NI.NYSENisource INC

Form 4: NiSource Executive Michael Luhrs Reports Share Transaction

Sentiment:

SEC Form 4 Filing

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EVP Michael Luhrs reports disposition of shares to cover tax obligations related to vesting of restricted stock units.

Summary

  • On March 27, 2025, Michael Luhrs, EVP, Tech, Customer & CCO of NiSource Inc., reported a transaction involving common stock.
  • 4,753 shares were disposed of to satisfy tax withholding obligations related to the vesting of the 2023 Special Restricted Stock Unit award at a price of $39.75.
  • Following the transaction, Luhrs beneficially owns 87,552.0342 shares of NiSource Inc.
  • Some shares were acquired through the NiSource Inc. Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing reflects a routine transaction related to executive compensation and tax obligations.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like executives and directors, trade their company's stock. These filings provide transparency into insider transactions, allowing investors to see if those with inside knowledge of the company are buying or selling shares.

Stakeholder Impact

  • The transaction has a minimal direct impact on shareholders as it is a routine sale of shares to cover tax obligations.

Key Dates

DateDescription
03/27/2025Date of transaction: disposition of shares for tax obligations.
03/31/2025Date of signature by Attorney-in-Fact.

Keywords

Form 4, NiSource, Michael Luhrs, Stock Transaction, Beneficial Ownership, Executive Compensation, Tax Withholding, Employee Stock Purchase Plan

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