Roberto Bel - Mar 31, 2025 Form 4 Insider Report for NEW JERSEY RESOURCES CORP (NJR)

Role
SVP and CFO
Signature
/s/Tejal K. Mehta, as attorney-in-fact for Roberto F. Bel
Stock symbol
NJR
Transactions as of
Mar 31, 2025
Transactions value $
-$58,650
Form type
4
Date filed
4/1/2025, 09:32 AM
Previous filing
Mar 25, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NJR Common Stock Sale -$58.7K -1.17K -4.92% $50.00 22.6K Mar 31, 2025 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 was effectuated pursuant to a Rule 10b5-1 trading plan, which was entered into on December 19, 2024.