Lori DelGiudice - Sep 30, 2024 Form 4 Insider Report for NEW JERSEY RESOURCES CORP (NJR)

Role
SVP, Human Resources
Signature
/s/Tejal K. Mehta, as attorney-in-fact for Lori DelGiudice
Stock symbol
NJR
Transactions as of
Sep 30, 2024
Transactions value $
-$34,739
Form type
4
Date filed
10/2/2024, 07:29 PM
Previous filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NJR Common Stock Tax liability -$34.7K -736 -4.71% $47.20 14.9K Sep 30, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to pay taxes due upon vesting of the second tranche of 22 percent of the Restricted Stock Unit (RSU) award previously granted on November 10, 2022. The third and final installment of 56 percent will vest on September 30, 2025. Each RSU represents a contingent right to receive one share of New Jersey Resources Corporation (NJR) Common Stock.
F2 Total adjusted for 172 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.