Gode Gunnar 4
Research Summary
AI-generated summary
NiSource (NI) SVP Gode Gunnar Sells 2,175 Shares
What Happened
Gode Gunnar, NiSource's SVP, Chief Accounting & Tax Officer, sold 2,175 shares of NiSource common stock on February 18, 2026. The shares were disposed at $46.00 per share for a total transaction value of $100,050. The filing lists the transaction as an open market or private sale (transaction code S), i.e., a sale rather than a purchase.
Key Details
- Transaction date: 2026-02-18
- Price per share: $46.00; Shares sold: 2,175; Total proceeds: $100,050
- Transaction type/code: Open market or private sale (S) — a sale, not a purchase or option exercise
- Shares owned after transaction: Not disclosed in the provided excerpt of the filing
- Filing date / timeliness: Form 4 filed 2026-02-19 (appears to be filed promptly the next day)
- Footnotes/plan: No 10b5-1 plan, tax-withholding, or other footnotes cited in the excerpt
Context
Sales by executives can reflect routine portfolio management, tax planning, or other personal reasons and do not by themselves indicate a change in view about the company. This sale was relatively modest (about $100k) for an executive. For investors tracking insider activity, purchases tend to be more directly interpreted as positive signals than routine sales.