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4//SEC Filing

Jacobson Monique 4

Accession 0002070792-25-000002

CIK 0001108426other

Filed

Dec 17, 7:00 PM ET

Accepted

Dec 18, 3:55 PM ET

Size

7.1 KB

Accession

0002070792-25-000002

Insider Transaction Report

Form 4
Period: 2025-12-17
Jacobson Monique
SVP, Corporate Services
Transactions
  • Exercise/Conversion

    Common Stock

    2025-12-17+658658 total
  • Tax Payment

    Common Stock

    2025-12-17$58.71/sh298$17,496360 total
Footnotes (2)
  • [F1]Represents vesting of performance shares earned for the 2023 - 2025 performance period based on preliminary results of achievement of applicable performance measures.
  • [F2]Represents shares withheld by TXNM Energy, Inc. (the "Company") to satisfy the tax withholding obligations arising in connection with the settlement of equity awards. The Company utilizes a modified "share withholding" approach in connection with settling equity awards, in which it (i) withholds (in cash) an amount to satisfy tax withholding obligations and remits such amount to the relevant tax authorities, and (ii) directs a designated broker to purchase on the open market the number of shares of the Company's common stock that can be acquired with the after-tax value of equity awards at the prevailing market price. Only these "net shares" are delivered to the recipient of the equity awards.

Issuer

TXNM ENERGY INC

CIK 0001108426

Entity typeother

Related Parties

1
  • filerCIK 0002070792

Filing Metadata

Form type
4
Filed
Dec 17, 7:00 PM ET
Accepted
Dec 18, 3:55 PM ET
Size
7.1 KB