New Jersey Resources (NYSE: NJR) director sells 8,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
New Jersey Resources Corp director Jane M. Kenny sold 8,000 shares of Common Stock in an open‑market transaction at $56.10 per share. After this sale, she directly owns 21,998 shares of the company’s stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,000 shares ($448,800)
Net Sell
1 txn
Insider
KENNY JANE M
Role
null
Sold
8,000 shs ($449K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,000 | $56.10 | $449K |
Holdings After Transaction:
Common Stock — 21,998 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 8,000 shares
Sale price per share: $56.10/share
Shares owned after transaction: 21,998 shares
+1 more
4 metrics
Shares sold
8,000 shares
Open-market sale of Common Stock
Sale price per share
$56.10/share
Price for the 8,000-share sale
Shares owned after transaction
21,998 shares
Direct ownership following sale
Net buy/sell shares
-8,000 shares
Net selling activity in this filing
Key Terms
Form 4, open-market sale, Common Stock, transaction code S
4 terms
Form 4 regulatory
"The transaction was recorded on Form 4 as a standard non-derivative stock sale"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open-market sale financial
"reported an open-market sale of 8,000 shares of New Jersey Resources"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"sold 8,000 shares of Common Stock in an open‑market transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code S regulatory
"Form 4 shows transaction code S and describes it as an open-market sale"
FAQ
What insider transaction did NJR director Jane M. Kenny report?
Director Jane M. Kenny reported an open-market sale of 8,000 shares of New Jersey Resources Corp Common Stock. The transaction was recorded on Form 4 as a standard non-derivative stock sale, reflecting a change in her direct share ownership position.
Was the NJR insider transaction a buy or a sell?
The NJR insider transaction was a sell. Form 4 shows transaction code S and describes it as an open-market sale, with 8,000 shares of Common Stock sold and no shares purchased by the reporting director in this specific filing.
Did the NJR Form 4 include any derivative securities activity?
The Form 4 for New Jersey Resources Corp did not report any derivative securities transactions. The filing’s transaction and derivative summaries show only a non-derivative open-market sale of Common Stock, with zero derivative exercises or related activity disclosed.