JOHNSON WILLIAM D 4

What Happened
William D. Johnson, a director of NiSource, received an award of 3,807 restricted stock units (RSUs) on 2026-05-11. The award is recorded at a grant value of $47.03 per share, totaling $179,043. This was an equity grant (transaction code A) as part of director compensation, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-11; SEC Form 4 filed 2026-05-13 (appears to be filed timely).
• Grant details: 3,807 RSUs @ $47.03 per share; total reported value $179,043.
• Shares owned after the transaction: not specified in the filing.
• Footnotes: F1 — RSUs are granted under the Company’s 2020 Omnibus Plan and vest in full on the first anniversary of the grant date (subject to certain acceleration conditions). F2 — the reported amount includes dividend equivalents paid as additional RSUs, subject to the same vesting conditions.
• Transaction type: Award/Grant of RSUs (not a purchase or sale).

Context
RSU grants to non-employee directors are a common form of compensation and represent a contingent right to receive stock only upon vesting; they do not create immediate market buying pressure. For investors, outright purchases by insiders typically carry more direct signaling than routine compensation awards, though grants do align directors’ interests with shareholders over time.