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TXNM ENERGY INC

TXNM

Total Value
$582.1K

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
Mar 9, 2026
Transaction Date
Mar 7, 2026
Accession Number
0001083786-26-000006
Form Type
4

Non-Derivative Transactions

DateSecuritySharesPriceTypeValue
Mar 7, 2026Common Stock6,019Exercise
Mar 7, 2026Common Stock2,724$58.88Tax Withholding$160.4K
Mar 7, 2026Common Stock8,577Exercise
Mar 7, 2026Common Stock3,882$58.88Tax Withholding$228.6K
Mar 7, 2026Common Stock7,248Exercise
Mar 7, 2026Common Stock3,280$58.88Tax Withholding$193.1K

Derivative Transactions

DateSecuritySharesExercise PriceTypeValue
Mar 7, 2026Derivative6,019Exercise
Mar 7, 2026Derivative8,577Exercise
Mar 7, 2026Derivative7,248Exercise

Footnotes

  1. (F1)Represents the portion of previous awards of restricted stock rights that vested effective as of March 7, 2026.
  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.
  3. (F3)Each restricted stock right represents a contingent right to receive one share of TXNM Energy, Inc. common stock.
  4. (F4)The restricted stock units vest in three equal annual installments. Vested shares will be delivered to the reporting person on the applicable vesting dates (or, if the company is in a blackout period under its insider trading policy on any vesting date, at a later date after such blackout period ends).

SEC Filing

View on SEC Daily

View the complete filing document on SEC Daily.