction value
$23,232
Shares
-518
Change %
-1.6%
Price
$44.85
Shares after
32,181
Date
04 Nov 2025
Ownership
Direct
Footnotes
F3
NJR holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,313
Date
04 Nov 2025
Ownership
By NJR Employees' Retirement Savings Plan
Footnotes
F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NJR transaction Derivative

Phantom Stock

Award

Transaction value
$69,966
Shares
+1,560
Change %
Price
$44.85
Shares after
1,560
Date
04 Nov 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,560
Exercise price
Footnotes
F6
NJR transaction Derivative

Phantom Stock

Tax liability

Transaction value
$1,659
Shares
-37
Change %
-2.4%
Price
$44.85
Shares after
1,523
Date
04 Nov 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
37
Exercise price
Footnotes
F3, F6
NJR transaction Derivative

Phantom Stock

Award

Transaction value
$47,182
Shares
+1,052
Change %
+69%
Price
$44.85
Shares after
2,575
Date
04 Nov 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,052
Exercise price
Footnotes
F7
NJR transaction Derivative

Phantom Stock

Tax liability

Transaction value
$1,121
Shares
-25
Change %
-0.97%
Price
$44.85
Shares after
2,550
Date
04 Nov 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
25
Exercise price
Footnotes
F3, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Represents grant of restricted stock units (RSUs) under the New Jersey Resources Corporation (NJR) 2017 Stock Award and Incentive Plan. RSUs vest in three equal annual installments on October 15, 2026, October 15, 2027 and October 15, 2028. Each RSU represents a contingent right to receive one share of NJR Common Stock.

Footnote F2

Represents 50 percent of performance share units, which vested at 134 percent of target (plus 165 dividend equivalents), after a 36-month period beginning on October 1, 2022, upon certification by the Leadership Development and Compensation Committee (LDCC) of NJR performance versus the applicable performance goal. Performance share units and dividend equivalents convert into one share of NJR Common Stock upon vesting.

Footnote F3

Represents shares withheld to pay taxes due upon vesting of performance share units.

Footnote F4

Represents 50 percent of performance share units, which vested at 97 percent of target (plus 110 dividend equivalents), after a 36-month period beginning on October 1, 2022, upon certification by the LDCC of NJR performance versus the applicable performance goal. Performance share units and dividend equivalents convert into one share of NJR Common Stock upon vesting.

Footnote F5

Represents shares acquired through the NJR Employees' Retirement Savings Plan, a plan qualified under Section 401(k) of the Internal Revenue Code of 1986, as amended. Such shares represent acquisitions through the current date.

Footnote F6

The phantom stock represents 50 percent of performance share units, which vested at 134 percent of target (plus 165 dividend equivalents), after a 36-month period beginning on October 1, 2022, upon certification by the LDCC of NJR performance versus the appliable performance goal. These shares have been deferred pursuant to NJR's Officers' Deferred Compensation Plan and are to be paid out in a lump sum beginning in January 2030. Each share of phantom stock is the economic equivalent of one share of NJR Common Stock.

Footnote F7

The phantom stock represents 50 percent performance share units, which vested at 97 percent of target (plus 110 dividend equivalents), after a 36-month period beginning on October 1, 2022, upon certification by the LDCC of NJR performance versus the appliable performance goal. These shares have been deferred pursuant to NJR's Officers' Deferred Compensation Plan and are to be paid out in a lump sum beginning in January 2029. Each share of phantom stock is the economic equivalent of one share of NJR Common Stock.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .