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NEW JERSEY RESOURCES CORP Director's Dealing 2024

Oct 18, 2024

31045_dirs_2024-10-17_57ee55d8-d856-4267-a49d-64439d8dde91.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEW JERSEY RESOURCES CORP (NJR)
CIK: 0000356309
Period of Report: 2024-10-15

Reporting Person: Shea Jacqueline K (SVP, Chief Information Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-10-15 Common Stock F 571 $46.61 Disposed 30045.717 Direct
2024-10-15 Common Stock F 564 $46.61 Disposed 29564.717 Direct
2024-10-15 Common Stock F 677 $46.61 Disposed 28938.717 Direct
2024-10-15 Common Stock F 1694 $46.61 Disposed 28384.121 Direct

Footnotes

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, 2021.

F2: Total adjusted for 124 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 10, 2022. The final tranche will vest on October 15, 2025.

F4: Total adjusted for 83 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 15, 2023. The second and third tranches will vest on October 15, 2025 and October 15, 2026, respectively.

F6: Total adjusted for 51 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.

F7: Represents shares withheld to pay taxes due upon vesting of the Deferred Stock Retention (DSR) award previously granted on November 10, 2021.

F8: Total adjusted for 348 accrued dividend equivalents payable upon vesting of DSRs and includes 791.404 shares accrued through dividends under the NJR Dividend and Reinvestment Plan. Each
DSR and dividend equivalent converts into one share of NJR Common Stock upon vesting.