ALTABEF PETER 4
4 · NISOURCE INC. · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
NiSource (NI) Director Peter Altabef Receives RSU Award
What Happened
- Peter Altabef, a director of NiSource Inc. (NI), was granted 3,807 restricted stock units (RSUs) on 2026-05-11. The grant is reported at $47.03 per share for a total reported value of $179,043. This is an award (compensation), not an open‑market purchase or sale.
Key Details
- Transaction date and price: 2026-05-11; reported value $47.03 per share, total $179,043.
- Filing date: 2026-05-13 (filed two days after the transaction; appears timely under Form 4 rules).
- Shares owned after transaction: Not specified in the provided filing information.
- Footnotes: The RSUs vest in full on the first anniversary of the grant date, subject to certain acceleration conditions. The reported amount includes RSUs for dividend equivalents, which are subject to the same vesting terms.
Context
- RSUs are a contingent right to receive one share of common stock upon vesting; this grant is part of routine non‑employee director compensation. Such awards reflect compensation expense and do not, by themselves, indicate the director is buying or selling stock in the open market.
Insider Transaction Report
Form 4
ALTABEF PETER
Director
Transactions
- Award
Common Stock
[F1][F2]2026-05-11$47.03/sh+3,807$179,043→ 56,615.459 total
Footnotes (2)
- [F1]Represents an award of restricted stock units ("RSU") granted as part of the non-employee director's annual compensation and which vests in full on the first anniversary of the grant date, subject to certain acceleration conditions.RSUs represent a contingent right to receive one share of the Company's common stock upon vesting pursuant to the Company's 2020 Omnibus Plan.
- [F2]This amount includes RSUs received pursuant to the dividend equivalent provisions of the RSU awards, and which are subject to the same vesting conditions as the underlying RSUs.
Signature
/s/ Ashley Bancroft, Attorney-in-Fact|2026-05-13