Richard Reich compensation by year
NEW JERSEY RESOURCES Summary Compensation Table · the one fiscal year held| Component | FY2025 |
|---|---|
| Salary | $448,208 |
| Bonus | $0 |
| Stock awards | $383,453 |
| Option awards | $0 |
| Non-equity incentive | $265,982 |
| Pension and deferred compensation | $96,299 |
| All other | $38,983 |
| Total | $1,232,925 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: NEW JERSEY RESOURCES CORP DEF 14A filed December 10, 2025, accession 0000356309-25-000096, and prior-year filings. Open the filing on EDGAR.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 15,445 | $721,942 | — |
| RSU | 4,190 | $201,749 | — |
| RSU | 3,523 | $169,632 | — |
| RSU | 2,861 | $137,757 | — |
| RSU | 2,643 | $127,260 | — |
| RSU | 2,327 | $112,045 | — |
| RSU | 2,185 | $105,208 | — |
| RSU | 2,169 | $104,437 | — |
| RSU | 2,115 | $101,837 | — |
| RSU | 1,556 | $74,921 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in NEW JERSEY RESOURCES CORP's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
1 Form 4 line since the FY2025 proxy (filed December 10, 2025)current to 2026-09-24 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-03-19 | Sale | 10b5-1 | 5,449 | $52.99 | 26,974.79 |
The 1 most recent of 1 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
Change-in-control & termination
estimated payments NEW JERSEY RESOURCES discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Retirement | $0 | $0 | — | — |
| Disability | $0 | $330,541 | $400,482 | — |
| Change in control and involuntary termination | $1,414,163 | $709,406 | $111,485 | — |
| Death | $0 | $709,406 | $1,077,327 | — |
| Involuntary for cause | $0 | $0 | — | — |
| Involuntary termination without cause | $0 | $0 | $111,485 | — |
Per the Potential Payments Upon Termination or Change in Control table in NEW JERSEY RESOURCES CORP's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
NEW JERSEY RESOURCES’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Stephen Westhoven | President and Chief Executive Officer | $6,433,253 |
| Patrick Migliaccio | Senior Vice President and Chief Operating Officer, NJNG | $1,554,366 |
| Roberto Bel | Senior Vice President and Chief Financial Officer | $1,311,468 |
| Amy Cradic | Senior Vice President and Chief Operating Officer of Non-Utility Businesses, Strategy and External Affairs | $1,306,254 |
| Richard Reich · this page | Senior Vice President and General Counsel | $1,232,925 |
The full NEW JERSEY RESOURCES compensation record
free company briefThis page is one person within NEW JERSEY RESOURCES's record. The company brief lists every named executive, each linking to their own page.
Compensation, the day it’s disclosed
The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order NEW JERSEY RESOURCES's full Executive Compensation Report with peer benchmarking.
How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are NEW JERSEY RESOURCES's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
Velarion Pro: every company page, peer tools and exports, one seat