Senior Vice President and Chief Financial Officer · NEW JERSEY RESOURCES CORP (NJR)

Roberto Bel

FY2025 is the first fiscal year CompBrief holds for Roberto Bel as a named executive officer of NEW JERSEY RESOURCES; the record below is that year, complete. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2025

$1,311,468

Compensation figures as of the proxy filed December 10, 2025 (DEF 14A). Insider transactions since that proxy, current to 2026-09-24.

Roberto Bel compensation by year

NEW JERSEY RESOURCES Summary Compensation Table · the one fiscal year held
In US dollars, as NEW JERSEY RESOURCES reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2025
Salary$457,124
Bonus$0
Stock awards$467,992
Option awards$0
Non-equity incentive$333,265
Pension and deferred compensation$0
All other$53,087
Total$1,311,468

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
TypeUnvested unitsValue at year-endExercise price
RSU12,428$580,717—
RSU5,115$246,287—
RSU4,021$193,611—
RSU3,265$157,210—
RSU3,016$145,220—
RSU2,837$136,602—
RSU2,668$128,464—
RSU2,650$127,598—
RSU2,579$124,179—
RSU1,898$91,389—

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

3 Form 4 lines since the FY2025 proxy (filed December 10, 2025)
current to 2026-09-24 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-03-16Sale10b5-12,035$55.1019,780
2026-03-16Sale10b5-12,035$55.1023,850
2026-03-16Sale10b5-12,035$55.1021,815

The 3 most recent of 3 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 →

NEW JERSEY RESOURCES’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Stephen WesthovenPresident and Chief Executive Officer$6,433,253
Patrick MigliaccioSenior Vice President and Chief Operating Officer, NJNG$1,554,366
Roberto Bel · this pageSenior Vice President and Chief Financial Officer$1,311,468
Amy CradicSenior Vice President and Chief Operating Officer of Non-Utility Businesses, Strategy and External Affairs$1,306,254
Richard ReichSenior Vice President and General Counsel$1,232,925

The full NEW JERSEY RESOURCES compensation record

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This 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

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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.

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