Jacqueline K. Shea, SVP and Chief Information Officer of New Jersey Resources Corp (NYSE:NJR), filed a Form 4 on November 13, 2026, reporting three transactions in NJR Common Stock dated November 10, 2026.

Key Highlights

  • RSU grant: Shea acquired 3,532 restricted stock units under the NJR 2026 Stock Award and Incentive Plan, valued at $54.71 per share, vesting in three equal annual installments on October 15, 2027, October 15, 2028, and October 15, 2029.
  • PSU vesting: 3,157 performance share units (including 341 dividend equivalents) vested at 142 percent of target following a 36-month performance period beginning October 1, 2023.
  • Shares withheld for taxes: 1,555 shares were withheld at $54.71 per share to cover taxes due upon vesting of the performance share units.
  • Resulting ownership: Following all three transactions, Shea directly beneficially owned 44,642.764 shares of NJR Common Stock.
  • All transactions direct: All reported holdings are held directly by the reporting person.

Details of Shea's November 10 NJR Stock Transactions

According to the Form 4 filed with the SEC, Jacqueline K. Shea, identified as SVP and Chief Information Officer of New Jersey Resources Corp (NYSE:NJR), reported three separate transactions all dated November 10, 2026. The first was an acquisition of 3,532 restricted stock units (RSUs) under the NJR 2026 Stock Award and Incentive Plan at a reported price of $54.71. The filing states that each RSU represents a contingent right to receive one share of NJR Common Stock, with vesting in three equal annual installments on October 15, 2027, October 15, 2028, and October 15, 2029.

The second transaction reflects the vesting of 3,157 performance share units (PSUs), which the filing states included 341 dividend equivalents and vested at 142 percent of target. The filing notes that vesting occurred "after a 36-month period beginning on October 1, 2023, upon certification by the Leadership Development and Compensation Committee of NJR performance versus the applicable performance goal." The PSUs and dividend equivalents convert into one share of NJR Common Stock upon vesting, also at a reported price of $54.71.

The third transaction, coded "F," reflects 1,555 shares disposed of at $54.71 per share, which the filing identifies as "shares withheld to pay taxes due upon vesting of performance share units." After all three transactions, Shea's directly held beneficial ownership in NJR Common Stock stood at 44,642.764 shares, as reported in the filing. The Form 4 was signed by Melissa Abraham as attorney-in-fact for Jacqueline K. Shea on November 13, 2026.

What Was Disclosed

The filing disclosed an RSU grant, PSU vesting at 142 percent of target, and a tax-related share withholding, all on November 10, 2026, resulting in Shea directly owning 44,642.764 shares of NJR Common Stock.