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Executive ChangeItem 5.02 · 8-KLOW RiskNeutral

NEW JERSEY RESOURCES CORP

A senior executive or director joined, left, or changed roles. An 8-K is the notice a US public company must file within four business days of a major event.

www.njpt.com
Filed: Nov 6, 2025CIK: 0000356309
View on SEC.gov

AI Executive Summary

AI-powered analysis of 8-K filing content

On November 4, 2025, New Jersey Resources' compensation committee approved the fiscal 2026 Officer Annual Incentive Plan for its named executive officers. Awards are tied 50% to net financial earnings, 30% to individual leadership, and 20% to Commitment to Stakeholders goals, with payouts from 0% to 150% of target.

Key Takeaways

The fiscal 2026 incentive plan requires a net financial earnings (NFE) hurdle to be met before any award is paid.

Target annual incentive opportunity is 110% of base salary for the President and CEO and 40% to 60% of base salary for the other named executive officers.

3 more takeaways

Related Filings (8)

8 more filings from NEW JERSEY RESOURCES CORP in the last 90 days

Filing Overview

Form Type8-K
Filing DateNov 6, 2025
Item5.02
CategoryExecutive Change
CIK0000356309
Accession #0001140361-25-040794
Risk LevelLOW
SentimentNeutral
Signalinformational
Topics
material agreement

What This Means

A senior executive (CEO, CFO, etc.) has joined, departed, or changed roles. Leadership changes can significantly impact strategy.
View Full Filing on SEC.govBrowse More Filings

NEW JERSEY RESOURCES CORP filed with the SEC. Fundz turns 8-K material events into an alert with the right executive attached.

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