NJR: Westhoven Stephen D discloses securities transactions
By AlphaYouPublished Form 4
Westhoven Stephen D
Reporting filer
Westhoven Stephen D reported Grant or award in NEW JERSEY RESOURCES CORP: 14046 units of Common Stock, dated 2026-09-30. The full Form 4 contains 4 transaction entries.
- Disclosed
- Oct 2, 2026
Reported details
4 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Westhoven Stephen D | 2026-09-30 | A | Grant or award | 14046 | 50.60 | 261,832.31 | 2 days | Filed terms
|
| Common Stock | Westhoven Stephen D | 2026-09-30 | F | Tax/exercise withholding | 7104 | 50.60 | 254,728.31 | 2 days | Filed terms
|
| Common Stock | Westhoven Stephen D | 2026-09-30 | A | Grant or award | 13288 | 50.60 | 268,016.31 | 2 days | Filed terms
|
| Common Stock | Westhoven Stephen D | 2026-09-30 | F | Tax/exercise withholding | 6797 | 50.60 | 261,320.317 | 2 days | Filed terms
|
Common Stock
- Owner
- Westhoven Stephen D
- Date
- 2026-09-30
- Code
- A
- Action
- Grant or award
- Quantity
- 14046
- Price
- 50.60
- Following holdings
- 261,832.31
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-09-30
- transaction Form Type: 4
- transaction Code: A
- equity Swap Involved: 0
- transaction Shares: 14046
- id: F1
- transaction Price Per Share: 50.60
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 261832.31
- direct Or Indirect Ownership: D
Common Stock
- Owner
- Westhoven Stephen D
- Date
- 2026-09-30
- Code
- F
- Action
- Tax/exercise withholding
- Quantity
- 7104
- Price
- 50.60
- Following holdings
- 254,728.31
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-09-30
- transaction Form Type: 4
- transaction Code: F
- equity Swap Involved: 0
- transaction Shares: 7104
- id: F2
- transaction Price Per Share: 50.60
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 254728.31
- direct Or Indirect Ownership: D
Common Stock
- Owner
- Westhoven Stephen D
- Date
- 2026-09-30
- Code
- A
- Action
- Grant or award
- Quantity
- 13288
- Price
- 50.60
- Following holdings
- 268,016.31
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-09-30
- transaction Form Type: 4
- transaction Code: A
- equity Swap Involved: 0
- transaction Shares: 13288
- id: F3
- transaction Price Per Share: 50.60
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 268016.31
- direct Or Indirect Ownership: D
Common Stock
- Owner
- Westhoven Stephen D
- Date
- 2026-09-30
- Code
- F
- Action
- Tax/exercise withholding
- Quantity
- 6797
- Price
- 50.60
- Following holdings
- 261,320.317
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-09-30
- transaction Form Type: 4
- transaction Code: F
- equity Swap Involved: 0
- transaction Shares: 6797
- id: F2
- transaction Price Per Share: 50.60
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 261320.317
- id: F4
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Westhoven Stephen D: President & CEO, Director.
- F1: Represents third and final vesting of Performance-Based Restricted Stock Units (PBRSUs) previously granted on November 15, 2023, plus 1,512 accrued dividend equivalents. The applicable performance goal has been satisfied by New Jersey Resources Corporation (NJR) and certified by the Leadership Development and Compensation Committee of the Board of Directors (LDCC). Each PBRSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.
- F2: Represents shares withheld to pay taxes due upon vesting of PBRSUs.
- F3: Represents vesting of the second tranche of PBRSUs, previously granted on November 6, 2024, plus 969 accrued dividend equivalents. The third and final tranche will vest on September 30, 2027. The applicable performance goal has been satisfied by NJR and certified by the LDCC. Each PBRSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.
- F4: Total reflects adjustment of 101.007 shares accrued through dividends under the NJR Employee Retirement Savings 401(k) and Employee Stock Ownership Plans.
Original sources
Prepared automatically from public filing data. Report a correction.