Barbour Sondra L 4

What Happened
Sondra L. Barbour, a director of NiSource, was granted 3,807 restricted stock units (RSUs) on 2026-05-11 at a reported grant value of $47.03 per share, totaling approximately $179,043. The filing shows this as an award/grant (transaction code A) rather than an open-market purchase or sale; the RSUs are compensation rather than a directional buy/sell by the director.

Key Details

• Transaction date and filing: Grant date 2026-05-11; Form 4 filed 2026-05-13 (timely within reporting window).
• Grant specifics: 3,807 RSUs granted at $47.03 per share; aggregate grant value ≈ $179,043.
• Vesting and plan: RSUs vest in full on the first anniversary of the grant date, subject to certain acceleration conditions, under the Company’s 2020 Omnibus Plan (see footnote).
• Dividend equivalents: Grant includes RSUs for dividend equivalents that follow the same vesting schedule as underlying RSUs.
• Shares owned after transaction: Not specified in the provided filing.

Context
RSUs are a form of deferred compensation that convert to common stock only upon vesting; they don’t represent immediately tradable shares. Because this is a routine director compensation award, it should be viewed as standard corporate pay rather than a direct signal of the insider’s short-term market view.