Form 4: NiSource SVP, GC & Corp Sec Kimberly S Cuccia Reports Acquisition of 6,253 Shares

Kimberly S Cuccia, SVP, GC & Corp Sec of NiSource Inc., reports acquiring 6,253 shares of common stock at $37.78 per share on January 22, 2025, and also reports indirect ownership of 3,744.6989 shares through the NiSource Inc. Retirement Savings Plan.

Summary

• On January 22, 2025, Kimberly S Cuccia, SVP, GC & Corp Sec of NiSource Inc., acquired 6,253 shares of common stock at a price of $37.78 per share.
• Following this transaction, Cuccia directly owns 40,215 shares of NiSource Inc.
• Cuccia also indirectly owns 3,744.6989 shares through the NiSource Inc. Retirement Savings Plan.
• Additionally, Cuccia holds Restricted Stock Units (RSUs) that will vest on February 29, 2028, contingent upon continuous employment with the company.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard regulatory filing reporting insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

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

Future Outlook

The document indicates future vesting of RSUs on February 29, 2028, contingent upon continuous employment.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common in publicly traded companies. It provides transparency into the transactions of company executives and their holdings of company stock.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it provides insight into management's confidence in the company.

Key Dates