Jefferson William Jr. 4

What Happened

• Jefferson William Jr., NiSource's EVP and Chief Operations & Safety Officer, received an award of 6,851 restricted stock units (RSUs) on January 21, 2026. The grant is reported at a per-share value of $43.79, totaling $300,005. This was an equity compensation grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: January 21, 2026; $43.79 per share (6,851 RSUs); total value $300,005.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Vesting/tax notes: Footnote states each RSU converts to one share and the RSUs will 100% vest on February 28, 2029, subject to continuous employment through that date.
• Filing timeliness: Transaction reported on a Form 4 filed January 23, 2026 (timely within the typical two-business-day window).
• Transaction code: A = Award/Grant (no sale or exercise occurred).

Context

• RSUs are a form of deferred equity compensation: they represent a contingent right to receive common stock at vesting rather than an immediate purchase. Because these RSUs vest on Feb 28, 2029 and require continued employment, they do not provide immediate liquidity and are generally routine executive compensation rather than a direct signal of insider buying or selling intent.