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NEW JERSEY RESOURCES CORP Director's Dealing 2025

Jan 9, 2025

31045_dirs_2025-01-08_f841c9b9-ceac-4ea1-83c1-674032440994.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: 2025-01-06

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-01-06 Common Stock M 1079 $45.68 Acquired 35571.121 Direct
2025-01-06 Common Stock F 615 $45.68 Disposed 35215.542 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-01-06 Phantom Stock $ M 1079.882 Disposed Common Stock (1079.882) Direct

Footnotes

F1: Represents the fifth and final distribution of phantom stock units representing performance share units that vested in November 2019 and were deferred pursuant to the New Jersey Resources ("NJR") Officers Deferred Compensation Plan. Each share of phantom stock and dividend equivalent is the economic equivalent of one share of NJR Common Stock.

F2: Represents shares withheld to cover taxes of deferred compensation distribution.

F3: Total adjusted for 259.421 accrued dividends under the NJR Dividend and Reinvestment Plan.

F4: Each phantom stock unit is the economic equivalent of one (1) share of NJR Common Stock.