NI NISOURCE INC. Insider Trading

Lloyd Yates (CEO) sells 19,905 shares of NI at $47.73; retains 519,556 shares post-sale.

Lloyd M Yates, Director and President & CEO of NISourse, sold 19,905 shares at $47.73 on 2026-05-21, reducing his holdings by 3.7% to 519,556 shares. The sale occurred near the 52-week high (within 2.4% of $48.98), and the company is trading at a P/E of 23.79 with strong fundamentals including revenue of $2,322,300,000.00, net income of $507,100,000.00, and annual revenue growth of +23.5%. His prior sale at this ticker (2025-05-16) posted a 90-day return of +9.3%, indicating the stock rose after that transaction—a poorly-timed outcome. The current sale, executed at an elevated valuation, warrants observation given the company's elevated P/E multiple, though the modest reduction in his ownership stake leaves him with a substantial remaining position.

Melody Birmingham sells 12,500 shares (9.7% of holdings) at $47.18–$47.43; retains 116,036 shares post-transaction.

Melody Birmingham, EVP & Group President of Utilities at NI, executed 2 separate sales totaling 12,500 shares for $590,425.00 on 2026-05-14 and 2026-05-20 at blended average price $47.23. The sales reduced her holdings from 128,536 shares to 116,036 shares, representing a 9.7% net decrease in her shareholding. Current price stands at $47.71, marginally above the transaction prices. Notably, her cross-ticker track record shows 11 prior open-market buys with no recorded sells, suggesting this dual-sale event departs from her historical pattern of accumulation.

CFO Anderson Shawn sold 12,500 NI shares at $45.01; prior same-ticker sale was well-timed (-3.1% 90d return).

Anderson Shawn, EVP & CFO, sold 12,500 shares of NI at $45.01, reducing his holdings from 148,801 to 136,301 shares (-8.4%). This sale occurred at a price $1.70 below the current price of $46.71 and within 0.0% of the 52-week high, suggesting the transaction was executed near recent peak valuations. His prior open-market sale at this same ticker (2025-03-03) showed a 90-day return of -3.1%, placing him in a 100% well-timed rate for same-ticker sales—a pattern indicating his prior disposal preceded a stock decline. The company exhibits fundamental strength with $1.2B quarterly revenue, +23.5% annual growth, and a reasonable 21.04 P/E ratio, though the timing relative to recent price strength warrants observation of any broader strategic or operational context that may inform this sale decision.

NI CEO Lloyd M. Yates sells 16,127 shares at $38.93; holds 351,747 shares post-transaction.

On 2025-05-16, Yates Lloyd M, Director and President & CEO of NISources Inc., sold 16,127 shares at $38.93, reducing his holdings by 4.4% to 351,747 shares. At the time of sale, the stock was trading at $38.93, and currently sits at $39.92, up 1.6% over the past 30 days. The insider's prior sale at this same ticker (Buy on 2023-08-23) achieved 30d returns of +1.0% but a 90d return of -1.6%, representing 0 of 1 well-timed transactions at the 90-day mark. The company reported recent revenue of $2,149,500,000 with net income of $474,800,000, though annual revenue growth declined 1.2% year-over-year, and trades at a P/E of 21.58. The sale appears modest in scope relative to the insider's substantial remaining stake, with no clear pattern of selling conviction demonstrated by his historical track record at this ticker.

NI: CFO Shawn Anderson sold 12,900 shares at $40.79 on 2025-03-03, reducing stake by 7.6% to 157.9K shares

Shawn Anderson, EVP & CFO of Nisource Inc., sold 12,900 shares at $40.79, generating $526,191.00 in proceeds and reducing his holdings to 157.9K shares. The sale occurred near the stock's 52-week high of $41.23, just 43 basis points below that peak. Despite the sale, Anderson retains substantial equity ownership with 157.9K shares post-transaction, suggesting continued meaningful exposure to the company. The transaction occurs in a context where the stock has gained 6.6% over 30 days and 6.8% over 90 days, recently outperforming its longer-term range.