Form 4: NiSource EVP Melanie Berman Reports Stock Transactions

Melanie Berman, EVP Administration & CHRO of NiSource Inc., reports the acquisition and disposal of common stock related to vesting of performance stock units and restricted stock unit awards.

Summary

• Melanie B. Berman, EVP Administration & CHRO of NiSource Inc., filed a Form 4 on March 4, 2025, reporting transactions in NiSource common stock.
• On February 28, 2025, Berman acquired 14,542 shares of common stock at a price of $40.81 per share due to the vesting of non-derivative performance stock units granted in 2022.
• On the same day, Berman disposed of 3,978 shares and 1,389 shares of common stock at $40.81 per share to satisfy tax withholding obligations related to the vesting of performance stock units and restricted stock unit awards, respectively.
• Following these transactions, Berman beneficially owns 35,108.9347 shares of NiSource common stock directly.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment. It reflects routine executive compensation activity.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of stock-based compensation for a key executive.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they relate to executive compensation and do not indicate a change in company strategy or performance.

Key Dates