Form 4: NiSource Executive Gunnar Gode Reports Stock Transactions Following Vesting of Performance Units
SEC Form 4 Filing
Gunnar Gode, VP & Chief Accounting Officer of NiSource Inc., reports acquisition and disposal of common stock related to vesting of performance stock units and tax obligations.
Summary
- On February 28, 2024, Gunnar Gode, VP & Chief Accounting Officer of NiSource Inc., reported transactions involving NiSource common stock.
- These transactions include the acquisition of 10,053 shares and 2,109 shares due to the vesting of non-derivative performance stock units and special performance stock units granted in 2021, respectively, at a price of $25.85 per share.
- Gode also reported the disposal of 3,052 shares, 641 shares, and 1,096 shares to satisfy tax withholding obligations related to the vesting of these performance stock units and a 2021 Restricted Stock Unit award, also at $25.85 per share.
- Following these transactions, Gode beneficially owns 29,476 shares of NiSource common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect changes in executive stock ownership due to compensation.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of stock transactions (acquisition and disposal). |
| 03/01/2024 | Date of signature on the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.