AI assistant
NEW JERSEY RESOURCES CORP — Director's Dealing 2025
Jan 9, 2025
31045_dirs_2025-01-08_07b57a19-3333-42e6-9707-cddeeb7499fa.zip
Director's Dealing
Open in viewerOpens in your device viewer
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: TAYLOR SHARON C (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-01-06 | Common Stock | M | 1671 | $45.68 | Acquired | 28540.774 | Direct |
| 2025-01-06 | Common Stock | M | 1488 | $45.68 | Acquired | 30028.956 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-01-06 | Phantom Stock Unit | $ | M | 1320.51 | Disposed | Common Stock (1320.51) | Direct | |
| 2025-01-06 | Phantom Stock Unit | $ | M | 1207.057 | Disposed | Common Stock (1207.057) | Direct |
Footnotes
F1: Represents the third and final distribution of phantom stock units, including 350 shares for accrued dividends, for the 2018 director fees that were deferred pursuant to the New Jersey Resources ("NJR") Directors Deferred Compensation Plan. Each share of phantom stock and dividend equivalent is the economic equivalent of one share of NJR Common Stock.
F2: Represents the second distribution of phantom stock units, including 281 shares for accrued dividends, for the 2019 director fees that were deferred pursuant to the NJR Directors' Deferred Compensation Plan. The final distribution will take place in January 2026. Each share of phantom stock and dividend equivalent is the economic equivalent of one share of NJR Common Stock.
F3: Total adjusted for .182 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.
F5: The Phantom Stock Units represent 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.
F6: The Phantom Stock Units represent 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.