TXNM director granted 2,698 restricted stock units
BAILEY VICKY A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
BAILEY VICKY A reported acquisition or exercise transactions in this Form 4 filing.
TXNM ENERGY INC director Vicky A. Bailey reported an equity compensation award and an ownership reclassification. She received 2,698 shares of Common Stock in the form of restricted stock units granted on June 10, 2026 at $0.00 per share, which will vest on June 10, 2027 and be settled in common stock, with delivery timing potentially affected by blackout periods and elections under the Director Deferred Right Program. Following this grant, she directly owns 11,692 shares of Common Stock and indirectly holds 8,725 shares through the Vicky Bailey Revocable Living Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,698 shares
Grant/Award
2 txns
Insider
BAILEY VICKY A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,698 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 11,692 shares (Direct);
Common Stock — 8,725 shares (Indirect, By Trust)
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).
Key Figures
RSU grant: 2,698 shares
Grant price: $0.00 per share
RSU vesting date: June 10, 2027
+2 more
5 metrics
RSU grant
2,698 shares
Restricted stock units granted June 10, 2026
Grant price
$0.00 per share
Equity award, not open-market purchase
RSU vesting date
June 10, 2027
Vesting date for granted units
Direct holdings after grant
11,692 shares
Common stock directly owned after transactions
Indirect trust holdings
8,725 shares
Held by Vicky Bailey Revocable Living Trust
Key Terms
restricted stock units, Director Deferred Right Program, blackout period, Revocable Living Trust, +1 more
5 terms
restricted stock units financial
"These shares represent restricted stock units granted on June 10, 2026 that will vest"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Director Deferred Right Program financial
"delivered in accordance with any elections made under the Director Deferred Right Program"
blackout period financial
"provided that if vesting or any applicable deferred delivery dates occur during a blackout period"
A blackout period is a temporary window when company insiders, employees or certain plan participants are barred from buying or selling the company’s stock, usually around earnings releases or other material events. It matters to investors because it reduces the risk of unfair trading based on secret information and can affect share liquidity and timing—think of it as a “no trading” zone set to keep the market fair and orderly.
Revocable Living Trust financial
"contributed to the reporting person's trust, the Vicky Bailey Revocable Living Trust"
indirect ownership financial
"total_shares_following_transaction": "8725.0000", "direct_or_indirect": "I""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TXNM director Vicky A. Bailey report on this Form 4?
Vicky A. Bailey reported receiving 2,698 restricted stock units of TXNM ENERGY INC common stock as a grant on June 10, 2026. These units represent equity compensation rather than an open-market purchase and will convert into shares upon or after vesting.
When do Vicky A. Bailey’s newly granted TXNM restricted stock units vest?
The 2,698 restricted stock units granted to Vicky A. Bailey vest on June 10, 2027. Once vested, they will be settled in TXNM common stock and delivered either at vesting or after any elected deferral and applicable blackout periods under the company’s director program.
Are Vicky A. Bailey’s TXNM transactions open-market buys or compensation awards?
The filing shows a compensation-related grant of 2,698 restricted stock units, not an open-market purchase or sale. The transaction code “A” and a price of $0.00 per share indicate an award of stock-based compensation rather than trading activity in the public market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
