NEW JERSEY RESOURCES CORP — Director's Dealing 2023

Jan 10, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEW JERSEY RESOURCES CORP (NJR)
CIK: 0000356309
Period of Report: 2023-01-05

Reporting Person: TAYLOR SHARON C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-05	Common Stock	M	1551	$49.31	Acquired	18175.468	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-05	Phantom Stock Units	$	M	1320.51	Disposed		Common Stock (1320.51)	Direct

Footnotes

F1: Total includes an accrual of 231 dividend shares through the New Jersey Resources Corporation ("NJR") Directors Deferred Compensation Plan.

F2: Each Phantom Stock Unit is the economic equivalent of one (1) share of NJR Common Stock.

F3: The Phantom Stock Units represent the the first distribution of the 2018 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 2023.