4//SEC Filing
COLLAWN PATRICIA K 4
Accession 0001562180-25-002250
CIK 0001108426other
Filed
Mar 9, 8:00 PM ET
Accepted
Mar 10, 4:09 PM ET
Size
20.6 KB
Accession
0001562180-25-002250
Insider Transaction Report
Form 4
TXNM ENERGY INCTXNM
COLLAWN PATRICIA K
PRESIDENT AND COO
Transactions
- Tax Payment
Common Stock
2025-03-07$47.78/sh−2,701$129,054→ 749,557 total - Exercise/Conversion
Common Stock
2025-03-07+6,019→ 749,015 total - Exercise/Conversion
Common Stock
2025-03-07+5,967→ 752,258 total - Exercise/Conversion
Restricted Stock Rights
2025-03-07−6,019→ 51,101 total→ Common Stock (6,019 underlying) - Tax Payment
Common Stock
2025-03-07$47.78/sh−3,881$185,434→ 742,996 total - Exercise/Conversion
Restricted Stock Rights
2025-03-07−5,967→ 45,134 total→ Common Stock (5,967 underlying) - Exercise/Conversion
Common Stock
2025-03-07+8,575→ 746,877 total - Tax Payment
Common Stock
2025-03-07$47.78/sh−2,724$130,153→ 746,291 total - Exercise/Conversion
Restricted Stock Rights
2025-03-07−8,575→ 57,120 total→ Common Stock (8,575 underlying)
Footnotes (4)
- [F1]Represents the portions of previous awards of restricted stock rights that vested effective as of March 7, 2025.
- [F2]Represents shares withheld by TXNM Energy, Inc. 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.
- [F3]Each restricted stock right represents a contingent right to receive one share of TXNM Energy, Inc. common stock.
- [F4]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).
Documents
Issuer
TXNM ENERGY INC
CIK 0001108426
Entity typeother
IncorporatedCO
Related Parties
1- filerCIK 0001083786
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 8:00 PM ET
- Accepted
- Mar 10, 4:09 PM ET
- Size
- 20.6 KB