COLLAWN PATRICIA K - 14 Nov 2025 Form 4 Insider Report for TXNM ENERGY INC (TXNM)

Signature
/s/ Angela L. Pino, POA for Patricia K. Collawn
Issuer symbol
TXNM
Transactions as of
14 Nov 2025
Net transactions value
$0
Form type
4
Filing time
18 Nov 2025, 17:15:42 UTC
Previous filing
25 Aug 2025
Next filing
19 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
COLLAWN PATRICIA K EXECUTIVE CHAIR, Director CORPORATE HEADQUARTERS, MS 1275, ALBUQUERQUE /s/ Angela L. Pino, POA for Patricia K. Collawn 18 Nov 2025 0001083786

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TXNM Phantom Stock Shares Award $0 +672 +0.7% $0.000000 96,487 14 Nov 2025 Common Stock 672 TXNM Common Stock Fund - TXNM Energy, Inc. Executive Savings Plan II F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The security converts to common stock on a one-for-one basis.
F2 Reflects the amount of phantom stock shares acquired under the TXNM Energy, Inc. Executive Savings Plan II through notational dividend reinvestment on the cash dividend payment date of November 14, 2025.
F3 The phantom stock shares were acquired under the TXNM Energy, Inc. Executive Savings Plan II, and will settle upon the Reporting Person's retirement or other termination of service.