Form 4: NiSource EVP & CFO Shawn Anderson Reports Stock Sale
SEC Filing Form 4
Shawn Anderson, EVP & CFO of NiSource Inc., reported the sale of 6,730 shares of common stock at a price of $32.24 on August 21, 2024.
Summary
- Shawn Anderson, the EVP & CFO of NiSource Inc., filed a Form 4 on August 23, 2024, reporting changes in beneficial ownership.
- On August 21, 2024, Anderson sold 6,730 shares of NiSource common stock at a price of $32.24 per share.
- Following the transaction, Anderson directly owns 165,280.546 shares of NiSource common stock.
- Anderson also indirectly owns 781.6893 shares through the NiSource Inc. Retirement Savings Plan (401(k)).
- The reported transactions include shares acquired through dividend reinvestments.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions by an executive.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale itself doesn't necessarily indicate a negative outlook, as executives may sell shares for various personal financial reasons.
Stakeholder Impact
- The stock sale could have a minor impact on shareholder sentiment, but is unlikely to have a significant effect on the company's operations or financial health.
Key Dates
| Date | Description |
|---|---|
| 08/21/2024 | Date of stock sale transaction. |
| 08/21/2024 | Shares acquired through the NiSource Inc. Retirement Savings Plan through this date. |
| 08/23/2024 | Date of Form 4 filing. |
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