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New Jersey Resources (NJR) director receives 3,022.723 RSU compensation grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Harvey Peter C

(Last) (First) (Middle)
C/O NEW JERSEY RESOURCES CORPORATION
1415 WYCKOFF ROAD

(Street)
WALL NJ 07719

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NEW JERSEY RESOURCES CORP [ NJR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/21/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 01/21/2026 A 3,022.723 (2) (2) Common Stock 3,022.723 $0 3,022.723 D
Explanation of Responses:
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.
2. 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.
Remarks:
/s/ Tejal K. Mehta, as attorney-in-fact for Peter C. Harvey 01/23/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.
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