NJR (NYSE: NJR) director Mansue receives 3,022 RSUs and 512 shares

Rhea-AI Filing Summary

New Jersey Resources Corporation director Amy B. Mansue reported routine equity compensation activity. On January 21, 2026, she received 3,022.723 restricted stock units (RSUs) as her annual retainer under the Non-Employee Director Compensation Plan, with each RSU representing one share of NJR common stock plus dividend equivalents. This RSU award will vest in full on the earlier of the first anniversary of the grant date or the next NJR annual meeting of shareowners.

On the same date, 511.254 RSUs granted on November 3, 2025 became 100% vested and were converted one-for-one into common stock, resulting in the acquisition of 512 NJR shares at a reported price of $47.97 per share, including 5.282 dividend equivalents and a small rounding adjustment. After these transactions, Mansue directly holds 512 shares of common stock and 3,022.723 RSUs.

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

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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^*

Mansue Amy B.

(Last) (First) (Middle)

C/O NEW JERSEY RESOURCES CORPORATION

1415 WYCKOFF RD

(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
Common Stock	01/21/2026		M		512(1)	A	$47.97	512	D

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	(2)	01/21/2026		A		3,022.723		(3)	(3)	Common Stock	3,022.723	$0	3,022.723	D
Restricted Stock Units	(4)	01/21/2026		M			511.254	(5)	(5)	Common Stock	511.254	$0	0	D

Explanation of Responses:

1. Total includes 5.282 dividend equivalents accrued on Restricted Stock Units ("RSUs") plus a fractional share for rounding to the next whole share.

2. Represents the annual 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.

3. 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.

4. Each RSU represents a contingent right to receive one share of NJR common stock plus dividend equivalents.

5. Represents 100 percent vesting of RSUs granted on November 3, 2025, pursuant to the Non-Employee Director Compensation Plan, as amended. RSUs converted one for one into shares of NJR common stock.

Remarks:

	/s/ Tejal K. Mehta, as attorney-in-fact for Amy B. Mansue	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.
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FAQ

What did NJR (NJR) director Amy B. Mansue report on this Form 4?

Amy B. Mansue reported routine equity compensation activity, including a grant of 3,022.723 restricted stock units (RSUs) as her annual non-employee director retainer and the vesting and conversion of a prior RSU grant into 512 shares of New Jersey Resources Corporation common stock.

How many restricted stock units did Amy B. Mansue receive from New Jersey Resources (NJR)?

She received 3,022.723 RSUs on January 21, 2026 as her annual retainer under the Non-Employee Director Compensation Plan, with each RSU representing a contingent right to receive one share of NJR common stock plus dividend equivalents.

When do the newly granted RSUs to NJR director Amy B. Mansue vest?

The new RSU award of 3,022.723 units 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, as disclosed in the footnotes.

What happened to Amy B. Mansues previously granted RSUs at New Jersey Resources (NJR)?

Previously granted RSUs from November 3, 2025 became 100% vested on January 21, 2026. A total of 511.254 RSUs, including dividend equivalents, were converted one-for-one into NJR common stock, resulting in 512 shares after rounding to the next whole share.

How many NJR common shares does Amy B. Mansue hold after these transactions?

Following the reported transactions, Amy B. Mansue directly holds 512 shares of New Jersey Resources Corporation common stock and 3,022.723 RSUs, as shown in the Form 4 tables.

What price per share is associated with Amy B. Mansues NJR common stock transaction?

The Form 4 lists a price of $47.97 per share for the 512 shares of NJR common stock associated with the derivative transaction coded M (conversion of RSUs into common stock).