Shawn Anderson - Feb 28, 2025 Form 4 Insider Report for NISOURCE INC. (NI)

Role
EVP & CFO
Signature
/s/ Ashley Bancroft, Attorney-in-Fact
Stock symbol
NI
Transactions as of
Feb 28, 2025
Transactions value $
-$92,136
Form type
4
Date filed
3/4/2025, 05:00 PM
Previous filing
Jan 30, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NI Common Stock Award $927K +22.7K +14.19% $40.81 183K Feb 28, 2025 Direct F1
transaction NI Common Stock Tax liability -$404K -9.89K -5.41% $40.81 173K Feb 28, 2025 Direct F2
transaction NI Common Stock Tax liability -$89.6K -2.2K -1.27% $40.81 171K Feb 28, 2025 Direct F3
transaction NI Common Stock Sale -$526K -12.9K -7.55% $40.79 158K Mar 3, 2025 Direct F4, F5
holding NI Common Stock 791 Feb 28, 2025 401(k) F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Vesting of non-derivative performance stock units granted in 2022, which are exempt from liability under Section 16(b) of the Securities Exchange Act pursuant to rule 16b-3(d).
F2 Number of shares reported represent shares withheld to satisfy tax withholding obligations in connection with the vesting of the performance stock units above.
F3 Number of shares reported represent shares withheld to satisfy tax withholding obligations in connection with the vesting of the 2022 Restricted Stock Unit award.
F4 The reported sale of 12,900 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 1, 2024.
F5 Includes shares acquired through dividend reinvestments.
F6 Constitutes shares acquired through the NiSource Inc. Retirement Savings Plan through February 28, 2025.