COLLAWN PATRICIA K - 03 Mar 2026 Form 4 Insider Report for TXNM ENERGY INC (TXNM)

Role: EXECUTIVE CHAIR, Director
Signature: /s/ Angela L. Pino, POA for Patricia K. Collawn
Issuer symbol: TXNM
Transactions as of: 03 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 04 Mar 2026, 18:18:19 UTC
Previous filing: 17 Feb 2026
Next filing: 09 Mar 2026
SEC: View on sec.gov

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	04 Mar 2026	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	Restricted Stock Rights	Award		+13,127	+29%	$0.000000^*	58,261	03 Mar 2026	Common Stock	13,127		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock right represents a contingent right to receive one share of TXNM Energy, Inc. common stock.
F2	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).