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New Jersey Resources Corp is changing its executive pay plans and has approved new bonuses for top officers.

PaperworkRead the original at SEC EDGAR
Neutral

New Jersey Resources tied executive incentive pay to company results, leadership and stakeholder goals, with some stock awards tied to 3-year results. The filing reports no new business results, so it does not change the company's outlook.

NJR · New Jersey Resources Corp

AI read · Neutral

The AI's read

The plan links some executive pay to company results, leadership and stakeholder goals. Some stock awards depend on results over 3 years and may pay nothing if minimum goals are missed. The awards can be paid in company shares, but the filing gives no share count or expected cost. It reports no new business results, so it does not change how we read NJR's outlook.

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