New Jersey Resources (NYSE: NJR) COO unloads 3,000 shares
Rhea-AI Filing Summary
NEW JERSEY RESOURCES CORP (NJR) Senior VP and COO of NJNG, Patrick J. Migliaccio, reported a sale of 3,000 shares of common stock on 2026-08-14 at $55.6312 per share in an open-market or private transaction. Following this sale and a small plan-related adjustment, he holds 32,202.078 shares directly. The post-transaction balance was adjusted downward by 0.0524 shares to reflect a market-based change in his balance in the company’s 401(k) Employees' Retirement Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,000 shares
Net Sell
1 txn
Insider
Migliaccio Patrick J.
Role
Senior VP and COO, NJNG
Sold
3,000 shs ($167K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 3,000 | $55.6312 | $167K |
Holdings After Transaction:
Common Stock — 32,202.078 shares (Direct)
Footnotes (1)
- F1. Total adjusted downward by .0524 shares to reflect the market-based change in the reporting person's balance in the New Jersey Resources Corporation Employees' Retirement Savings Plan, which is a plan qualified under Section 401(k) of the Internal Revenue Code of 1986, as amended.
Key Figures
Shares sold: 3,000 shares
Sale price per share: $55.6312 per share
Shares held after transaction: 32,202.078 shares
+2 more
5 metrics
Shares sold
3,000 shares
Common stock sale on 2026-08-14 reported by Patrick J. Migliaccio
Sale price per share
$55.6312 per share
Price for the 3,000 NJR common shares sold
Shares held after transaction
32,202.078 shares
Direct ownership of NJR common stock following the reported sale
Plan-related adjustment
0.0524 shares
Downward adjustment from market-based change in 401(k) plan holdings
Net shares sold
3,000 shares
Net sell direction according to transaction summary
Key Terms
Sale in open market or private transaction, Employees' Retirement Savings Plan, Section 401(k) of the Internal Revenue Code of 1986, as amended
3 terms
Sale in open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
Employees' Retirement Savings Plan financial
"balance in the New Jersey Resources Corporation Employees' Retirement Savings Plan"
Section 401(k) of the Internal Revenue Code of 1986, as amended financial
"a plan qualified under Section 401(k) of the Internal Revenue Code of 1986"
FAQ
What insider transaction did NJR executive Patrick J. Migliaccio report on this Form 4?
Patrick J. Migliaccio reported selling 3,000 shares of NEW JERSEY RESOURCES CORP common stock on 2026-08-14 at $55.6312 per share. The transaction is characterized as a sale in an open market or private transaction.
Does the NJR Form 4 filing mention any Rule 10b5-1 trading plan for this transaction?
The filing’s 10b5-1 checkbox is not marked as affirming a Rule 10b5-1 trading plan for this transaction. No footnote indicates that the reported sale was executed under a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.