BAILEY VICKY A 4
4 · TXNM ENERGY INC · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
TXNM Director Vicky A. Bailey Receives RSU Award (2,698)
What Happened
Vicky A. Bailey, a director of TXNM Energy Inc. (TXNM), was granted 2,698 restricted stock units (RSUs) on 2026-06-10. The award was recorded at $0.00 per share (no cash paid) and will be settled in common stock upon vesting. The RSUs vest on June 10, 2027; if vesting or any deferred delivery date falls within a trading blackout, delivery of the vested shares will be delayed until after the blackout ends.
Key Details
- Transaction date: 2026-06-10; Form 4 filed: 2026-06-11 (filed the next day; within the usual two-business-day window).
- Transaction type/code: Award/Grant (A).
- Shares granted: 2,698 RSUs; price reported: $0.00; immediate value on the Form 4: $0.
- Vesting/settlement: Vest on 2027-06-10; settled in common stock upon or after vesting (subject to blackout delays).
- Shares owned after transaction: not disclosed on the Form 4.
- Other note: The filing excludes 8,725 shares previously owned directly by Ms. Bailey that were contributed to her revocable living trust (Vicky Bailey Revocable Living Trust).
Context
RSUs are equity awards that convert to shares at vesting; this grant is not a purchase or sale and does not involve immediate cash or market activity. Such grants are compensation/retention measures and do not, by themselves, indicate an insider buying or selling for investment reasons.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-06-10+2,698→ 11,692 total
- 8,725(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]These shares represent restricted stock units granted on June 10, 2026 that will vest on June 10, 2027 and be settled in common stock upon or after vesting (and delivered in accordance with any elections made under the Director Deferred Right Program), provided that if vesting or any applicable deferred delivery dates occur during a blackout period, the vested shares will be delivered at a later date after such blackout period ends.
- [F2]Excludes 8,725 shares previously owned directly by the reporting person that were contributed to the reporting person's trust, the Vicky Bailey Revocable Living Trust (of which she is the sole trustee and sole beneficiary).