Bel Roberto sold NJR
November 4, 2025 · Form 4 insider transaction
Bel Roberto sold 61 shares of New Jersey Resources Corporation at $44.85 per share, a transaction worth $2.7K. The trade was recorded as shares withheld for taxes 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 272 dividend equivalents), after a 36-month period beginning on October 1, 2022, upon certification by the Leadership Development and Compensation Committee (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 in four equal annual installments beginning in January 2029. Each share of phantom stock is the economic equivalent of one share of NJR Common Stock.; Represents shares withheld to pay taxes due upon deferral of performance share unit award.