New Jersey Resources withholds 712 shares for taxes
His reported direct position was 2,429 shares, alongside 1,158 shares held through the NJR Employees' Retirement Savings Plan.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
New Jersey Resources Corp. Corporate Controller and PAO Christopher T. D'Antuono had 712 shares withheld on October 15, 2026, at $51.53 per share to pay taxes due upon vesting of a Deferred Stock Retention award granted November 15, 2023. His reported direct holdings afterward were 2,429 shares, a total adjusted for 156 accrued dividend equivalents payable upon vesting. He also reported 1,158 shares held indirectly through NJR Employees' Retirement Savings Plan. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 712 | $51.53 | $37K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents shares withheld to pay taxes due upon vesting of the Deferred Stock Retention (DSR) award previously granted on November 15, 2023.
- F2. Total adjusted for 156 accrued dividend equivalents payable upon vesting of DSRs. Each DSR and dividend equivalent converts into one share of NJR Common Stock upon vesting.
Key Figures
Key Terms
Deferred Stock Retention (DSR) award financial
accrued dividend equivalents financial
vesting technical
FAQ
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How do NJR's deferred stock retention awards treat dividend equivalents?
AI-generated analysis. How Rhea-AI works. Not financial advice.