COLLAWN PATRICIA K - 08 Nov 2024 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
08 Nov 2024
Net transactions value
$0
Form type
4
Filing time
12 Nov 2024, 16:00:58 UTC
Previous filing
13 Aug 2024
Next filing
20 May 2025

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 +776 +0.83% $0.000000 93,732 08 Nov 2024 Common Stock 776 PNM Common Stock Fund - PNM Resources 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 shares acquired under the TXNM Energy, Inc. Executive Savings Plan II through notational dividend reinvestment on the cash dividend payment date of November 8, 2024.
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.