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NEW JERSEY RESOURCES CORP — Director's Dealing 2025
Jan 9, 2025
31045_dirs_2025-01-08_d59a0832-c4fb-45fa-8192-750e3abf0c04.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: KENNY JANE M (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-01-06 | Common Stock | M | 3044 | $45.68 | Acquired | 26303 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-01-06 | Phantom Stock | $ | M | 2638 | Disposed | Common Stock (2638) | Direct |
Footnotes
F1: Represents the distribution of phantom stock units, including 406 shares for accrued dividends, for the 2020 restricted stock unit vesting that was deferred pursuant to the New Jersey Resources Corporation ("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: Each phantom stock unit is the economic equivalent of one (1) share of NJR Common Stock.
F3: The phantom stock units represent the 2020 restricted stock unit vesting that was deferred pursuant to the NJR Directors Deferred Compensation Plan to be paid in NJR Common Stock in one lump sum in January 2025.