Patrick J. Migliaccio - Oct 15, 2025 Form 4 Insider Report for NEW JERSEY RESOURCES CORP (NJR)

Role
Senior VP and COO, NJNG
Signature
/s/ Tejal K. Mehta, as attorney-in-fact for Patrick J. Migliaccio
Stock symbol
NJR
Transactions as of
Oct 15, 2025
Transactions value $
-$147,220
Form type
4
Date filed
10/17/2025, 02:08 PM
Previous filing
Jun 23, 2025
Next filing
Nov 6, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Migliaccio Patrick J. Senior VP and COO, NJNG 1415 WYCKOFF ROAD, WALL /s/ Tejal K. Mehta, as attorney-in-fact for Patrick J. Migliaccio 2025-10-17 0001658452

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NJR Common Stock Tax liability -$51K -1.2K -3.32% $42.66 34.8K Oct 15, 2025 Direct F1, F2
transaction NJR Common Stock Tax liability -$54.4K -1.28K -3.65% $42.66 33.7K Oct 15, 2025 Direct F3, F4
transaction NJR Common Stock Tax liability -$41.8K -981 -2.9% $42.66 32.9K Oct 15, 2025 Direct F5, F6
* 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 third and final tranche of the Restricted Stock Unit (RSU) award previously granted on November 10, 2022.
F2 Total adjusted for 263 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of New Jersey Resources Corporation (NJR) Common Stock upon vesting.
F3 Represents shares withheld to pay taxes due upon vesting of the second tranche of the RSU award previously granted on November 15, 2023. The final tranche will vest on October 15, 2026.
F4 Total adjusted for 192 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.
F5 Represents shares withheld to pay taxes due upon vesting of the first tranche of the RSU award previously granted on November 6, 2024. The second and third tranches will vest on October 15, 2026 and October 15, 2027, respectively.
F6 Total adjusted for 76 accrued dividend equivalents payable upon vesting of RSUs, and includes 134.806 shares reflecting the market-based change in the reporting person's balance in the New Jersey Resources Corporation Employees' Retirement Savings Plan, which is a plan qualified under Section 401(k) of the Internal Revenue Code of 1986, as amended. Each RSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.