NEW JERSEY RESOURCES CORP — Director's Dealing 2025

Oct 2, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEW JERSEY RESOURCES CORP (NJR)
CIK: 0000356309
Period of Report: 2025-09-30

Reporting Person: DelGiudice Lori (SVP, Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-09-30	Common Stock	F	1911	$48.15	Disposed	16043	Direct

Footnotes

F1: Represents shares withheld to pay taxes due upon vesting of the third and final tranche of 56 percent of the Restricted Stock Unit (RSU) award previously granted on November 10, 2022. Each RSU represents a contingent right to receive one share of New Jersey Resources Corporation (NJR) Common Stock.

F2: Total adjusted upward for 660 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.