Shea Jacqueline K sold NJR
January 4, 2024 · Form 4 insider transaction
Shea Jacqueline K sold 1,002 shares of New Jersey Resources Corporation at $45.32 per share, a transaction worth $45.4K. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
Each Phantom Stock Unit is the economic equivalent of one (1) share of NJR Common Stock.; Represents the fourth distribution of phantom stock units representing performance share units that vested in November 2019 and were deferred pursuant to the New Jersey Resources ("NJR") Officers Deferred Compensation Plan. The remaining shares will be distributed in January 2025. Each share of phantom stock and dividend equivalent is the economic equivalent of one share of NJR Common Stock.