Cuccia Kimberly S 4

What Happened

• Kimberly S. Cuccia, Executive Vice President, General Counsel & Corporate Secretary of NiSource Inc. (NI), was granted 5,937 restricted stock units (RSUs) on January 21, 2026. The grant is reported at an implied value of $43.79 per share, totaling $259,981. This transaction is an award/grant (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-21; Filing date: 2026-01-23 (Form 4 Accession 0001111711-26-000013).
• Grant details: 5,937 RSUs at $43.79 per share; total reported value $259,981.
• Shares owned after transaction: Not specified in the supplied filing data.
• Footnotes:
  • F1: Each RSU equals a contingent right to one share under the NiSource 2020 Omnibus Incentive Plan; RSUs will vest 100% on February 28, 2029 if the reporting person remains continuously employed and subject to forfeiture conditions.
  • F2: Constitutes shares acquired through the NiSource Retirement Savings Plan through January 21, 2026.
• No indication in the provided record that this Form 4 filing was late.

Context

• This was a time‑based equity award (RSUs). RSUs are not immediate cash or share sales — they are a contingent grant that converts to company stock upon vesting (here, fully vesting on 2/28/2029 assuming continued employment). Such awards are common for executive compensation and do not by themselves signal a buy or sell decision by the insider.