Yates Lloyd M 4

What Happened Lloyd M. Yates, President & CEO and Director of NiSource (NI), was granted 43,658 restricted stock units (RSUs) on January 22, 2026. The RSUs were reported at an imputed value/price of $43.52 per share, for a total grant value of $1,899,996. This was an award/compensation grant (not an open-market purchase or sale).

Key Details

• Transaction date and price: 2026-01-22; 43,658 RSUs at $43.52 each; total $1,899,996.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes:
  • F1: Each RSU is a contingent right to one share under the 2020 Omnibus Incentive Plan; RSUs vest 100% on Feb 28, 2029 if Yates remains employed through that date.
  • F3: The grant includes RSUs from dividend equivalents on his 2020–2021 director RSU awards, subject to the same vesting schedule.
  • F2: References shares acquired through the NiSource Employee Stock Purchase Plan (appears related to reported holdings rather than this grant).
• Filing timeliness: Report covers period 2026-01-22 and was filed 2026-01-23 (appears timely, not a late filing).

Context RSUs are conditional compensation: they do not represent immediate share ownership and can be forfeited if vesting conditions (continuous employment through 2/28/2029) are not met. Such awards are routine executive compensation and should not be interpreted as an open-market buy or sell signal.