DONALD L. CORRELL - 24 Jan 2024 Form 4 Insider Report for NEW JERSEY RESOURCES CORP (NJR)

Role
Director
Signature
/s/ Tejal K. Mehta, as attorney-in-fact for Donald L. Correll
Issuer symbol
NJR
Transactions as of
24 Jan 2024
Transactions value $
$0
Form type
4
Filing time
26 Jan 2024, 15:28:59 UTC
Previous filing
17 Jan 2024
Next filing
16 Apr 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NJR Restricted Stock Units Award $0 +4,318 $0 4,317 24 Jan 2024 Common Stock 4,317 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the annual Restricted Stock Unit ("RSU") retainer pursuant to the Non-Employee Director Compensation Plan, as amended. Each RSU represents a contingent right to receive one share of New Jersey Resources Corporation ("NJR") common stock plus dividend equivalents.
F2 The RSU award will vest in full on the earlier of (i) the first anniversary of the date of grant, or (ii) the date of the next NJR Annual Meeting of Shareowners.