Welcome to our dedicated page for NiSource SEC filings (Ticker: NI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
NiSource Inc. filings document a Delaware-regulated utility holding company with NYSE-listed common stock under the symbol NI. The company’s 8-K reports record periodic operating results, Regulation FD disclosures, material definitive agreements, financing arrangements, and exhibits furnished with Inline XBRL cover data.
NiSource regulatory documents also cover proxy governance matters, including director elections, executive compensation votes, and auditor ratification. Recent filings describe capital-structure activity such as revolving credit agreements, junior subordinated notes, equity distribution agreements, and utility-related disclosures involving NIPSCO service obligations, generation planning, regulatory approval processes, and related financing considerations.
A shareholder filed a notice of proposed sale under Rule 144 to sell 12,500 shares of common stock through Fidelity Brokerage Services LLC on the NYSE, with an approximate sale date of 02/13/2026. The shares have an aggregate market value of $562,625.00. They were acquired on 01/24/2026 through restricted stock vesting from the issuer as compensation. The table also notes 478,533,171 shares of this class outstanding, indicating the planned sale is small relative to the total.
NiSource Inc. provides an overview of its regulated natural gas and electric utility business serving about 3.8 million customers across six states, organized into Columbia Operations and NIPSCO Operations. The company highlights extensive gas and electric networks, owned storage and generation assets, and participation in the MISO power market.
NiSource outlines a strategy centered on safety, infrastructure investment, and an energy transition that retires coal units while adding renewables, battery storage, and new gas-fired resources. A key development is a long‑term contract with Amazon Data Services, under which NIPSCO and affiliate GenCo will build significant generation and transmission assets to serve data centers.
The report details recent rate cases with approved returns on equity around 9.6%–10%, an environmental roadmap including a net zero greenhouse gas goal by 2040, and extensive human capital, safety and ethics programs. It also provides a comprehensive risk discussion, including operational hazards, large capital needs, evolving climate and environmental rules, data center concentration risk, cyber threats, regulatory uncertainty, and the challenges of executing major construction programs on time and on budget.
NiSource Inc. reported strong full-year 2025 results, with GAAP net income available to common shareholders of $929.5 million, or $1.95 per diluted share, compared to $739.7 million, or $1.62, in 2024. Non-GAAP adjusted net income was $905.2 million, or $1.90 of adjusted EPS, up from $798.6 million, or $1.75, in 2024.
The company achieved 2025 non-GAAP adjusted EPS and non-GAAP FFO/Debt above its guidance ranges. NiSource reaffirmed 2026 non-GAAP consolidated adjusted EPS guidance of $2.02–$2.07 and expects an 8%-9% compound annual growth rate in non-GAAP consolidated adjusted EPS and 9%-11% consolidated rate base growth from 2026 through 2033.
NiSource plans to invest approximately $28.0 billion from 2026–2030, including nearly $7.0 billion in strategic data center infrastructure tied to a landmark agreement with Amazon that is designed to return more than $1 billion in savings to retail customers.
NiSource Inc. EVP & CFO Shawn Anderson reported a tax-related share withholding on company stock. On January 26, 2026, 7,839 shares of common stock were withheld at a price of $43.91 per share to cover tax obligations tied to the partial vesting of a 2024 special restricted stock unit award. After this transaction, he beneficially owned 148,801.581 shares of NiSource common stock directly, plus 806.7779 shares held indirectly through the company’s retirement savings (401(k)) plan, which also include shares acquired through dividend reinvestments.
NiSource Inc. reported that Director and President & CEO Lloyd M. Yates received an award of 43,658 shares of common stock on January 22, 2026, at a reference price of $43.52 per share. The award is in the form of Restricted Stock Units, each representing one future share under the company’s 2020 Omnibus Incentive Plan.
The RSUs are scheduled to 100% vest on February 28, 2029, if Yates remains continuously employed with NiSource through that date and certain forfeiture conditions are not triggered. Following this grant, Yates beneficially owns a total of 395,949.938 shares of NiSource common stock, which includes shares acquired through the Employee Stock Purchase Plan and RSUs earned via dividend equivalents on prior director awards.
NiSource Inc. executive Michael Luhrs reported equity compensation activity and related tax withholding. On January 21, 2026, he acquired 6,851 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of NiSource common stock. According to the award terms, these RSUs are scheduled to 100% vest on February 28, 2029, if he remains continuously employed through that date.
On January 22, 2026, 5,393 shares of common stock were withheld at $43.52 per share to satisfy tax obligations tied to the partial vesting of a 2025 special RSU award. After these transactions, Luhrs directly beneficially owned 89,564.128 shares of NiSource common stock, which includes shares acquired through the company’s Employee Stock Purchase Plan.
NiSource Inc. executive Jefferson William Jr., EVP and Chief Operations & Safety Officer, reported an equity award linked to the company’s common stock. On January 21, 2026, he acquired 6,851 shares of common stock at $43.79 per share, bringing his total directly held common shares to 66,734 after the transaction. A related footnote explains that each Restricted Stock Unit (RSU) represents a contingent right to receive one share of NiSource common stock under the 2020 Omnibus Incentive Plan, and these RSUs are scheduled to 100% vest on February 28, 2029, provided he remains continuously employed by the company through that date.
NiSource Inc. senior vice president and Chief Accounting & Tax Officer Gunnar Gode reported an equity award tied to 1,702 shares of common stock on January 21, 2026. The shares are linked to Restricted Stock Units granted under the NiSource Inc. 2020 Omnibus Incentive Plan at a reference price of $43.79 per share. Following this award, Gode beneficially owns 31,432 shares of NiSource common stock in direct ownership.
The filing notes that each RSU represents a contingent right to receive one share of NiSource common stock. The RSUs are scheduled to vest 100% on February 28, 2029, assuming Gode remains continuously employed by the company through that date and subject to specified forfeiture conditions. This reflects a long-term, service-based incentive structure for a key executive.
NiSource Inc. executive vice president and general counsel Kimberly S. Cuccia reported a grant of 5,937 shares of common stock on January 21, 2026 at $43.79 per share. These shares are in the form of restricted stock units under the NiSource Inc. 2020 Omnibus Incentive Plan, and the footnote states they will 100% vest on February 28, 2029 if she remains continuously employed through that date.
After this award, Cuccia beneficially owns 47,184 shares of NiSource common stock directly. She also indirectly holds 3,843.9667 shares through the NiSource Inc. Retirement Savings Plan as of January 21, 2026, reflecting shares accumulated in her 401(k) account.
NiSource Inc. executive Melody Birmingham reported an equity award of common stock. On January 21, 2026, she acquired 7,308 shares of NiSource common stock in a transaction coded "A," reflecting a grant tied to Restricted Stock Units under the NiSource Inc. 2020 Omnibus Incentive Plan at a reference price of $43.79 per share.
Each RSU represents a contingent right to receive one share of NiSource common stock and, subject to forfeiture conditions, will vest 100% on February 28, 2029 if she remains continuously employed with the company through that date. Following this grant, she beneficially owned 90,984.728 shares of NiSource common stock, which includes shares accumulated through dividend reinvestment.