Migliaccio Patrick J. bought NJR
November 4, 2025 · Form 4 insider transaction
Migliaccio Patrick J. bought 3,282 shares of New Jersey Resources Corporation at $44.85 per share, a transaction worth $147.2K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
The phantom stock represents performance share units, which vested at 97 percent of target (plus 345 dividend equivalents), after a 36-month period beginning on October 1, 2022, upon certification by the LDCC of NJR performance versus the appliable performance goal. These shares have been deferred pursuant to NJR's Officers' Deferred Compensation Plan and are to be paid out in a lump sum in January 2029. Each share of phantom stock is the economic equivalent of one share of NJR Common Stock.