Form 4: NiSource VP Sells 5,500 Shares of Common Stock

Sentiment:

SEC Form 4 Filing


Gunnar Gode, VP & Chief Accounting Officer of NiSource Inc., sold 5,500 shares of common stock at $39.92 per share on February 14, 2025.

Summary

  • On February 14, 2025, Gunnar Gode, VP & Chief Accounting Officer of NiSource Inc., sold 5,500 shares of common stock.
  • The sale price was $39.92 per share.
  • Following the transaction, Gode directly owns 24,758 shares of NiSource Inc. common stock.

Sentiment

Score: 5

Explanation: This is a routine disclosure of an insider stock sale. The sentiment is neutral as it doesn't inherently indicate positive or negative prospects for the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders buy or sell their company's stock. These filings are closely watched by investors for signals about a company's prospects.

Stakeholder Impact

  • The sale of shares by a company insider could be perceived negatively by some shareholders, although it may not necessarily reflect a negative outlook on the company.

Key Dates

DateDescription
02/14/2025Date of transaction: Gunnar Gode sold 5,500 shares of NiSource Inc. common stock.
02/18/2025Date of signature by Ashley Bancroft, Attorney-in-Fact.

Keywords

Form 4, NiSource Inc., NI, Gunnar Gode, Stock Sale, Insider Trading, Beneficial Ownership, VP & Chief Accounting Officer

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