Anderson Shawn 4

What Happened
Shawn Anderson, Executive Vice President & Chief Financial Officer of NiSource Inc., had 7,839 shares withheld to satisfy tax withholding obligations related to the partial vesting of a 2024 Special Restricted Stock Unit award. The shares were treated as a disposition at $43.91 per share, for a total value of $344,210. This is a routine tax-withholding event (disposition code F), not an open-market sale or a purchase.

Key Details

• Transaction date: January 26, 2026
• Price per share: $43.91; Total value: $344,210
• Transaction type/code: Tax withholding upon vesting (code F) — shares withheld to cover taxes rather than sold on market by the insider
• Shares owned after transaction: Not specified in the provided filing summary
• Footnotes from the filing:
  • F1: Shares withheld to satisfy tax withholding for partial vesting of the 2024 Special RSU award.
  • F2: Includes shares acquired through dividend reinvestments.
  • F3: Includes shares acquired through the NiSource Inc. Retirement Savings Plan through Jan 26, 2026.
• Filing timing: Report filed Jan 27, 2026 for a Jan 26, 2026 transaction — within the Form 4 reporting window (not indicated as late).

Context
This was an internal tax-withholding disposition tied to RSU vesting, effectively a cashless settlement to cover tax obligations. Such withholdings are routine and do not necessarily indicate the insider's view of the company's stock. For investors, purchases (buys) tend to be more informative about insider sentiment than withholding-related dispositions.