New Jersey Resources (NJR) director receives 3,022.723 RSU compensation grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
New Jersey Resources Corporation director Peter C. Harvey received an annual equity award in the form of restricted stock units (RSUs). On 01/21/2026, he was granted 3,022.723 RSUs at a grant price of $0, reported as a derivative security held directly. Each RSU represents the right to receive one share of NJR common stock plus dividend equivalents, meaning the award is designed to mirror the value and dividends of the underlying shares over time.
The RSU award will vest in full on the earlier of the first anniversary of the grant date or the date of the next NJR annual meeting of shareowners. After this grant, Harvey beneficially holds 3,022.723 RSUs, aligning part of his director compensation with the company’s equity performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harvey Peter C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,022.723 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,022.723 shares (Direct)
Footnotes (1)
- Represents the annual Restricted Stock Unit ("RSU") retainer pursuant to the Non-Employee Director Compensation Plan, as amended. Each RSU represents a contingent right to receive one share of New Jersey Resources Corporation ("NJR") common stock plus dividend equivalents. The RSU award will vest in full on the earlier of (i) the first anniversary of the date of grant, or (ii) the date of the next NJR Annual Meeting of Shareowners.
FAQ
What equity award did NJR director Peter C. Harvey receive according to this Form 4?
He received 3,022.723 Restricted Stock Units (RSUs) as his annual retainer under New Jersey Resources Corporation's Non-Employee Director Compensation Plan.
When was Peter C. Harvey's RSU grant at NJR made effective?
The RSU grant to Peter C. Harvey was made on 01/21/2026, as reported in the Form 4 transaction table.
How do the NJR RSUs reported for Peter C. Harvey work?
Each RSU gives a contingent right to receive one share of New Jersey Resources Corporation common stock plus dividend equivalents, tracking the value and dividends of the underlying shares.
When will Peter C. Harvey's NJR RSU award vest?
The RSU award will vest in full on the earlier of the first anniversary of the grant date or the date of the next NJR Annual Meeting of Shareowners.
How many NJR RSUs does Peter C. Harvey hold after this transaction?
Following the reported transaction, Peter C. Harvey beneficially owns 3,022.723 RSUs, all held in a direct ownership capacity.
Is the NJR RSU grant to Peter C. Harvey a purchase or a compensation award?
The filing describes the RSUs as the annual Restricted Stock Unit retainer under the Non-Employee Director Compensation Plan, indicating it is an equity compensation award, not an open-market purchase.