Insider trade

Officer sold ~$715K of NI shares in the open market

Traded May 22, 2026 · Filed May 27, 2026

NiSourceNI

~$715K
Reported value · 15K sh @ $47.68: 36K
Holds after · shares reported: -17.4%
stock since the trade · S&P 500 +2.5%, $47.85 → $39.50 on Oct 1

Why it stands out

NiSource's Administration & CHRO sold $715K of NiSource shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: May 22, 2026
Reporting period: Not applicable
Filed with the SEC: May 27, 2026

Officer$500K–$1M

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$715,200

Shares × reported transaction price

Timing vs results

16 days after results of May 6, 2026, 75 days before results of Aug 5, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $47.85 on May 22, 2026, within 2% of its 52-week high, little changed over the previous 30 trading days

52-week range $38.75 (May 28, 2025) to $48.50 (Apr 28, 2026), 93% of the way up, from 251 adjusted closes. 30 trading days earlier: $48.05 on Apr 10, 2026. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-2.0%	+0.3%	-2.3%
30 days	+3.0%	-1.8%	+4.8%
90 days	-12.1%	+1.5%	-13.6%

Past results only. Not a forecast.

Source receipt

Record ID: 0001111711-26-000074
Filed / recorded: May 27, 2026, 8:07 PM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: NISOURCE INC.
Issuer CIK: 1111711
Ticker: NI
Reporting person: Melanie B. Berman
Relationship: Officer
Officer title: EVP Administration & CHRO
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: May 22, 2026
Transaction code: S
Shares / units: 15,000
Price per share: $47.68
Acquired / disposed: Disposed (D)
Shares owned after: 35,989.9347
Ownership form: Direct
Amendment: No

Footnotes from the filing

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.670 to $47.713, inclusive. The reporting person undertakes to provide to NiSource Inc., any security holder of NiSource Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Around the same time

CEO sold ~$950K of NiSource

Automatic sale4mo ago

Officer sold5mo ago

~$472KReported value · 10K sh @ $47.185

NiSource's & Grp President, Utilities sold $472K of NiSource shares. Nobody planned it ahead of time.

Why it stands out Official record

Officer sold ~$119K of NiSource

Automatic sale5mo ago