Westhoven Stephen D bought NJR
November 4, 2025 · Form 4 insider transaction
Westhoven Stephen D bought 12,802 shares of New Jersey Resources Corporation at $44.85 per share, a transaction worth $574.2K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Represents the first tranche of performance-based restricted stock units, previously granted on November 6, 2024, plus 484 accrued dividend equivalents. The second and third tranches will vest on September 30, 2026 and September 30, 2027, respectively. The applicable goal has been satisfied by New Jersey Resources Corporation (NJR) and certified by the Leadership Development and Compensation Committee (LDCC). Each performance-based restricted stock unit and dividend equivalent converts into one share of NJR Common Stock upon vesting.