Collawn Patricia K - Nov 8, 2024 Form 4 Insider Report for TXNM ENERGY INC (TXNM)

Role
CHAIRMAN AND CEO, Director
Signature
/s/ Angela L. Pino, POA for Patricia K. Collawn
Stock symbol
TXNM
Transactions as of
Nov 8, 2024
Transactions value $
$0
Form type
4
Date filed
11/12/2024, 04:00 PM
Previous filing
Aug 13, 2024

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% $0.00 93.7K Nov 8, 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.