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NEW JERSEY RESOURCES CORP Director's Dealing 2025

Oct 17, 2025

31045_dirs_2025-10-17_eb4058b2-2002-4baf-ae70-4e5548cdd735.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: 2025-10-15

Reporting Person: Skrocki Stephen (Corporate Controller and PAO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-10-15 Common Stock F 144 $46.22 Disposed 6466.389 Direct
2025-10-15 Common Stock F 163 $46.22 Disposed 6323.389 Direct
2025-10-15 Common Stock F 686 $46.22 Disposed 5866.389 Direct

Footnotes

F1: Represents shares withheld to pay taxes due upon vesting of the second tranche of the Restricted Stock Unit (RSU) award previously granted on November 15, 2023. The final tranche will vest on October 15, 2026.

F2: Total adjusted for 35 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.

F3: Represents shares withheld to pay taxes due upon vesting of the first tranche of the RSU award previously granted on November 6, 2024. The second and third tranches will vest on October 15, 2026 and October 15, 2027, respectively.

F4: Total adjusted for 20 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 Deferred Stock Retention (DSR) award previously granted on November 10, 2022.

F6: Total adjusted for 229 accrued dividend equivalents payable upon vesting of DSRs. Each DSR and dividend equivalent converts into one share of NJR Common Stock upon vesting.