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NiSource Grants $2M Equity Award to Executive
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NiSource Grants $2M Equity Award to Executive

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Invest with Confidence:

Nisource ( (NI) ) has issued an announcement.

On January 22, 2025, NiSource Inc.’s Board of Directors’ Compensation and Human Capital Committee awarded Michael Luhrs, the Executive Vice President, Strategy Risk and Chief Commercial Officer, a one-time equity award valued at $2 million. This award consists of 52,938 restricted stock units set to vest in stages over the upcoming years, specifically 33% each on January 22 of 2026 and 2027, and the remaining 34% on January 22, 2028, with additional provisions for vesting upon certain service separations.

More about Nisource

YTD Price Performance: 3.41%

Average Trading Volume: 3,672,761

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $17.55B

For an in-depth examination of NI stock, go to TipRanks’ Stock Analysis page.

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