BIRMINGHAM MELODY 4

Accession 0001111711-26-000012

CIK 0001111711other

Filed

Jan 22, 7:00 PM ET

Accepted

Jan 23, 4:19 PM ET

Size

5.4 KB

Accession

0001111711-26-000012

AI-generated summary of this filing

Updated Jan 23, 2026

NiSource (NI) EVP Melody Birmingham Receives RSU Award Worth $320K

What Happened

Melody Birmingham, EVP & Group President, Utilities at NiSource (NI), received a grant of 7,308 Restricted Stock Units (RSUs) on 2026-01-21. The award is reported at a grant value of $43.79 per share, totaling $320,017.
This is an equity award (transaction code A), not an open-market purchase or sale — typical executive compensation rather than a market-timing trade.

Key Details

Transaction date: 2026-01-21; Form 4 filed: 2026-01-23 (no late filing flag indicated in the filing).
Award details: 7,308 RSUs @ $43.79 each; reported value $320,017.
Vesting: Per footnote, RSUs will 100% vest on February 28, 2029, contingent on continuous employment through that date.
Shares owned after transaction: not specified in the provided filing excerpt.
Other footnotes: F2 notes certain share counts include dividend reinvestments; F3 notes an administrative duplicate CIK — future filings will use CIK 0001738248.

Context

RSUs are a conditional right to receive shares in the future (here, one RSU = one share at vesting). They are compensation and do not necessarily indicate the executive bought shares with personal funds.
Because these RSUs vest in 2029, they are a longer-term retention incentive rather than immediate liquidity or sale.

Form 4

Period: 2026-01-21

EVP & Grp President, Utilities

Transactions

Award
Common Stock
[F1][F2][F3]
2026-01-21$43.79/sh+7,308$320,017→ 90,984.728 total

Footnotes (3)

[F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock pursuant to the NiSource Inc. 2020 Omnibus Incentive Plan. Subject to certain forfeiture conditions, the RSUs will 100% vest on February 28, 2029, provided that the reporting person is continuously employed by the Company through and including that date.
[F2]Includes shares acquired through dividend reinvestments.
[F3]Due to an administrative error, there is a duplicate CIK number for this Reporting Person. All future filings will be made under this CIK (0001738248).

Signature

/s/ Ashley Bancroft, Attorney-in-Fact|2026-01-23

1 file

NISOURCE INC.

CIK 0001111711

Entity typeother