Bunting Theodore H JR 4

What Happened

• Theodore H. Bunting Jr., a director of NiSource Inc. (NI), was granted 3,807 restricted stock units (RSUs) on 2026-05-11. The award is reported at a grant price of $47.03 per share, with a total reported value of approximately $179,043. This was an award/grant (Form 4 code "A"), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-05-11, 3,807 RSUs at $47.03 each (total ≈ $179,043).
• Shares owned after transaction: Not specified in the filing.
• Vesting/tax notes: Footnote indicates the RSUs vest in full on the first anniversary of the grant date subject to certain acceleration conditions (F1). The award amount includes RSUs from dividend equivalents, which vest under the same conditions (F2).
• Filing timeliness: Form filed 2026-05-13 for a 2026-05-11 transaction — appears to be a timely filing (not marked late).
• No 10b5-1 plan, tax withholding, or immediate sale noted in the filing.

Context

• RSUs are a contingent right to receive shares upon vesting under the company's 2020 Omnibus Plan; they are not immediate purchases or sales and do not by themselves indicate current buying/selling sentiment.
• For retail investors, director RSU grants are typically part of routine compensation and align the director’s interests with shareholders over the vesting period.