Form 4: NiSource Director Deborah A. Henretta Acquires 4,541 Shares of Common Stock

Sentiment:

SEC Form 4 Filing


Director Deborah A. Henretta acquired 4,541 shares of NiSource Inc. common stock at $38.32 per share on May 12, 2025, as part of her annual compensation.

Summary

  • On May 12, 2025, Deborah A. Henretta, a director of NiSource Inc., acquired 4,541 shares of common stock.
  • The acquisition was part of a restricted stock unit (RSU) award granted as part of the non-employee director's annual compensation.
  • The price per share was $38.32.
  • The RSUs vest in full on the first anniversary of the grant date, subject to certain acceleration conditions.
  • RSUs represent a contingent right to receive one share of the Company's common stock upon vesting pursuant to the Company's 2020 Omnibus Plan.
  • Following the transaction, Henretta beneficially owns 71,456.912 shares, including RSUs received pursuant to dividend equivalent provisions.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by a director as part of their compensation. While insider buying can be seen as positive, this is part of a pre-determined compensation plan.

Positives

  • The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The RSUs vest in full on the first anniversary of the grant date, subject to certain acceleration conditions.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it signals director confidence, but the effect is minimal due to the nature of the transaction as part of a compensation plan.

Key Dates

DateDescription
05/12/2025Date of transaction: Acquisition of common stock.
05/14/2025Date of signature on the Form 4 filing.

Keywords

NiSource, Director, Henretta, Stock Acquisition, RSU, Restricted Stock Units, Beneficial Ownership, Form 4

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