NI Form 144: 11,115 Shares to Be Sold via Fidelity on 08/28/2025
Rhea-AI Filing Summary
NiSource Inc. filed a Form 144 notifying the proposed sale of 11,115 shares of common stock through Fidelity Brokerage Services LLC on 08/28/2025. The filing states an aggregate market value of $470,497.95 and reports the company's total shares outstanding as 470,855,009. The 11,115 shares were acquired in 2025 through a combination of restricted stock vesting (01/24/2025 and 02/28/2025) and dividend reinvestment (02/19/2025 and 05/19/2025), and were paid as compensation or cash as indicated. No securities were reported sold in the past three months.
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Insights
TL;DR Proposed sale disclosed: 11,115 NiSource common shares, market value $470,497.95, to be sold via Fidelity on 08/28/2025.
The filing is a routine insider sale notice under Rule 144 describing the origin of the shares as restricted stock vesting and dividend reinvestment earlier in 2025. It provides key execution details: broker, quantity, market value, and intended sale date. No prior sales in the past three months are reported, and the filer affirms no undisclosed material adverse information. This disclosure supplies necessary transparency for market participants but contains no operational or financial performance data.
TL;DR Compliance filing appears complete for a Rule 144 notice, listing acquisition dates, payment nature, and broker details.
The Form 144 lists acquisition methods and payment types for each block of shares and includes the broker's name and planned sale date, satisfying standard procedural requirements for Rule 144 notices. The filer attests to absence of undisclosed material adverse information and includes the statutory warning about false statements. There are no indications of aggregated prior sales within the past three months.