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AI brief of an SEC Form 8-K · New Jersey Resources (NJR)

New Jersey Resources approves fiscal 2026 executive incentive and equity award plans

Neutral Impact 2 of 5 shareholder Written later

On November 4, 2025, New Jersey Resources' compensation committee approved its fiscal 2026 Officer Annual Incentive Plan and granted long-term equity awards to its named executive officers. The awards tie pay to net financial earnings, total shareholder return, and cumulative net financial earnings per share over fiscal 2026 through fiscal 2028.

Key points

  • Annual incentive awards are 50 percent based on fiscal 2026 net financial earnings, 30 percent on individual leadership, and 20 percent on Commitment to Stakeholders goals.
  • CEO target incentive is 110 percent of base salary; other named executive officers range from 40 to 60 percent.
  • Performance share units vest after a 36-month period ending September 30, 2028, with payouts from zero to 150 percent of the granted units.

The filing

CompanyNew Jersey Resources (NJR)
Form8-K, current report
Filed with the SECNov 6, 2025, 4:31 PM ET
Accession number0001140361-25-040794

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.