Jefferson William Jr. has filed a Form 144 to sell 40,000 shares of NiSource Inc. on October 30, 2026. This transaction is valued at approximately $1.78 million and is significant for both the company and the broader industry.

Background

NiSource Inc. operates in the electric and other services combined sector. The company is incorporated in Delaware and has its business address at 801 East 86th Ave, Merrillville, Indiana. The filing indicates that Jefferson William Jr. is an officer of the company, which adds weight to this transaction.

What the Filing Says

The filing states that Jefferson William Jr. intends to sell 40,000 shares of common stock acquired through restricted stock vesting. The approximate sale date is noted as October 30, 2026. The filing also indicates that there is nothing to report regarding securities sold in the past three months.

Impact

This sale may affect investor sentiment towards NiSource Inc., as large transactions by company officers can influence market perceptions. The electric and other services combined sector may also see reactions from investors and analysts as they evaluate the implications of this sale.

What's Next

The filing does not say what happens next.

Details of the Securities

The shares being sold are classified as common stock, and the filing specifies that they were acquired through restricted stock vesting. Jefferson William Jr. acquired 382 shares on February 28, 2025, and an additional 39,618 shares on February 27, 2026, both as part of compensation from the issuer.

Broker Information

The sale will be facilitated by Fidelity Brokerage Services LLC, located at 900 Salem Street, Smithfield, Rhode Island. This brokerage will handle the transaction on behalf of Jefferson William Jr.

Outstanding Shares

As of the filing date, NiSource Inc. has a total of 479,668,642 shares outstanding. This context is important for understanding the scale of the transaction relative to the overall market for the company's shares.

Compliance and Signatures

The filing was signed by Wade Moss, acting as a duly authorized representative of Fidelity Brokerage Services LLC, under a power of attorney for Jefferson William Jr. This adds a layer of compliance and legitimacy to the transaction.

What the Filing Does Not Include

The filing does not provide any insights into the reasons behind Jefferson William Jr.'s decision to sell these shares, nor does it mention any future plans or potential impact on his role within NiSource Inc.