NiSource NI

NiSource is the 398th largest S&P 500 company by market cap, worth $20.8 billion. 12 directors have filed with the SEC in the last 12 months (who counts), 1 of them an executive. 7 other officers are on file. At 30 Jun 2026, Vanguard was its largest institutional holder, with 13.3% of the company.

CEO
Lloyd M. Yates
Sector
Utilities
Sub-industry
Multi-Utilities
Headquarters
Merrillville, Indiana
Founded
1912
Market cap
$20.8B
398th largest, 23 Oct 2026 close
Revenue
$6.5B
Fiscal year 2025
Price to sales
3.2
Market cap over revenue
Employees
7,738
10-K, 31 Dec 2025
Market cap per employee
$2.7M
Market cap over employees
Connections
2
S&P 500 companies sharing a director or officer

Largest institutional holders

Each fund group's share of NiSource. Where a company has several share classes, the share is of its total value.

13F filings for the quarter to 30 Jun 2026

These five hold 39.6% of NiSource.

Board and officers

2 people here also hold roles at other S&P 500 companies.

Roles filed up to 30 Sep 2026

NameTitle
Directors (12)
Lloyd M. YatesDirector and President & CEOAlso at Marsh McLennanDirector and President & CEO
Peter AltabefDirectorDirector
Sondra L. BarbourDirectorDirector
Theodore H. Bunting Jr.DirectorDirector
Eric L. ButlerDirectorDirector
Deborah A. HenrettaDirectorDirector
Deborah HersmanDirectorDirector
Michael E. JesanisDirectorDirector
William D. JohnsonDirectorDirector
Kevin T. KabatDirectorAlso at Crown CastleDirector
Cassandra S. LeeDirectorDirector
John McAvoyDirectorDirector
Officers (7)
Shawn AndersonEVP & CFOLast filed 3 Mar 2026EVP & CFO
Melanie B. BermanEVP Administration & CHROLast filed 27 May 2026EVP Administration & CHRO
Melody BirminghamEVP & Grp President, UtilitiesLast filed 18 Aug 2026EVP & Grp President, Utilities
Kimberly S. CucciaEVP, GC & Corporate SecretaryLast filed 3 Mar 2026EVP, GC & Corporate Secretary
Gunnar GodeSVP Chief Accting&Tax OfficerLast filed 3 Mar 2026SVP Chief Accting&Tax Officer
William Jefferson Jr.EVP, Chief Op & Safety OfficerLast filed 3 Mar 2026EVP, Chief Op & Safety Officer
Michael LuhrsEVP, Tech, Customer & CCOLast filed 3 Mar 2026EVP, Tech, Customer & CCO

Companies that share people with NiSource

Each person's title here, then at the other company.

  • Crown Castle CCI
    • Kevin T. Kabat: Director here, Director there
  • Marsh McLennan MRSH
    • Lloyd M. Yates: Director and President & CEO here, Director there

NiSource's market cap since December 2008

Weekly, up to 23 Oct 2026

Show equal percentage changes as equal steps.
201020122014201620182020202220242026$20.8B

Workforce

Headcount at 31 Dec 2025

Employees
7,738
As of December 31, 2025, we had 7,668 full-time and 70 part-time active employees (i.e., not interns, not on leave or disability).
NiSource Form 10-K

Insider trades

Open-market buys and sales by directors and officers. Grants, option exercises and shares withheld for tax are left out.

Trades from 30 Sep 2025 to 30 Sep 2026

Directors and officers sold $4.9 million of stock in 8 sales and made no open-market purchases in the 12 months to 30 Sep 2026.

DatePersonTitleTypeSharesValue
14 Aug 2026SaleMelody BirminghamEVP & Grp President, UtilitiesEVP & Grp President, UtilitiesSale37,509$1.6M
22 May 2026SaleMelanie B. BermanEVP Administration & CHROEVP Administration & CHROSale15,000$715K
21 May 2026SaleLloyd M. YatesDirector and President & CEODirector and President & CEOSale19,905$950K
20 May 2026SaleMelody BirminghamEVP & Grp President, UtilitiesEVP & Grp President, UtilitiesSale2,500$119K
14 May 2026SaleMelody BirminghamEVP & Grp President, UtilitiesEVP & Grp President, UtilitiesSale10,000$472K
18 Feb 2026SaleGunnar GodeSVP Chief Accting&Tax OfficerSVP Chief Accting&Tax OfficerSale2,175$100K
13 Feb 2026SaleShawn AndersonEVP & CFOEVP & CFOSale12,500$563K
25 Nov 2025SaleKimberly S. CucciaEVP, GC & Corporate SecretaryEVP, GC & Corporate SecretarySale8,000$345K

Trades by members of Congress and officials

Trades members of Congress and senior executive branch officials disclosed, including their families'. Amounts are filed as ranges.

Trades from 20 Oct 2023 to 20 Oct 2026

3 people disclosed 3 purchases and 4 sales of NiSource stock since October 2023.

DateMember or officialTypeAmount
12 Jun 2026Donald J Trump (President)President 路 SoldSale$1,001 to $15,000$1K to $15K
11 May 2026Donald J Trump (President)President 路 BoughtPurchase$1,001 to $15,000$1K to $15K
10 Apr 2026Donald J Trump (President)President 路 SoldSale$1,001 to $15,000$1K to $15K
4 Mar 2026Donald J Trump (President)President 路 BoughtPurchase$1,001 to $15,000$1K to $15K
12 May 2025Jefferson Shreve (House, R-IN)House, R-IN 路 SoldSale$50,001 to $100,000$50K to $100K
11 Apr 2025Dan Newhouse (House, R-WA)House, R-WA 路 SoldSale$1,001 to $15,000$1K to $15K
10 Apr 2024Dan Newhouse (House, R-WA)House, R-WA 路 BoughtPurchase$1,001 to $15,000$1K to $15K

Not on file: no WARN layoff notices under its own name since October 2023.