WILLIAM D. JOHNSON - 12 May 2025 Form 4 Insider Report for NISOURCE INC. (NI)

Role: Director
Signature: /s/ Ashley Bancroft, Attorney-in-Fact
Issuer symbol: NI
Transactions as of: 12 May 2025
Net transactions value: +$174,011
Form type: 4
Filing time: 14 May 2025, 16:47:10 UTC
Previous filing: 15 May 2024
Next filing: 07 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
JOHNSON WILLIAM D	Director	801 E. 86TH AVENUE, MERRILLVILLE	/s/ Ashley Bancroft, Attorney-in-Fact	14 May 2025	0001183048

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NI	Common Stock	Award	$174,011	+4,541	+23%	$38.32	24,009	12 May 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents an award of restricted stock units ("RSU") granted as part of the non-employee director's annual compensation and which vests in full on the first anniversary of the grant date, subject to certain acceleration conditions. RSUs represent a contingent right to receive one share of the Company's common stock upon vesting pursuant to the Company's 2020 Omnibus Plan.
F2	This amount includes RSUs received pursuant to the dividend equivalent provisions of the RSU awards, and which are subject to the same vesting conditions as the underlying RSUs.