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TXNM ENERGY INC

TXNM

Total Value
$725.8K

Company Information

Company Name
TXNM ENERGY INC
Ticker Symbol
TXNM
CIK
0001108426

Insider Information

Role
EXECUTIVE CHAIR, Director
DirectorOfficer
Location
ALBUQUERQUE, NM

Filing Details

Filing Date
Dec 18, 2025
Transaction Date
Dec 17, 2025
Accession Number
0001083786-25-000007
Form Type
4

Non-Derivative Transactions

DateSecuritySharesPriceTypeValue
Dec 17, 2025Common Stock27,320Exercise
Dec 17, 2025Common Stock12,363$58.71Tax Withholding$725.8K

Footnotes

  1. (F1)Represents vesting of performance shares earned for the 2023 - 2025 performance period based on preliminary results of achievement of applicable performance measures.
  2. (F2)Represents shares withheld by TXNM Energy, Inc. (the "Company") to satisfy the tax withholding obligations arising in connection with the settlement of equity awards. The Company utilizes a modified "share withholding" approach in connection with settling equity awards, in which it (i) withholds (in cash) an amount to satisfy tax withholding obligations and remits such amount to the relevant tax authorities, and (ii) directs a designated broker to purchase on the open market the number of shares of the Company's common stock that can be acquired with the after-tax value of equity awards at the prevailing market price. Only these "net shares" are delivered to the recipient of the equity awards.

SEC Filing

View on SEC Daily

View the complete filing document on SEC Daily.