Reich Richard sold NJR
October 15, 2025 · Form 4 insider transaction
Reich Richard sold 689 shares of New Jersey Resources Corporation at $46.22 per share, a transaction worth $31.8K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
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.; Total adjusted for 53 accrued dividend equivalents payable upon vesting of RSUs and includes 742.768 shares accrued through dividends under the NJR Dividend and Reinvestment Plan. Each RSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.