Every Form 4 that TXNM Energy, Inc. (TXNM) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow TXNM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TXNM filings page.
TXNM ENERGY INC director and executive chair Patricia K. Collawn reported an award of 739 Phantom Stock Shares on August 14, 2026. The phantom shares, held indirectly in the TXNM Common Stock Fund under the Executive Savings Plan II, convert into an equal number of common shares and will settle upon her retirement or other termination of service. This acquisition resulted from notational dividend reinvestment on the company’s cash dividend payment date and brought her reported indirect phantom stock balance to 98,591 shares. The transaction was not affirmed as made under a Rule 10b5-1 trading plan.
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.
Maestas Steven reported acquisition or exercise transactions in this Form 4 filing.
TXNM ENERGY INC director Steven Maestas received an award of 2,698 restricted stock units on June 10, 2026. These units vest on June 10, 2027 and will be settled in common stock upon or after vesting, subject to any blackout periods and deferral elections. Following this grant, Maestas holds 8,992 common shares directly.
Gutierrez Sidney M. reported acquisition or exercise transactions in this Form 4 filing.
TXNM ENERGY INC director Sidney M. Gutierrez received a grant of 2,698 shares of Common Stock in the form of restricted stock units. These units were granted on June 10, 2026, will vest on June 10, 2027, and will be settled in common stock upon or after vesting, subject to any elections under the Director Deferred Right Program and any blackout periods. Following this award, Gutierrez directly holds 32,135 shares of Common Stock.
CONLEY E RENAE reported acquisition or exercise transactions in this Form 4 filing.
TXNM ENERGY INC director Renae E. Conley received an award of 2,698 shares of common stock in the form of restricted stock units on June 10, 2026. These units vest on June 10, 2027 and will be settled in common stock, with delivery timing also subject to any director deferral elections and blackout-period restrictions. After this grant, Conley directly holds 39,971 shares of TXNM common stock.
BECKER NORMAN P. reported acquisition or exercise transactions in this Form 4 filing.
TXNM Energy Inc director Norman P. Becker received an equity award of 2,698 restricted stock units on June 10, 2026. These units will vest on June 10, 2027 and be settled in common stock upon or after vesting, subject to any elections under the Director Deferred Right Program and blackout period restrictions.
Following this compensation-related grant, Becker holds 30,802 shares of common stock directly. This is a routine non-cash director compensation award rather than an open-market purchase.
HUGHES JAMES ALTON reported acquisition or exercise transactions in this Form 4 filing.
TXNM ENERGY INC director James Alton Hughes received an equity grant of 2,698 restricted stock units. These RSUs were granted on June 10, 2026 at no cash cost and will vest on June 10, 2027. After this grant, he holds 22,217 shares of common stock directly. Vested shares will be settled in common stock, with delivery possibly deferred under the Director Deferred Right Program or delayed if a blackout period is in effect.
TXNM ENERGY INC director Lillian J. Montoya received an equity grant in the form of restricted stock units. She acquired 2,698 shares of Common Stock on June 10, 2026 as a grant, with no purchase price, bringing her direct holdings to 8,992 shares.
The footnote explains these 2,698 units are restricted stock units that will vest on June 10, 2027 and be settled in common stock upon or after vesting, subject to any elections under the Director Deferred Right Program. If vesting or any deferred delivery date falls during a blackout period, delivery of vested shares will be delayed until the blackout period ends. This is a routine, compensation-related award rather than an open-market share purchase.
MULLARKEY MAUREEN T reported acquisition or exercise transactions in this Form 4 filing.
TXNM ENERGY INC director Maureen T. Mullarkey received an equity award in the form of restricted stock units. She was granted 2,698 units of common stock on June 10, 2026 at no purchase price. Following this grant, she directly holds 34,487 shares of TXNM Energy common stock.
The footnotes explain that these restricted stock units will vest on June 10, 2027 and then be settled in common stock. Delivery may be deferred under the Director Deferred Right Program and could occur after any blackout period ends, making this a scheduled, compensation-related award rather than a market transaction.
TXNM Energy Inc executive chair Patricia K. Collawn reported an acquisition of phantom stock under a company savings plan. On the cash dividend payment date of May 15, 2026, she was credited with 691 phantom stock shares through notational dividend reinvestment.
These phantom stock shares are held indirectly in the TXNM Energy, Inc. Executive Savings Plan II and are convertible into common stock on a one-for-one basis. Following this grant, her plan-related phantom stock balance is 97,852 shares, which will settle upon retirement or other termination of service.
TXNM Energy Inc President and CEO Joseph Don Tarry reported multiple equity award transactions dated March 7, 2026. Several restricted stock rights were exercised for no cash price, converting into shares of common stock as part of previously granted awards that vested on that date.
Related Common Stock entries with code "F" reflect shares withheld at $58.88 per share to cover tax obligations arising from these equity settlements. According to the disclosure, TXNM Energy uses a modified share-withholding approach, and only the net shares after tax are delivered to the executive.
TXNM Energy Inc. executive Brian Iverson, General Counsel and Senior Vice President for Regulatory and Public Policy, reported equity award activity effective March 7, 2026. A prior grant of restricted stock rights vested, converting 1,163 restricted stock rights into the same number of common shares.
To cover tax obligations on this vesting, the company withheld 414 common shares at $58.88 per share using a modified share-withholding approach described in the footnotes. After these transactions, Iverson directly held 9,119 shares of common stock and 5,578 restricted stock rights that continue to vest in three equal annual installments.
TXNM Energy Inc. executive chair Patricia K. Collawn reported vesting and settlement of equity awards. On March 7, 2026, several blocks of restricted stock rights were exercised, each right converting into one share of TXNM Energy common stock. Common shares were acquired in multiple transactions linked to these awards.
Separate Form 4 entries show common shares withheld in three transactions coded "F" at $58.88 per share to cover tax obligations from the equity award settlements, consistent with the company’s modified share-withholding approach. After these transactions, Collawn continued to hold a substantial direct ownership position in TXNM common stock.
TXNM Energy SVP and CFO Henry E. Monroy reported equity award activity involving restricted stock rights and common shares. On March 7, 2026, he exercised multiple restricted stock rights, each representing the right to receive one share of TXNM Energy common stock, resulting in new directly held shares.
Some of the resulting common shares were withheld under the company’s modified “share withholding” approach to cover tax obligations at a price of $58.88 per share, with only the net shares delivered to him. After these exercises and tax-withholding dispositions, his direct common stock and restricted stock right holdings increased compared with prior awards that vested on that date.
TXNM Energy VP and Corporate Controller Gerald R. Bischoff reported multiple equity award transactions. On March 7, 2026, he exercised restricted stock rights that convert on a one-for-one basis into TXNM Energy common stock. These awards vest in three equal annual installments under the company’s equity program.
The filing also shows shares of common stock withheld under transaction code “F” at a price of $58.88 per share to cover tax obligations from the vesting and settlement of these equity awards. Under the company’s modified share withholding approach, only the net shares after tax are ultimately delivered to Bischoff.
Jacobson Monique reported acquisition or exercise transactions in this Form 4 filing.
TXNM Energy Inc. reported that senior vice president of corporate services Monique Jacobson received a grant of 1,629 restricted stock rights. Each right represents a contingent right to receive one share of TXNM Energy common stock. The award vests in three equal annual installments, with vested shares delivered on each vesting date or after any blackout period ends.
COLLAWN PATRICIA K reported acquisition or exercise transactions in this Form 4 filing.
TXNM Energy Inc. director and executive chair Patricia K. Collawn received a grant of 13,127 restricted stock rights. Each right represents one share of common stock and vests in three equal annual installments. After this award, she holds 58,261 restricted stock rights directly.
TARRY JOSEPH DON reported acquisition or exercise transactions in this Form 4 filing.
TXNM Energy Inc. President and CEO Tarry Joseph Don reported receiving a grant of 17,194 restricted stock rights on March 3, 2026. Each right represents a contingent right to receive one share of TXNM Energy common stock at no purchase price. The restricted stock units vest in three equal annual installments, with vested shares delivered on the applicable vesting dates, or after any blackout period ends. Following this award, Tarry directly holds 33,207 restricted stock rights.
Iverson Brian reported acquisition or exercise transactions in this Form 4 filing.
TXNM Energy Inc. reported that executive Brian Iverson, General Counsel and Senior Vice President of Regulatory and Public Policy, received a grant of 3,216 restricted stock rights. Each right represents a contingent claim to one share of TXNM common stock, awarded at no cash cost to him.
After this award, Iverson directly holds 6,741 restricted stock rights. The units vest in three equal annual installments, with shares delivered on each vesting date or after any applicable blackout period under the company’s insider trading policy.
Monroy Henry E reported acquisition or exercise transactions in this Form 4 filing.
TXNM Energy Inc reported that its SVP and CFO, Henry E. Monroy, received a grant of 2,382 restricted stock rights. Each right represents a contingent right to receive one share of TXNM Energy common stock. Following this award, he holds 4,559 derivative securities of this type directly.
The restricted stock units vest in three equal annual installments. Shares underlying vested units will be delivered on each vesting date, or after any blackout period under the company’s insider trading policy ends, if a blackout is in effect on a vesting date.
TXNM ENERGY INC reported that officer Gerald R. Bischoff, its VP and Corporate Controller, received a grant of restricted stock rights. He acquired 841 restricted stock rights at a price of $0.00 per right, bringing his directly held derivative position to 2,553 restricted stock rights following the transaction.
Each restricted stock right represents a contingent right to receive one share of TXNM Energy, Inc. common stock. These restricted stock units vest in three equal annual installments, with vested shares delivered on each vesting date or after any applicable blackout period under the company’s insider trading policy ends.
COLLAWN PATRICIA K reported acquisition or exercise transactions in a Form 4 filing for TXNM. The filing lists transactions totaling 674 shares. Following the reported transactions, holdings were 97,161 shares.
TXNM Energy Inc. reported insider activity by President and CEO Joseph Don Tarry, who also serves as a director. On 12/17/2025, 9,433 performance-based shares of common stock vested at an exercise price of $0, reflecting awards earned for the 2023–2025 performance period based on preliminary results of the applicable performance measures.
To satisfy tax withholding obligations related to this equity award, 4,269 shares were disposed of at $58.71 per share under the company’s share-withholding approach. After these transactions, Tarry directly beneficially owned 54,256 shares of TXNM Energy common stock.
TXNM Energy Inc. officer Brian Iverson reported routine equity compensation activity dated 12/17/2025. 2,344 shares of common stock vested from performance shares earned for the 2023–2025 performance period at a stated price of $0, reflecting delivery of stock rather than an open-market purchase.
To cover taxes on this vesting, 710 shares were withheld and treated as disposed of at $58.71 per share under the company’s modified share withholding approach, which involves remitting tax in cash and instructing a broker to buy replacement shares on the open market. After these transactions, Iverson directly beneficially owned 8,370 shares of TXNM Energy common stock.
TXNM Energy Inc. reported an insider equity transaction by its SVP of Corporate Services. On 12/17/2025, 658 shares of common stock vested, representing performance shares earned for the 2023–2025 period based on preliminary achievement of performance measures. On the same date, 298 shares were withheld at a price of $58.71 per share to cover tax withholding obligations tied to the equity award settlement, leaving 360 shares of common stock beneficially owned directly after these transactions. TXNM Energy uses a modified share withholding approach in which it withholds cash for taxes, has a broker purchase shares on the open market with the after-tax value, and delivers only the resulting net shares to the executive.
TXNM Energy Inc. reported an insider stock transaction by its SVP and CFO, Henry E. Monroy. On 12/17/2025, 466 shares of common stock vested from performance-based awards for the 2023 - 2025 period, increasing his direct holdings. On the same date, 211 shares were withheld at $58.71 per share to cover tax obligations tied to these equity awards. After these transactions, he directly beneficially owned 8,893 shares of TXNM Energy common stock.
The company explains that it uses a modified share-withholding method, in which it withholds cash to satisfy tax obligations and a broker purchases shares on the open market so that only net shares from equity awards are delivered to the executive.
TXNM Energy Inc. officer Gerald R. Bischoff, VP and Corporate Controller, reported equity award activity involving the company’s common stock. On 12/17/2025, he acquired 638 shares at $0 upon vesting of performance shares for the 2023–2025 performance period, based on preliminary results for the applicable performance measures. To cover related tax obligations, 289 shares were withheld at $58.71 per share, leaving him with 1,391 shares of TXNM Energy common stock beneficially owned directly after these transactions.
TXNM Energy Inc executive chair and director Patricia K. Collawn reported insider equity activity involving the company’s common stock. On 12/17/2025, 27,320 performance-based common shares vested at a price of $0, earned for the 2023–2025 performance period based on preliminary achievement of the applicable measures.
To cover tax obligations from these equity awards, the company withheld 12,363 shares at a price of $58.71 per share using its modified share-withholding approach. After these transactions, Collawn beneficially owned 764,514 shares of TXNM Energy Inc common stock directly.
TXNM Energy Inc. President and CEO, who is also a director, reported equity award activity involving the company’s common stock. On December 1, 2025, 13,234 restricted stock rights vested and were settled into shares of common stock at an exercise price of $0, increasing his holdings. On the same date, 5,989 shares of common stock were withheld by TXNM Energy Inc. to cover tax obligations related to this equity award, at a price of $58.4 per share.
After these transactions, the reporting person directly owned 49,092 shares of TXNM Energy Inc. common stock and held 16,013 derivative securities in the form of restricted stock rights, each representing a contingent right to receive one share of common stock. The restricted stock units vest in three equal annual installments, with shares delivered on each vesting date or after any applicable blackout period ends.
TXNM Energy Inc. reported that Executive Chair and director Patricia K. Collawn acquired 672 phantom stock shares on November 14, 2025 through notational dividend reinvestment under the TXNM Energy, Inc. Executive Savings Plan II. These phantom stock units convert into common stock on a one-for-one basis and are designed to mirror the value of TXNM common shares. After this transaction, she beneficially owns 96,487 phantom stock shares indirectly through the plan, which will settle in common stock upon her retirement or other termination of service.
TXNM Energy Inc. director Vicky A. Bailey reported a sale of company stock in a Form 4 filing. On 11/14/2025, a trust for her benefit sold 1,800 shares of TXNM common stock at a weighted average price of $57.74 per share, with individual sale prices ranging from $57.73 to $58.73. After this transaction, the trust holds 8,725 shares beneficially for her. The filing also notes that this figure excludes 8,994 shares owned directly by the reporting person, indicating that she continues to hold a meaningful personal stake in TXNM alongside the trust position.
Brian Iverson, listed as General Counsel and SVP Regulatory & Public Policy of TXNM Energy Inc. (TXNM), reported transactions dated 09/16/2025. On that date 4,650 restricted stock rights vested, each representing one share, and the reporting person acquired 4,650 shares with a $0 price basis on vesting. The company withheld 1,407 shares$56.63 per share, leaving the reporting person with 6,736 shares09/18/2025. The filing explains the companys modified share withholding procedure and that restricted units vest in three equal annual installments.