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NEW JERSEY RESOURCES CORP Director's Dealing 2024

Jan 8, 2024

31045_dirs_2024-01-08_0ccb7f2d-fa95-40cf-a621-c162de2bd9aa.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: 2024-01-04

Reporting Person: TAYLOR SHARON C (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-01-04 Common Stock M 1607 $45.32 Acquired 22824.468 Direct
2024-01-04 Common Stock M 1432 $45.32 Acquired 24256.468 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-01-04 Phantom Stock Unit $ M 1320.51 Disposed Common Stock (1320.51) Direct
2024-01-04 Phantom Stock Unit $ M 1207.057 Disposed Common Stock (1207.057) Direct

Footnotes

F1: Total includes an accrual of 231.138 dividend shares through the New Jersey Resources Corporation ("NJR") Directors Deferred Compensation Plan.

F2: Total includes an accrual of 225.022 dividend shares through the NJR Directors Deferred Compensation Plan.

F3: Each Phantom Stock Unit is the economic equivalent of one (1) share of NJR Common Stock.

F4: The Phantom Stock Units represent the second 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.

F5: The Phantom Stock Units represent the first distribution of 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.