Bel Roberto 4
4 · NEW JERSEY RESOURCES CORP · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
New Jersey Resources (NJR) CFO Bel Roberto Sells 6,105 Shares
What Happened
Bel Roberto, Senior Vice President and Chief Financial Officer of New Jersey Resources Corp (NJR), reported three open-market sales totaling 6,105 shares on 2026-03-16. Each sale was reported as 2,035 shares at a weighted average price of $55.10; the aggregate proceeds reported across the three sales are approximately $336,377. These were disposals (sales), which are commonly routine rather than a directional purchase signal.
Key Details
- Transaction date: 2026-03-16 (period of report). Form 4 filed: 2026-03-17 (timely).
- Reported transactions: three sales of 2,035 shares each; reported weighted average price $55.10.
- Aggregate proceeds reported: about $336,377 (individual proceeds reported as $112,127; $112,131; $112,119).
- Price range: shares were sold in multiple trades at prices ranging roughly $54.9675 to $55.43 (per footnotes). The filing reports weighted-average prices; the insider will provide per-price sale counts on request.
- Notable footnote: Sales were made pursuant to a Rule 10b5-1 trading plan entered December 12, 2025.
- Shares owned after transaction: not disclosed in this filing.
- Transaction code: S = Sale.
Context
A 10b5-1 plan indicates these sales were prearranged trading instructions established before the trades, which can reduce the appearance of trading on nonpublic information. Sales under such plans are common for executives managing diversification or liquidity needs; they do not necessarily signal a change in view about the company. For retail investors, purchases by insiders are often more informative than routine sales.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-16$55.10/sh−2,035$112,127→ 23,850 total - Sale
Common Stock
[F1][F3]2026-03-16$55.10/sh−2,035$112,131→ 21,815 total - Sale
Common Stock
[F1][F3]2026-03-16$55.10/sh−2,035$112,119→ 19,780 total
Footnotes (3)
- [F1]The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan, which was entered into on December 12, 2025.
- [F2]The price reported reflects the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $54.9675 and $55.43. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
- [F3]The price reported reflects the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $54.97 and $55.43. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.